Values have been changing and have risen £1,991 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,413 in last 6 months, £37,644 in last 1 year, £80,345 in last 2 years, £91,356 in last 3 years, £89,393 in last 4 years and £101,454 in last 5 years.
Currently average asking price of a property in George Lane, London, SE13 is around £365,375 based on approximately 7 properties for sale. Same is the case with rental options based on 185 properties up for rent, average asking rent is around £1,397 per month.
Estimated property value in George Lane, London, SE13 is £368,406. Average asking price is £365,375 while average price paid is £323,142 which is up by £37,644 and Avg. asking rent £1,397.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 George Lane, London, SE13 area. In last 1 year alone average price buyer paid is around £323,142 based on approximately 7 sales in George Lane, London, SE13 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £280,810. 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 £257,203 for 33 and average amount paid for purchase of approx. 45 properties sold in last 7 years comes to about £255,904 per sale.