Values have been changing and have risen £1,877 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,301 in last 6 months, £24,152 in last 1 year, £44,342 in last 2 years, £47,772 in last 3 years, £47,544 in last 4 years and £52,364 in last 5 years.
Currently average asking price of a property in Hodson Crescent, Orpington, BR5 is around £381,897 based on approximately 2 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Hodson Crescent, Orpington, BR5 is £274,853. Average asking price is £381,897 while average price paid is £242,500 which is up by £24,152 and Avg. asking rent £1,504.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 Hodson Crescent, Orpington, BR5 area. In last 1 year alone average price buyer paid is around £242,500 based on approximately 2 sales in Hodson Crescent, Orpington, BR5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £219,333. 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 £206,000 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £194,000 per sale.