Average Price for property in Lodge Hill, Welling, DA16 is around £300,096 which varies based on type of property you are interested in and ranges from £402,522 for detached house to around £309,802 for semi-detached. Similarly terraced house is around £224,277 and a flat is worth £203,268. Values have been changing and have risen £3,720 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,274 in last 6 months, £34,407 in last 1 year, £47,749 in last 2 years, £54,484 in last 3 years, £53,470 in last 4 years and £56,847 in last 5 years.
Currently average asking price of a property in Lodge Hill, Welling, DA16 is around £318,367 based on approximately 5 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,023 per month.
Estimated property value in Lodge Hill, Welling, DA16 is £300,096. Average asking price is £318,367 while average price paid is £232,600 which is up by £34,407 and Avg. asking rent £1,023.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 Lodge Hill, Welling, DA16 area. In last 1 year alone average price buyer paid is around £232,600 based on approximately 5 sales in Lodge Hill, Welling, DA16 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £242,950. 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 £232,812 for 16 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £225,880 per sale.