Values have been changing and have risen £3,484 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,610 in last 6 months, £45,551 in last 1 year, £87,941 in last 2 years, £101,649 in last 3 years, £101,736 in last 4 years and £112,727 in last 5 years.
Currently average asking price of a property in London Road, London, SE23 is around £527,938 based on approximately 12 properties for sale. Same is the case with rental options based on 103 properties up for rent, average asking rent is around £1,334 per month.
Estimated property value in London Road, London, SE23 is £411,025. Average asking price is £527,938 while average price paid is £395,791 which is up by £45,551 and Avg. asking rent £1,334.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 London Road, London, SE23 area. In last 1 year alone average price buyer paid is around £395,791 based on approximately 12 sales in London Road, London, SE23 area alone. If you compare it to last 3 years sales of 29 properties where buyers paid around £328,362. 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 £297,800 for 40 and average amount paid for purchase of approx. 51 properties sold in last 7 years comes to about £282,833 per sale.