Average Price for property in Mercia Grove, London, SE13 is around £555,674 e.g. average price for terraced house is around 555,674. Values have been changing and have risen £3,003 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,166 in last 6 months, £56,799 in last 1 year, £121,227 in last 2 years, £137,840 in last 3 years, £134,874 in last 4 years and £153,071 in last 5 years.
Currently average asking price of a property in Mercia Grove, London, SE13 is around £365,375 based on approximately 1 properties for sale. Same is the case with rental options based on 185 properties up for rent, average asking rent is around £1,397 per month.
Estimated property value in Mercia Grove, London, SE13 is £555,674. Average asking price is £365,375 while average price paid is £561,000 which is up by £56,799 and Avg. asking rent £1,397.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 Mercia Grove, London, SE13 area. In last 1 year alone average price buyer paid is around £561,000 based on approximately 1 sales in Mercia Grove, London, SE13 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £424,200. 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 £416,833 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £393,000 per sale.