Avery Hill

Area Guide For Avery Hill

Avery Hill is a small area located in the London Borough of Greenwich. It is the location of Avery Hill House, a palatial dwelling built by John Thomas North who had made his fortune in the sodium nitrate trade. Throughout the 20th century much of the surrounding area was built over for housing and a local secondary school

 
 

Avery Hill Map

Estimated Price: £378,479
Average Asking Price: £360,872
Price change in last one year: £44,959
Average Price Paid: £268,924
Average Rent Rates: £980

 
 

Property Prices Breakdown in Avery Hill

Average Price for property in Avery Hill is around £378,479 which varies based on type of property you are interested in and ranges from £603,337 for detached house to around £449,579 for semi-detached. Similarly terraced house is around £333,112 and a flat is worth £217,595. Values have been changing and have risen £3,806 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,784 in last 6 months, £44,959 in last 1 year, £77,828 in last 2 years, £90,933 in last 3 years, £93,451 in last 4 years and £99,485 in last 5 years.

Currently average asking price of a property in Avery Hill is around £360,872 based on approximately 135 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £980 per month.

Estimated property value in Avery Hill is £378,479. Average asking price is £360,872 while average price paid is £310,270 which is up by £44,959 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 Avery Hill area. In last 1 year alone average price buyer paid is around £310,270 based on approximately 135 sales in Avery Hill area alone. If you compare it to last 3 years sales of 367 properties where buyers paid around £282,621. 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 £268,924 for 583 and average amount paid for purchase of approx. 742 properties sold in last 7 years comes to about £262,343 per sale.

 
 

Properties For Sale in Avery Hill

 
 

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 2 bedroom is around £315,000, £435,999 for a 3 bedroom house, £482,475 for a 4 bedroom house and £800,000 for a 5 bedroom house. For a flat similarly the prices varies from £158,750 for a single bedroom to £206,250 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £215,000. To sum up the asking prices for properties in Avery Hill it comes to around average £158,750 for 1 bedroom property, £228,000 for 2 bedroom, £372,856 for 3 bedroom, £482,475 for 4 bedroom and £800,000 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 £1,123 for 1 bedroom to £1,434 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £742. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,151. You should be generally be expecting around average £916 rent per month for single bedroom property, £1,150 for 2 bedroom and approximately £1,434 for 3 bedroom property in Avery Hill area.

Popular Houses in Avery Hill

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.

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