Lancaster Avenue, London, SE27

Street Guide For Lancaster Avenue, London, SE27

 
 

Lancaster Avenue, London, SE27 Map

Estimated Price: £807,958
Average Asking Price: £506,152
Price change in last one year: £103,872
Average Price Paid: £622,908
Average Rent Rates: £1,601

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Lancaster Avenue, London, SE27

Average Price for property in Lancaster Avenue, London, SE27 is around £807,958 which varies based on type of property you are interested in and ranges from £1,510,601 for detached house to around £1,184,010 for semi-detached. Similarly terraced house is around £1,025,527 and a flat is worth £431,747. Values have been changing and have risen £9,448 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £27,502 in last 6 months, £103,872 in last 1 year, £183,616 in last 2 years, £209,465 in last 3 years, £213,924 in last 4 years and £230,381 in last 5 years.

Currently average asking price of a property in Lancaster Avenue, London, SE27 is around £506,152 based on approximately 2 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £1,601 per month.

Estimated property value in Lancaster Avenue, London, SE27 is £807,958. Average asking price is £506,152 while average price paid is £329,250 which is up by £103,872 and Avg. asking rent £1,601.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 Lancaster Avenue, London, SE27 area. In last 1 year alone average price buyer paid is around £329,250 based on approximately 2 sales in Lancaster Avenue, London, SE27 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £666,765. 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 £622,908 for 20 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £580,014 per sale.

 
 
 
 

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 £485,522, £555,728 for a 3 bedroom house, £694,271 for a 4 bedroom house and £949,971 for a 5 bedroom house. For a flat similarly the prices varies from £291,089 for a single bedroom to £353,296 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £446,475, £600,000 for a 4 bedroom flat and £950,000 for a 5 bedroom flat. To sum up the asking prices for properties in Lancaster Avenue, London, SE27 it comes to around average £291,089 for 1 bedroom property, £376,630 for 2 bedroom, £526,200 for 3 bedroom, £673,322 for 4 bedroom and £949,975 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 £550 for 1 bedroom to £1,351 for 2 bedrooms, £1,616 for 3 bedrooms, £2,984 for 4 bedrooms and £2,700 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,085. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,394 and £1,782 for 3 bedroom. You should be generally be expecting around average £1,032 rent per month for single bedroom property, £1,390 for 2 bedroom, £1,727 for 3 bedroom, £2,984 for 4 bedroom and approximately £2,700 for a 5 bedroom property in Lancaster Avenue, London, SE27 area.

Popular Houses in Lancaster Avenue, London, SE27

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.

Transportation in Lancaster Avenue, London, SE27

Areas in and around Lancaster Avenue, London, SE27