Downend, London, SE18

Street Guide For Downend, London, SE18

 
 

Downend, London, SE18 Map

Estimated Price: £342,245
Average Asking Price: £328,670
Price change in last one year: £33,917
Average Price Paid: £315,000
Average Rent Rates: £1,299

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Property Prices Breakdown in Downend, London, SE18

Average Price for property in Downend, London, SE18 is around £342,245 e.g. average price for semi-detached is around 342,245. Values have been changing and have risen £2,700 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,738 in last 6 months, £33,917 in last 1 year, £69,913 in last 2 years, £80,142 in last 3 years, £81,351 in last 4 years and £85,060 in last 5 years.

Currently average asking price of a property in Downend, London, SE18 is around £328,670 based on approximately 1 properties for sale. Same is the case with rental options based on 254 properties up for rent, average asking rent is around £1,299 per month.

Estimated property value in Downend, London, SE18 is £342,245. Average asking price is £328,670 while average price paid is £315,000 which is up by £33,917 and Avg. asking rent £1,299.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 Downend, London, SE18 area. In last 1 year alone average price buyer paid is around £315,000 based on approximately 1 sales in Downend, London, SE18 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £315,000. 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 £315,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £315,000 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 £297,333, £380,312 for a 3 bedroom house, £460,663 for a 4 bedroom house and £504,286 for a 5 bedroom house. For a flat similarly the prices varies from £251,384 for a single bedroom to £302,455 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £394,918 and £250,000 for a 4 bedroom flat. To sum up the asking prices for properties in Downend, London, SE18 it comes to around average £251,384 for 1 bedroom property, £301,810 for 2 bedroom, £387,499 for 3 bedroom, £447,496 for 4 bedroom and £504,286 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 £593 for 1 bedroom to £1,153 for 2 bedrooms, £1,374 for 3 bedrooms, £1,694 for 4 bedrooms and £1,196 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,111. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,441, £1,512 for 3 bedroom and £1,311 for 4 bedroom. You should be generally be expecting around average £945 rent per month for single bedroom property, £1,427 for 2 bedroom, £1,428 for 3 bedroom, £1,475 for 4 bedroom and approximately £1,196 for a 5 bedroom property in Downend, London, SE18 area.

Popular Houses in Downend, London, SE18

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 Downend, London, SE18

Areas in and around Downend, London, SE18