Values have been changing and have risen £2,921 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,513 in last 6 months, £45,029 in last 1 year, £92,042 in last 2 years, £106,887 in last 3 years, £108,147 in last 4 years and £119,929 in last 5 years.
Currently average asking price of a property in Drakefell Road, London, SE14 is around £403,923 based on approximately 5 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £1,298 per month.
Estimated property value in Drakefell Road, London, SE14 is £479,185. Average asking price is £403,923 while average price paid is £623,000 which is up by £45,029 and Avg. asking rent £1,298.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 Drakefell Road, London, SE14 area. In last 1 year alone average price buyer paid is around £623,000 based on approximately 5 sales in Drakefell Road, London, SE14 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £410,060. 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 £393,863 for 25 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £357,531 per sale.