Values have been changing and have risen £3,357 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,901 in last 6 months, £38,559 in last 1 year, £68,282 in last 2 years, £75,817 in last 3 years, £74,988 in last 4 years and £84,371 in last 5 years.
Currently average asking price of a property in Miles Drive, London, SE28 is around £218,708 based on approximately 3 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £1,177 per month.
Estimated property value in Miles Drive, London, SE28 is £336,780. Average asking price is £218,708 while average price paid is £189,665 which is up by £38,559 and Avg. asking rent £1,177.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 Miles Drive, London, SE28 area. In last 1 year alone average price buyer paid is around £189,665 based on approximately 3 sales in Miles Drive, London, SE28 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £189,665. 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 £175,998 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £178,599 per sale.