Derwent Road, London, SE20

Street Guide For Derwent Road, London, SE20

 

Derwent Road, London, SE20 Map

Estimated Price: £223,829
Average Asking Price: £391,164
Price change in last one year: £25,413
Average Price Paid: £138,833
Average Rent Rates: £1,042

 

Property Prices Breakdown in Derwent Road, London, SE20

Average Price for property in Derwent Road, London, SE20 is around £223,829 which varies based on type of property you are interested in and ranges from £331,759 for terraced house to around £214,016 for a flat. Values have been changing and have risen £1,373 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,530 in last 6 months, £25,413 in last 1 year, £48,659 in last 2 years, £55,243 in last 3 years, £56,052 in last 4 years and £61,787 in last 5 years.

Currently average asking price of a property in Derwent Road, London, SE20 is around £391,164 based on approximately 1 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £1,042 per month.

Estimated property value in Derwent Road, London, SE20 is £223,829. Average asking price is £391,164 while average price paid is £146,500 which is up by £25,413 and Avg. asking rent £1,042.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 Derwent Road, London, SE20 area. In last 1 year alone average price buyer paid is around £146,500 based on approximately 1 sales in Derwent Road, London, SE20 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £139,750. 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 £138,833 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £143,400 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 2 bedroom is around £394,983, £413,689 for a 3 bedroom house, £673,112 for a 4 bedroom house and £724,150 for a 5 bedroom house. For a flat similarly the prices varies from £238,239 for a single bedroom to £315,103 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £320,703. To sum up the asking prices for properties in Derwent Road, London, SE20 it comes to around average £238,239 for 1 bedroom property, £320,202 for 2 bedroom, £378,505 for 3 bedroom, £673,112 for 4 bedroom and £724,150 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 £764 for 1 bedroom to £1,360 for 2 bedroom and £1,666 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £912. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,083 and £1,167 for 3 bedroom. You should be generally be expecting around average £864 rent per month for single bedroom property, £1,143 for 2 bedroom and approximately £1,500 for 3 bedroom property in Derwent Road, London, SE20 area.

Popular Houses in Derwent Road, London, SE20

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 Derwent Road, London, SE20

Areas in and around Derwent Road, London, SE20