Values have been changing and have risen £1,707 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,296 in last 6 months, £23,616 in last 1 year, £47,971 in last 2 years, £57,649 in last 3 years, £60,319 in last 4 years and £67,686 in last 5 years.
Currently average asking price of a property in Federation Road, London, SE2 is around £261,791 based on approximately 4 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £974 per month.
Estimated property value in Federation Road, London, SE2 is £265,184. Average asking price is £261,791 while average price paid is £266,000 which is up by £23,616 and Avg. asking rent £974.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 Federation Road, London, SE2 area. In last 1 year alone average price buyer paid is around £266,000 based on approximately 4 sales in Federation Road, London, SE2 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £239,875. 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 £239,875 for 8 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £214,656 per sale.