Bexleyheath

Area Guide For Bexleyheath

Bexleyheath is a rural locale of south-east London, England, in the London Borough of Bexley. Bexleyheath is in Outer London, 12 miles east-southeast of Charing Cross. The region is distinguished in the London Plan as one of 35 noteworthy focuses in Greater London. 

The current town region is ruled by a secured shopping plaza opened in 1984, and an Asda grocery store (opened 1987), like offices in other rural towns and post-war 'New Towns'. A cosmetic touch up in 2008 on "The Mall" gave the inside a more advanced inward appearance; remotely it was generally unaltered. Different advancements incorporated the building of "Bexleyheath Square" in the early 2000s as an augmentation to the then "Broadway", giving all the more retail units. The 1990s saw the pedestrianization of the street adjoining "The Broadway" shopping plaza (otherwise called the Broadway) taking after the development of two minor detours. A hefty portion of the progressions to the town focus since 2000 have been somehow a reaction to rivalry from Bluewater Shopping Center, 9 miles to the east in Greenhithe, Kent. Administration was assumed control in 2010 by Broadway Shopping Center.

 
 

Bexleyheath Map

Estimated Price: £313,111
Average Asking Price: £351,581
Price change in last one year: £29,886
Average Price Paid: £251,276
Average Rent Rates: £1,170

 
 

Property Prices Breakdown in Bexleyheath

Average Price for property in Bexleyheath is around £313,111 which varies based on type of property you are interested in and ranges from £439,932 for detached house to around £340,599 for semi-detached. Similarly terraced house is around £275,567 and a flat is worth £187,122. Values have been changing and have risen £903 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,512 in last 6 months, £29,886 in last 1 year, £51,467 in last 2 years, £58,097 in last 3 years, £51,352 in last 4 years and £62,588 in last 5 years.

Currently average asking price of a property in Bexleyheath is around £351,581 based on approximately 653 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £1,170 per month.

Estimated property value in Bexleyheath is £313,111. Average asking price is £351,581 while average price paid is £280,941 which is up by £29,886 and Avg. asking rent £1,170.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bexleyheath area. In last 1 year alone average price buyer paid is around £280,941 based on approximately 653 sales in Bexleyheath area alone. If you compare it to last 3 years sales of 1,873 properties where buyers paid around £259,183. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £251,276 for 2,936 and average amount paid for purchase of approx. 3,930 properties sold in last 7 years comes to about £245,604 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £200,000, £265,556 for a 2 bedroom house, £338,906 for a 3 bedroom house, £416,190 for a 4 bedroom house and £699,989 for a 5 bedroom house. For a flat similarly the prices varies from £119,998 for a single bedroom to £202,135 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000. To sum up the asking prices for properties in Bexleyheath it comes to around average £135,998 for 1 bedroom property, £237,809 for 2 bedroom, £333,181 for 3 bedroom, £416,190 for 4 bedroom and £699,989 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £466 for 1 bedroom to £823 for 2 bedroom, £1,287 for 3 bedroom and £1,426 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £901. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £965 and £1,001 for 3 bedroom. You should be generally be expecting around average £684 rent per month for single bedroom property, £949 for 2 bedroom, £1,255 for 3 bedroom and approximately £1,426 for 4 bedroom property in Bexleyheath area.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Transportation in Bexleyheath

Browse by Streets in Bexleyheath