Average Price for property in Elmscott Road, Downham, Bromley, BR1 is around £258,956 which varies based on type of property you are interested in and ranges from £276,485 for semi-detached to around £255,062 for terraced house. Values have been changing and have risen £2,127 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,556 in last 6 months, £24,023 in last 1 year, £47,297 in last 2 years, £50,976 in last 3 years, £49,097 in last 4 years and £54,634 in last 5 years.
Currently average asking price of a property in Elmscott Road, Downham, Bromley, BR1 is around £602,737 based on approximately 2 properties for sale. Same is the case with rental options based on 108 properties up for rent, average asking rent is around £1,357 per month.
Estimated property value in Elmscott Road, Downham, Bromley, BR1 is £258,956. Average asking price is £602,737 while average price paid is £230,000 which is up by £24,023 and Avg. asking rent £1,357.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 Elmscott Road, Downham, Bromley, BR1 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 2 sales in Elmscott Road, Downham, Bromley, BR1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £221,666. 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 £212,500 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £212,500 per sale.