Values have been changing and have risen £4,832 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,714 in last 6 months, £63,170 in last 1 year, £121,957 in last 2 years, £140,969 in last 3 years, £141,085 in last 4 years and £156,327 in last 5 years.
Currently average asking price of a property in Garthorne Road, London, SE23 is around £527,938 based on approximately 7 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 Garthorne Road, London, SE23 is £548,706. Average asking price is £527,938 while average price paid is £543,157 which is up by £63,170 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 Garthorne Road, London, SE23 area. In last 1 year alone average price buyer paid is around £543,157 based on approximately 7 sales in Garthorne Road, London, SE23 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £485,406. 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 £422,353 for 23 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £381,540 per sale.