Grove Park, London, SE5

Street Guide For Grove Park, London, SE5

 
 

Grove Park, London, SE5 Map

Estimated Price: £860,741
Average Asking Price: £636,969
Price change in last one year: £94,494
Average Price Paid: £722,286
Average Rent Rates: £1,618

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

Free House valuation

 

Property Prices Breakdown in Grove Park, London, SE5

Average Price for property in Grove Park, London, SE5 is around £860,741 which varies based on type of property you are interested in and ranges from £1,806,978 for detached house to around £1,325,350 for semi-detached. Similarly terraced house is around £1,135,856 and a flat is worth £467,814. Values have been changing and have risen £9,154 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £26,072 in last 6 months, £94,494 in last 1 year, £184,688 in last 2 years, £220,976 in last 3 years, £215,032 in last 4 years and £242,817 in last 5 years.

Currently average asking price of a property in Grove Park, London, SE5 is around £636,969 based on approximately 10 properties for sale. Same is the case with rental options based on 111 properties up for rent, average asking rent is around £1,618 per month.

Estimated property value in Grove Park, London, SE5 is £860,741. Average asking price is £636,969 while average price paid is £1,079,767 which is up by £94,494 and Avg. asking rent £1,618.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 Grove Park, London, SE5 area. In last 1 year alone average price buyer paid is around £1,079,767 based on approximately 10 sales in Grove Park, London, SE5 area alone. If you compare it to last 3 years sales of 40 properties where buyers paid around £757,404. 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 £722,286 for 53 and average amount paid for purchase of approx. 64 properties sold in last 7 years comes to about £684,940 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 £375,000, £584,988 for a 2 bedroom house, £760,211 for a 3 bedroom house, £1,006,082 for a 4 bedroom house and £1,288,564 for a 5 bedroom house. For a flat similarly the prices varies from £314,331 for a single bedroom to £412,587 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £486,895, £508,745 for a 4 bedroom flat and £799,983 for a 5 bedroom flat. To sum up the asking prices for properties in Grove Park, London, SE5 it comes to around average £316,353 for 1 bedroom property, £422,439 for 2 bedroom, £629,765 for 3 bedroom, £830,551 for 4 bedroom and £1,227,492 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 £1,731 for 2 bedroom to £2,118 for 3 bedroom, £2,773 for 4 bedroom and £3,501 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,255. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,563, £2,037 for 3 bedroom and £2,708 for 4 bedroom. You should be generally be expecting around average £1,254 rent per month for single bedroom property, £1,582 for 2 bedroom, £2,054 for 3 bedroom, £2,741 for 4 bedroom and approximately £3,501 for a 5 bedroom property in Grove Park, London, SE5 area.

Popular Houses in Grove Park, London, SE5

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 Grove Park, London, SE5

Areas in and around Grove Park, London, SE5