Oakbank Grove, London, SE24

Street Guide For Oakbank Grove, London, SE24

 
 

Oakbank Grove, London, SE24 Map

Estimated Price: £448,315
Average Asking Price: £668,399
Price change in last one year: £51,315
Average Price Paid: £305,935
Average Rent Rates: £2,020

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

Free House valuation

 

Property Prices Breakdown in Oakbank Grove, London, SE24

Values have been changing and have risen £4,415 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,116 in last 6 months, £51,315 in last 1 year, £97,244 in last 2 years, £112,798 in last 3 years, £116,330 in last 4 years and £128,155 in last 5 years.

Currently average asking price of a property in Oakbank Grove, London, SE24 is around £668,399 based on approximately 0 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £2,020 per month.

Estimated property value in Oakbank Grove, London, SE24 is £448,315. Average asking price is £668,399 while average price paid is £339,250 which is up by £112,798 and Avg. asking rent £2,020.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 Oakbank Grove, London, SE24 area. In last 3 years alone average price buyer paid is around £339,250 based on approximately 4 sales in Oakbank Grove, London, SE24 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £305,935. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £293,172 for 9 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 £588,400, £813,926 for a 3 bedroom house, £1,093,333 for a 4 bedroom house and £1,343,328 for a 5 bedroom house. For a flat similarly the prices varies from £339,678 for a single bedroom to £488,135 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £577,980 and £649,975 for a 4 bedroom flat. To sum up the asking prices for properties in Oakbank Grove, London, SE24 it comes to around average £339,678 for 1 bedroom property, £501,328 for 2 bedroom, £726,539 for 3 bedroom, £982,494 for 4 bedroom and £1,343,328 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 £833 for 1 bedroom to £1,993 for 2 bedrooms, £2,342 for 3 bedrooms, £3,337 for 4 bedrooms and £4,216 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,214. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,656 and £1,968 for 3 bedroom. You should be generally be expecting around average £1,132 rent per month for single bedroom property, £1,672 for 2 bedroom, £2,104 for 3 bedroom, £3,337 for 4 bedroom and approximately £4,216 for a 5 bedroom property in Oakbank Grove, London, SE24 area.

Popular Houses in Oakbank Grove, London, SE24

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 Oakbank Grove, London, SE24

Areas in and around Oakbank Grove, London, SE24