Values have been changing and have risen £4,060 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,365 in last 6 months, £53,088 in last 1 year, £102,495 in last 2 years, £118,474 in last 3 years, £118,573 in last 4 years and £131,383 in last 5 years.
Currently average asking price of a property in Fermor Road, London, SE23 is around £527,938 based on approximately 1 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 Fermor Road, London, SE23 is £494,098. Average asking price is £527,938 while average price paid is £420,000 which is up by £53,088 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 Fermor Road, London, SE23 area. In last 1 year alone average price buyer paid is around £420,000 based on approximately 1 sales in Fermor Road, London, SE23 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £424,200. 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 £408,000 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £408,000 per sale.