Erwood Road, London, SE7

Street Guide For Erwood Road, London, SE7

 
 

Erwood Road, London, SE7 Map

Estimated Price: £267,132
Average Asking Price: £386,106
Price change in last one year: £25,953
Average Price Paid: £208,000
Average Rent Rates: £1,808

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

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Property Prices Breakdown in Erwood Road, London, SE7

Average Price for property in Erwood Road, London, SE7 is around £267,132 which varies based on type of property you are interested in and ranges from £314,666 for terraced house to around £209,035 for a flat. Values have been changing and have risen £1,640 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,411 in last 6 months, £25,953 in last 1 year, £51,997 in last 2 years, £63,767 in last 3 years, £62,391 in last 4 years and £70,478 in last 5 years.

Currently average asking price of a property in Erwood Road, London, SE7 is around £386,106 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,808 per month.

Estimated property value in Erwood Road, London, SE7 is £267,132. Average asking price is £386,106 while average price paid is £195,000 which is up by £25,953 and Avg. asking rent £1,808.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 Erwood Road, London, SE7 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 1 sales in Erwood Road, London, SE7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £195,000. 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 £208,000 for 2 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £188,285 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 2 bedroom is around £395,000, £454,045 for a 3 bedroom house and £549,158 for a 4 bedroom house. For a flat similarly the prices varies from £262,556 for a single bedroom to £252,692 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £301,665 and £349,000 for a 4 bedroom flat. To sum up the asking prices for properties in Erwood Road, London, SE7 it comes to around average £262,556 for 1 bedroom property, £271,666 for 2 bedroom, £435,759 for 3 bedroom and £520,564 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 £564 for 1 bedroom to £1,570 for 3 bedroom and £1,700 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,091. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,364 and £1,357 for 3 bedroom. You should be generally be expecting around average £929 rent per month for single bedroom property, £1,364 for 2 bedroom, £1,504 for 3 bedroom and approximately £1,700 for 4 bedroom property in Erwood Road, London, SE7 area.

Popular Houses in Erwood Road, London, SE7

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 Erwood Road, London, SE7

Areas in and around Erwood Road, London, SE7