Forest Hill Road, London, SE23

Street Guide For Forest Hill Road, London, SE23

 
 

Forest Hill Road, London, SE23 Map

Estimated Price: £619,111
Average Asking Price: £527,938
Price change in last one year: £71,275
Average Price Paid: £414,375
Average Rent Rates: £1,334

Bryan & Keegan
360 Brockley Road, Brockley

Free House valuation

 

Property Prices Breakdown in Forest Hill Road, London, SE23

Average Price for property in Forest Hill Road, London, SE23 is around £619,111 which varies based on type of property you are interested in and ranges from £825,482 for detached house to around £814,704 for semi-detached. Similarly terraced house is around £863,372 and a flat is worth £352,002. Values have been changing and have risen £5,451 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,601 in last 6 months, £71,275 in last 1 year, £137,604 in last 2 years, £159,054 in last 3 years, £159,186 in last 4 years and £176,385 in last 5 years.

Currently average asking price of a property in Forest Hill 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 Forest Hill Road, London, SE23 is £619,111. Average asking price is £527,938 while average price paid is £335,000 which is up by £71,275 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 Forest Hill Road, London, SE23 area. In last 1 year alone average price buyer paid is around £335,000 based on approximately 1 sales in Forest Hill Road, London, SE23 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £477,250. 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 £414,375 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £375,666 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £275,000, £419,000 for a 2 bedroom house, £560,935 for a 3 bedroom house, £788,428 for a 4 bedroom house and £918,807 for a 5 bedroom house. For a flat similarly the prices varies from £268,183 for a single bedroom to £359,186 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £363,061. To sum up the asking prices for properties in Forest Hill Road, London, SE23 it comes to around average £268,436 for 1 bedroom property, £364,433 for 2 bedroom, £505,014 for 3 bedroom, £788,428 for 4 bedroom and £918,807 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £661 for 1 bedroom to £1,922 for 3 bedroom and £2,249 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,031. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,361 and £1,783 for 3 bedroom. You should be generally be expecting around average £1,001 rent per month for single bedroom property, £1,361 for 2 bedroom, £1,863 for 3 bedroom and approximately £2,249 for 5 bedroom property in Forest Hill Road, London, SE23 area.

Popular Houses in Forest Hill Road, London, SE23

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Transportation in Forest Hill Road, London, SE23

Areas in and around Forest Hill Road, London, SE23