Average Price for property in Gerards Close, London, SE16 is around £343,158 which varies based on type of property you are interested in and ranges from £343,158 for terraced house to around £315,610 for a flat. Values have been changing and have risen £2,296 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,036 in last 6 months, £38,938 in last 1 year, £73,366 in last 2 years, £80,705 in last 3 years, £81,917 in last 4 years and £90,692 in last 5 years.
Currently average asking price of a property in Gerards Close, London, SE16 is around £582,204 based on approximately 1 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Gerards Close, London, SE16 is £343,158. Average asking price is £582,204 while average price paid is £280,000 which is up by £38,938 and Avg. asking rent £1,754.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 Gerards Close, London, SE16 area. In last 1 year alone average price buyer paid is around £280,000 based on approximately 1 sales in Gerards Close, London, SE16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £280,000. 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 £269,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £272,833 per sale.