Values have been changing and have risen £1,740 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,913 in last 6 months, £22,391 in last 1 year, £41,113 in last 2 years, £44,293 in last 3 years, £44,083 in last 4 years and £48,552 in last 5 years.
Currently average asking price of a property in Meldrum Close, Orpington, BR5 is around £381,897 based on approximately 0 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Meldrum Close, Orpington, BR5 is £254,858. Average asking price is £381,897 while average price paid is £198,800 which is up by £44,293 and Avg. asking rent £1,504.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 Meldrum Close, Orpington, BR5 area. In last 3 years alone average price buyer paid is around £198,800 based on approximately 5 sales in Meldrum Close, Orpington, BR5 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £187,333. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £195,142 for 7 per sale.