Values have been changing and have risen £1,428 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,714 in last 6 months, £26,447 in last 1 year, £50,641 in last 2 years, £57,493 in last 3 years, £58,335 in last 4 years and £64,304 in last 5 years.
Currently average asking price of a property in Orchard Grove, London, SE20 is around £391,164 based on approximately 4 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £1,042 per month.
Estimated property value in Orchard Grove, London, SE20 is £241,094. Average asking price is £391,164 while average price paid is £229,500 which is up by £26,447 and Avg. asking rent £1,042.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 Orchard Grove, London, SE20 area. In last 1 year alone average price buyer paid is around £229,500 based on approximately 4 sales in Orchard Grove, London, SE20 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £172,933. 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 £166,051 for 29 and average amount paid for purchase of approx. 38 properties sold in last 7 years comes to about £165,289 per sale.