Values have been changing and have risen £1,833 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,208 in last 6 months, £23,991 in last 1 year, £39,542 in last 2 years, £43,316 in last 3 years, £44,193 in last 4 years and £44,283 in last 5 years.
Currently average asking price of a property in Heath Way, Erith, DA8 is around £247,074 based on approximately 3 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Heath Way, Erith, DA8 is £283,928. Average asking price is £247,074 while average price paid is £223,666 which is up by £23,991 and Avg. asking rent £980.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 Heath Way, Erith, DA8 area. In last 1 year alone average price buyer paid is around £223,666 based on approximately 3 sales in Heath Way, Erith, DA8 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £211,375. 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 £206,729 for 12 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £202,763 per sale.