Mottingham Lane, London, SE9

Street Guide For Mottingham Lane, London, SE9

 
 

Mottingham Lane, London, SE9 Map

Estimated Price: £657,605
Average Asking Price: £464,966
Price change in last one year: £76,703
Average Price Paid: £520,387
Average Rent Rates: £1,154

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Mottingham Lane, London, SE9

Average Price for property in Mottingham Lane, London, SE9 is around £657,605 which varies based on type of property you are interested in and ranges from £1,025,822 for detached house to around £660,177 for semi-detached. Similarly terraced house is around £547,820 and a flat is worth £236,060. Values have been changing and have risen £6,492 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,103 in last 6 months, £76,703 in last 1 year, £132,774 in last 2 years, £155,127 in last 3 years, £159,418 in last 4 years and £169,706 in last 5 years.

Currently average asking price of a property in Mottingham Lane, London, SE9 is around £464,966 based on approximately 3 properties for sale. Same is the case with rental options based on 104 properties up for rent, average asking rent is around £1,154 per month.

Estimated property value in Mottingham Lane, London, SE9 is £657,605. Average asking price is £464,966 while average price paid is £537,166 which is up by £76,703 and Avg. asking rent £1,154.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 Lane, London, SE9 area. In last 1 year alone average price buyer paid is around £537,166 based on approximately 3 sales in Mottingham Lane, London, SE9 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £578,354. 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 £520,387 for 20 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £504,670 per sale.

 
 
 
 

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 £275,666, £397,975 for a 3 bedroom house, £567,598 for a 4 bedroom house and £749,286 for a 5 bedroom house. For a flat similarly the prices varies from £215,685 for a single bedroom to £284,782 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £278,000. To sum up the asking prices for properties in Mottingham Lane, London, SE9 it comes to around average £215,685 for 1 bedroom property, £283,262 for 2 bedroom, £389,153 for 3 bedroom, £567,598 for 4 bedroom and £749,286 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 £754 for 1 bedroom to £1,184 for 2 bedroom, £1,392 for 3 bedroom and £1,935 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £935. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,249 and £1,586 for 3 bedroom. You should be generally be expecting around average £850 rent per month for single bedroom property, £1,230 for 2 bedroom, £1,437 for 3 bedroom and approximately £1,935 for 4 bedroom property in Mottingham Lane, London, SE9 area.

Popular Houses in Mottingham Lane, London, SE9

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.

Transportation in Mottingham Lane, London, SE9

Areas in and around Mottingham Lane, London, SE9