Average Price for property in Jamaica Road, London, SE16 is around £355,719 which varies based on type of property you are interested in and ranges from £414,595 for terraced house to around £352,880 for a flat. Values have been changing and have risen £2,304 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,059 in last 6 months, £39,067 in last 1 year, £73,609 in last 2 years, £80,973 in last 3 years, £82,189 in last 4 years and £90,993 in last 5 years.
Currently average asking price of a property in Jamaica Road, London, SE16 is around £582,204 based on approximately 21 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Jamaica Road, London, SE16 is £355,719. Average asking price is £582,204 while average price paid is £369,852 which is up by £39,067 and Avg. asking rent £1,754.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 Jamaica Road, London, SE16 area. In last 1 year alone average price buyer paid is around £369,852 based on approximately 21 sales in Jamaica Road, London, SE16 area alone. If you compare it to last 3 years sales of 35 properties where buyers paid around £316,819. 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 £301,101 for 41 and average amount paid for purchase of approx. 47 properties sold in last 7 years comes to about £292,049 per sale.