Values have been changing and have risen £4,799 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,832 in last 6 months, £54,845 in last 1 year, £100,034 in last 2 years, £116,681 in last 3 years, £115,921 in last 4 years and £124,822 in last 5 years.
Currently average asking price of a property in Lenham Road, London, SE12 is around £412,001 based on approximately 5 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,247 per month.
Estimated property value in Lenham Road, London, SE12 is £468,207. Average asking price is £412,001 while average price paid is £482,300 which is up by £54,845 and Avg. asking rent £1,247.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 Lenham Road, London, SE12 area. In last 1 year alone average price buyer paid is around £482,300 based on approximately 5 sales in Lenham Road, London, SE12 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £371,000. 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 £373,266 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £360,558 per sale.