Average Price for property in Faringdon Avenue, Bromley, BR2 is around £350,523 which varies based on type of property you are interested in and ranges from £339,252 for semi-detached to around £359,173 for terraced house. Values have been changing and have risen £1,507 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,333 in last 6 months, £30,964 in last 1 year, £59,930 in last 2 years, £65,462 in last 3 years, £64,408 in last 4 years and £72,677 in last 5 years.
Currently average asking price of a property in Faringdon Avenue, Bromley, BR2 is around £876,319 based on approximately 5 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £1,640 per month.
Estimated property value in Faringdon Avenue, Bromley, BR2 is £350,523. Average asking price is £876,319 while average price paid is £326,849 which is up by £30,964 and Avg. asking rent £1,640.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 Faringdon Avenue, Bromley, BR2 area. In last 1 year alone average price buyer paid is around £326,849 based on approximately 5 sales in Faringdon Avenue, Bromley, BR2 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £289,283. 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 £275,120 for 27 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £268,066 per sale.