Mercia Grove, London, SE13

Street Guide For Mercia Grove, London, SE13

 
 

Mercia Grove, London, SE13 Map

Estimated Price: £555,674
Average Asking Price: £365,375
Price change in last one year: £56,799
Average Price Paid: £416,833
Average Rent Rates: £1,397

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Mercia Grove, London, SE13

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.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £350,000, £402,999 for a 2 bedroom house, £508,631 for a 3 bedroom house, £665,353 for a 4 bedroom house and £962,500 for a 5 bedroom house. For a flat similarly the prices varies from £269,371 for a single bedroom to £334,041 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £402,036 and £285,000 for a 4 bedroom flat. To sum up the asking prices for properties in Mercia Grove, London, SE13 it comes to around average £270,557 for 1 bedroom property, £339,149 for 2 bedroom, £473,100 for 3 bedroom, £639,996 for 4 bedroom and £962,500 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £779 for 1 bedroom to £937 for 2 bedroom, £1,675 for 3 bedroom and £2,053 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,181. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,384 and £1,540 for 3 bedroom. You should be generally be expecting around average £1,139 rent per month for single bedroom property, £1,359 for 2 bedroom, £1,637 for 3 bedroom and approximately £2,054 for 4 bedroom property in Mercia Grove, London, SE13 area.

Popular Houses in Mercia Grove, London, SE13

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Transportation in Mercia Grove, London, SE13

Areas in and around Mercia Grove, London, SE13