Values have been changing and have risen £3,504 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,736 in last 6 months, £59,414 in last 1 year, £111,949 in last 2 years, £123,146 in last 3 years, £124,994 in last 4 years and £138,382 in last 5 years.
Currently average asking price of a property in Farrins Rents, London, SE16 is around £582,204 based on approximately 0 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Farrins Rents, London, SE16 is £526,476. Average asking price is £582,204 while average price paid is £412,500 which is up by £123,146 and Avg. asking rent £1,754.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 Farrins Rents, London, SE16 area. In last 3 years alone average price buyer paid is around £412,500 based on approximately 2 sales in Farrins Rents, London, SE16 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £350,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £359,832 for 6 per sale.