Average Price for property in Cumberland Road, Bromley, BR2 is around £464,579 which varies based on type of property you are interested in and ranges from £748,832 for detached house to around £680,839 for semi-detached. Similarly terraced house is around £486,159 and a flat is worth £294,345. Values have been changing and have risen £1,997 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,416 in last 6 months, £41,037 in last 1 year, £79,430 in last 2 years, £86,760 in last 3 years, £85,363 in last 4 years and £96,321 in last 5 years.
Currently average asking price of a property in Cumberland Road, Bromley, BR2 is around £876,319 based on approximately 4 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £1,640 per month.
Estimated property value in Cumberland Road, Bromley, BR2 is £464,579. Average asking price is £876,319 while average price paid is £414,000 which is up by £41,037 and Avg. asking rent £1,640.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 Cumberland Road, Bromley, BR2 area. In last 1 year alone average price buyer paid is around £414,000 based on approximately 4 sales in Cumberland Road, Bromley, BR2 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £276,535. 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 £296,418 for 42 and average amount paid for purchase of approx. 54 properties sold in last 7 years comes to about £305,316 per sale.