Values have been changing and have risen £4,175 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,148 in last 6 months, £31,588 in last 1 year, £43,442 in last 2 years, £52,098 in last 3 years, £50,665 in last 4 years and £52,612 in last 5 years.
Currently average asking price of a property in Murchison Avenue, Bexley, DA5 is around £428,057 based on approximately 8 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,155 per month.
Estimated property value in Murchison Avenue, Bexley, DA5 is £292,859. Average asking price is £428,057 while average price paid is £298,625 which is up by £31,588 and Avg. asking rent £1,155.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 Murchison Avenue, Bexley, DA5 area. In last 1 year alone average price buyer paid is around £298,625 based on approximately 8 sales in Murchison Avenue, Bexley, DA5 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £251,666. 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 £240,276 for 38 and average amount paid for purchase of approx. 49 properties sold in last 7 years comes to about £237,367 per sale.