Average Price for property in Lower Road, London, SE16 is around £412,319 which varies based on type of property you are interested in and ranges from £648,371 for detached house to around £462,284 for semi-detached. Similarly terraced house is around £542,009 and a flat is worth £362,222. Values have been changing and have risen £2,759 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,454 in last 6 months, £46,784 in last 1 year, £88,151 in last 2 years, £96,969 in last 3 years, £98,426 in last 4 years and £108,970 in last 5 years.
Currently average asking price of a property in Lower Road, London, SE16 is around £582,204 based on approximately 3 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 Lower Road, London, SE16 is £412,319. Average asking price is £582,204 while average price paid is £308,666 which is up by £46,784 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 Lower Road, London, SE16 area. In last 1 year alone average price buyer paid is around £308,666 based on approximately 3 sales in Lower Road, London, SE16 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £325,125. 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 £304,857 for 14 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £289,611 per sale.