Average Price for property in Drake Close, London, SE16 is around £576,926 which varies based on type of property you are interested in and ranges from £564,607 for terraced house to around £687,793 for a flat. Values have been changing and have risen £3,928 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,036 in last 6 months, £66,621 in last 1 year, £125,529 in last 2 years, £138,083 in last 3 years, £140,153 in last 4 years and £155,165 in last 5 years.
Currently average asking price of a property in Drake Close, London, SE16 is around £582,204 based on approximately 0 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Drake Close, London, SE16 is £576,926. Average asking price is £582,204 while average price paid is £435,000 which is up by £138,083 and Avg. asking rent £1,754.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 Drake Close, London, SE16 area. In last 3 years alone average price buyer paid is around £435,000 based on approximately 1 sales in Drake Close, London, SE16 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £435,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £435,000 for 1 per sale.