Average Price for property in Madeira Avenue, Bromley, BR1 is around £517,542 which varies based on type of property you are interested in and ranges from £698,062 for detached house to around £559,762 for semi-detached. Similarly terraced house is around £510,179 and a flat is worth £272,153. Values have been changing and have risen £4,248 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,100 in last 6 months, £48,006 in last 1 year, £94,517 in last 2 years, £101,866 in last 3 years, £98,107 in last 4 years and £109,168 in last 5 years.
Currently average asking price of a property in Madeira Avenue, Bromley, BR1 is around £602,737 based on approximately 9 properties for sale. Same is the case with rental options based on 108 properties up for rent, average asking rent is around £1,357 per month.
Estimated property value in Madeira Avenue, Bromley, BR1 is £517,542. Average asking price is £602,737 while average price paid is £399,144 which is up by £48,006 and Avg. asking rent £1,357.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 Madeira Avenue, Bromley, BR1 area. In last 1 year alone average price buyer paid is around £399,144 based on approximately 9 sales in Madeira Avenue, Bromley, BR1 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £360,534. 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 £369,762 for 35 and average amount paid for purchase of approx. 41 properties sold in last 7 years comes to about £359,240 per sale.