Values have been changing and have risen £3,787 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,531 in last 6 months, £49,503 in last 1 year, £95,570 in last 2 years, £110,469 in last 3 years, £110,562 in last 4 years and £122,506 in last 5 years.
Currently average asking price of a property in Farren Road, London, SE23 is around £527,938 based on approximately 2 properties for sale. Same is the case with rental options based on 103 properties up for rent, average asking rent is around £1,334 per month.
Estimated property value in Farren Road, London, SE23 is £432,165. Average asking price is £527,938 while average price paid is £455,025 which is up by £49,503 and Avg. asking rent £1,334.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 Farren Road, London, SE23 area. In last 1 year alone average price buyer paid is around £455,025 based on approximately 2 sales in Farren Road, London, SE23 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £345,625. 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 £310,857 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £292,994 per sale.