Denmark Hill

Area Guide For Denmark Hill

Denmark Hill is an area and road in South London located between Camberwell and East Dulwich in the London Borough of Southwark. The road forms part of the A215; north of Camberwell Green it becomes Camberwell Road; south of Red Post Hill it becomes Herne Hill. Nearby streets whose names refer to different aspects of the same topographical feature include Dog Kennel Hill, Champion Hill and Red Post Hill. It marks the edge of the Thames valley plain in this area - from here to the river the land is flat. There are good views across central London from vantage points on the top of the hill. With avarage property prices around 22.3% below the London avarage it is an idea destination for first time buyers.

 
 

Denmark Hill Map

Estimated Price: £565,111
Average Asking Price: £869,138
Price change in last one year: £60,584
Average Price Paid: £409,763
Average Rent Rates: £1,628

 
 

Property Prices Breakdown in Denmark Hill

Average Price for property in Denmark Hill is around £565,111 which varies based on type of property you are interested in and ranges from £1,335,174 for detached house to around £913,265 for semi-detached. Similarly terraced house is around £838,511 and a flat is worth £372,200. Values have been changing and have risen £5,869 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,716 in last 6 months, £60,584 in last 1 year, £118,411 in last 2 years, £141,678 in last 3 years, £137,870 in last 4 years and £155,686 in last 5 years.

Currently average asking price of a property in Denmark Hill is around £869,138 based on approximately 161 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £1,628 per month.

Estimated property value in Denmark Hill is £565,111. Average asking price is £869,138 while average price paid is £536,260 which is up by £60,584 and Avg. asking rent £1,628.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 Denmark Hill area. In last 1 year alone average price buyer paid is around £536,260 based on approximately 161 sales in Denmark Hill area alone. If you compare it to last 3 years sales of 534 properties where buyers paid around £459,381. 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 £409,763 for 861 and average amount paid for purchase of approx. 1,108 properties sold in last 7 years comes to about £380,453 per sale.

 
 

Properties For Sale in Denmark Hill

 
 

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 £375,000, £699,950 for a 2 bedroom house, £729,271 for a 3 bedroom house, £1,052,657 for a 4 bedroom house and £1,493,746 for a 5 bedroom house. For a flat similarly the prices varies from £321,862 for a single bedroom to £438,371 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £633,980, £812,500 for a 4 bedroom flat and £1,399,950 for a 5 bedroom flat. To sum up the asking prices for properties in Denmark Hill it comes to around average £327,767 for 1 bedroom property, £458,492 for 2 bedroom, £689,567 for 3 bedroom, £1,024,403 for 4 bedroom and £1,486,531 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 £1,777 for 2 bedroom to £2,201 for 3 bedroom and £3,098 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,467. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,486 and £2,172 for 3 bedroom. You should be generally be expecting around average £1,467 rent per month for single bedroom property, £1,544 for 2 bedroom, £2,175 for 3 bedroom and approximately £3,098 for 4 bedroom property in Denmark Hill area.

Popular Houses in Denmark Hill

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.

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