Average Price for property in Norway Gate, London, SE16 is around £378,842 e.g. average price for a flat is around 378,842. Values have been changing and have risen £2,535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,766 in last 6 months, £42,984 in last 1 year, £80,994 in last 2 years, £89,096 in last 3 years, £90,434 in last 4 years and £100,120 in last 5 years.
Currently average asking price of a property in Norway Gate, London, SE16 is around £582,204 based on approximately 1 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Norway Gate, London, SE16 is £378,842. Average asking price is £582,204 while average price paid is £355,000 which is up by £42,984 and Avg. asking rent £1,754.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 Norway Gate, London, SE16 area. In last 1 year alone average price buyer paid is around £355,000 based on approximately 1 sales in Norway Gate, London, SE16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £302,500. 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 £276,666 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £264,790 per sale.