Average Price for property in Michael Road, London, SE25 is around £336,642 which varies based on type of property you are interested in and ranges from £349,118 for semi-detached to around £335,541 for terraced house. Values have been changing and have risen £3,435 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,171 in last 6 months, £36,875 in last 1 year, £71,146 in last 2 years, £84,609 in last 3 years, £82,135 in last 4 years and £89,659 in last 5 years.
Currently average asking price of a property in Michael Road, London, SE25 is around £309,822 based on approximately 4 properties for sale. Same is the case with rental options based on 108 properties up for rent, average asking rent is around £1,114 per month.
Estimated property value in Michael Road, London, SE25 is £336,642. Average asking price is £309,822 while average price paid is £283,125 which is up by £36,875 and Avg. asking rent £1,114.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 Michael Road, London, SE25 area. In last 1 year alone average price buyer paid is around £283,125 based on approximately 4 sales in Michael Road, London, SE25 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £250,950. 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 £245,208 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £244,233 per sale.