Values have been changing and have risen £2,231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,363 in last 6 months, £41,311 in last 1 year, £79,101 in last 2 years, £89,799 in last 3 years, £91,111 in last 4 years and £100,434 in last 5 years.
Currently average asking price of a property in Elder Oak Close, 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 Elder Oak Close, London, SE20 is £360,878. Average asking price is £391,164 while average price paid is £329,995 which is up by £41,311 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 Elder Oak Close, London, SE20 area. In last 1 year alone average price buyer paid is around £329,995 based on approximately 1 sales in Elder Oak Close, London, SE20 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £279,247. 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 £279,247 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £279,247 per sale.