Frankfurt Road, London, SE24

Street Guide For Frankfurt Road, London, SE24

 
 

Frankfurt Road, London, SE24 Map

Estimated Price: £928,502
Average Asking Price: £668,399
Price change in last one year: £106,270
Average Price Paid: £719,698
Average Rent Rates: £2,020

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Frankfurt Road, London, SE24

Values have been changing and have risen £9,142 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £25,089 in last 6 months, £106,270 in last 1 year, £201,390 in last 2 years, £233,596 in last 3 years, £240,906 in last 4 years and £265,391 in last 5 years.

Currently average asking price of a property in Frankfurt Road, London, SE24 is around £668,399 based on approximately 4 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £2,020 per month.

Estimated property value in Frankfurt Road, London, SE24 is £928,502. Average asking price is £668,399 while average price paid is £780,312 which is up by £106,270 and Avg. asking rent £2,020.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 Frankfurt Road, London, SE24 area. In last 1 year alone average price buyer paid is around £780,312 based on approximately 4 sales in Frankfurt Road, London, SE24 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £808,529. 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 £719,698 for 23 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £705,310 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 2 bedroom is around £588,400, £813,926 for a 3 bedroom house, £1,093,333 for a 4 bedroom house and £1,343,328 for a 5 bedroom house. For a flat similarly the prices varies from £339,678 for a single bedroom to £488,135 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £577,980 and £649,975 for a 4 bedroom flat. To sum up the asking prices for properties in Frankfurt Road, London, SE24 it comes to around average £339,678 for 1 bedroom property, £501,328 for 2 bedroom, £726,539 for 3 bedroom, £982,494 for 4 bedroom and £1,343,328 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 £833 for 1 bedroom to £1,993 for 2 bedrooms, £2,342 for 3 bedrooms, £3,337 for 4 bedrooms and £4,216 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,214. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,656 and £1,968 for 3 bedroom. You should be generally be expecting around average £1,132 rent per month for single bedroom property, £1,672 for 2 bedroom, £2,104 for 3 bedroom, £3,337 for 4 bedroom and approximately £4,216 for a 5 bedroom property in Frankfurt Road, London, SE24 area.

Popular Houses in Frankfurt Road, London, SE24

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 Frankfurt Road, London, SE24

Areas in and around Frankfurt Road, London, SE24