Mottingham

Area Guide For Mottingham

Mottingham is a district of South East London inside the London Borough of Bromley. Families are attracted to Mottingham for its closeness to Greenwich as well as the Kent countryside. Largely Edwardian and mid-war suburban housing - 4 bedroomed family homes, semi-detached and terraced. Developments of large executive houses can be found heading east to Oxleas. Whilst Victorian housing grace the streets in parts of Mottingham, Woolwich Council, before its merger with Greenwich in the 60's, oversaw the building of Mottingham’s large housing estates, such as Coldharbour to the east of Mottingham Road. More recent developments, however, have been limited to small-scale housing on brown field sites.

 

 
 

Mottingham Map

Estimated Price: £329,859
Average Asking Price: £389,708
Price change in last one year: £38,352
Average Price Paid: £250,246
Average Rent Rates: £1,280

 
 

Property Prices Breakdown in Mottingham

Average Price for property in Mottingham is around £329,859 which varies based on type of property you are interested in and ranges from £780,056 for detached house to around £432,796 for semi-detached. Similarly terraced house is around £283,862 and a flat is worth £226,893. Values have been changing and have risen £3,246 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,052 in last 6 months, £38,352 in last 1 year, £66,390 in last 2 years, £77,570 in last 3 years, £79,718 in last 4 years and £84,864 in last 5 years.

Currently average asking price of a property in Mottingham is around £389,708 based on approximately 150 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £1,280 per month.

Estimated property value in Mottingham is £329,859. Average asking price is £389,708 while average price paid is £286,729 which is up by £38,352 and Avg. asking rent £1,280.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 Mottingham area. In last 1 year alone average price buyer paid is around £286,729 based on approximately 150 sales in Mottingham area alone. If you compare it to last 3 years sales of 428 properties where buyers paid around £265,528. 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 £250,246 for 663 and average amount paid for purchase of approx. 864 properties sold in last 7 years comes to about £241,169 per sale.

 
 

Properties For Sale in Mottingham

 
 

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 2 bedroom is around £272,250, £424,231 for a 3 bedroom house, £718,000 for a 4 bedroom house and £365,000 for a 5 bedroom house. For a flat similarly the prices varies from £167,483 for a single bedroom to £214,999 for a 2 bedroom Flat. To sum up the asking prices for properties in Mottingham it comes to around average £167,483 for 1 bedroom property, £235,818 for 2 bedroom, £424,231 for 3 bedroom, £718,000 for 4 bedroom and £365,000 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 £750 for 1 bedroom to £1,186 for 2 bedroom, £1,427 for 3 bedroom and £2,032 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £1,083. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £1,300. You should be generally be expecting around average £750 rent per month for single bedroom property, £1,142 for 2 bedroom, £1,401 for 3 bedroom and approximately £2,032 for 4 bedroom property in Mottingham area.

Popular Houses in Mottingham

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.

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