Average Price for property in Merton Gardens, Petts Wood, Orpington, BR5 is around £500,076 which varies based on type of property you are interested in and ranges from £538,512 for detached house to around £485,292 for semi-detached. Values have been changing and have risen £3,663 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,345 in last 6 months, £47,149 in last 1 year, £86,569 in last 2 years, £93,259 in last 3 years, £92,809 in last 4 years and £102,215 in last 5 years.
Currently average asking price of a property in Merton Gardens, Petts Wood, 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 Merton Gardens, Petts Wood, Orpington, BR5 is £500,076. Average asking price is £381,897 while average price paid is £358,736 which is up by £93,259 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 Merton Gardens, Petts Wood, Orpington, BR5 area. In last 3 years alone average price buyer paid is around £358,736 based on approximately 8 sales in Merton Gardens, Petts Wood, Orpington, BR5 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £348,877. 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 £344,535 for 11 per sale.