Average Price for property in Herne Hill, London, SE24 is around £610,043 which varies based on type of property you are interested in and ranges from £1,437,398 for detached house to around £1,573,000 for semi-detached. Similarly terraced house is around £806,587 and a flat is worth £414,611. Values have been changing and have risen £6,008 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,486 in last 6 months, £69,823 in last 1 year, £132,322 in last 2 years, £153,485 in last 3 years, £158,289 in last 4 years and £174,377 in last 5 years.
Currently average asking price of a property in Herne Hill, London, SE24 is around £668,399 based on approximately 8 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £2,020 per month.
Estimated property value in Herne Hill, London, SE24 is £610,043. Average asking price is £668,399 while average price paid is £351,493 which is up by £69,823 and Avg. asking rent £2,020.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 Herne Hill, London, SE24 area. In last 1 year alone average price buyer paid is around £351,493 based on approximately 8 sales in Herne Hill, London, SE24 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £519,635. 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 £441,324 for 43 and average amount paid for purchase of approx. 53 properties sold in last 7 years comes to about £431,819 per sale.