Erebus Drive, London, SE28

Street Guide For Erebus Drive, London, SE28

 
 

Erebus Drive, London, SE28 Map

Estimated Price: £366,237
Average Asking Price: £218,708
Price change in last one year: £42,217
Average Price Paid: £208,829
Average Rent Rates: £1,177

 

Property Prices Breakdown in Erebus Drive, London, SE28

Average Price for property in Erebus Drive, London, SE28 is around £366,237 which varies based on type of property you are interested in and ranges from £380,313 for terraced house to around £365,984 for a flat. Values have been changing and have risen £3,677 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,841 in last 6 months, £42,217 in last 1 year, £74,753 in last 2 years, £83,002 in last 3 years, £82,093 in last 4 years and £92,366 in last 5 years.

Currently average asking price of a property in Erebus Drive, London, SE28 is around £218,708 based on approximately 27 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £1,177 per month.

Estimated property value in Erebus Drive, London, SE28 is £366,237. Average asking price is £218,708 while average price paid is £244,977 which is up by £42,217 and Avg. asking rent £1,177.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 Erebus Drive, London, SE28 area. In last 1 year alone average price buyer paid is around £244,977 based on approximately 27 sales in Erebus Drive, London, SE28 area alone. If you compare it to last 3 years sales of 58 properties where buyers paid around £217,374. 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 £208,829 for 75 and average amount paid for purchase of approx. 86 properties sold in last 7 years comes to about £206,682 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 1 bedroom is around £165,000, £231,923 for a 2 bedroom house, £277,499 for a 3 bedroom house and £294,284 for a 4 bedroom house. For a flat similarly the prices varies from £137,356 for a single bedroom to £222,412 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £140,000 and £300,000 for a 4 bedroom flat. To sum up the asking prices for properties in Erebus Drive, London, SE28 it comes to around average £139,199 for 1 bedroom property, £225,428 for 2 bedroom, £264,999 for 3 bedroom and £294,999 for 4 bedroom.

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 £1,179 for 1 bedroom to £1,293 for 2 bedroom, £1,221 for 3 bedroom and £1,400 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,211. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,189. You should be generally be expecting around average £1,202 rent per month for single bedroom property, £1,219 for 2 bedroom, £1,221 for 3 bedroom and approximately £1,400 for 4 bedroom property in Erebus Drive, London, SE28 area.

Popular Houses in Erebus Drive, London, SE28

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 Erebus Drive, London, SE28

Areas in and around Erebus Drive, London, SE28