Values have been changing and have risen £3,628 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,996 in last 6 months, £33,558 in last 1 year, £46,573 in last 2 years, £53,146 in last 3 years, £52,157 in last 4 years and £55,449 in last 5 years.
Currently average asking price of a property in Montrose Avenue, Welling, DA16 is around £318,367 based on approximately 7 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,023 per month.
Estimated property value in Montrose Avenue, Welling, DA16 is £298,025. Average asking price is £318,367 while average price paid is £278,570 which is up by £33,558 and Avg. asking rent £1,023.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 Montrose Avenue, Welling, DA16 area. In last 1 year alone average price buyer paid is around £278,570 based on approximately 7 sales in Montrose Avenue, Welling, DA16 area alone. If you compare it to last 3 years sales of 30 properties where buyers paid around £245,133. 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 £236,176 for 51 and average amount paid for purchase of approx. 64 properties sold in last 7 years comes to about £231,421 per sale.