Average Price for property in Palace Road, London, SW2 is around £425,721 which varies based on type of property you are interested in and ranges from £1,586,352 for detached house to around £1,038,930 for semi-detached. Similarly terraced house is around £803,232 and a flat is worth £319,425. Values have been changing and have risen £1,482 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,856 in last 6 months, £45,971 in last 1 year, £86,528 in last 2 years, £113,738 in last 3 years, £126,823 in last 4 years and £126,371 in last 5 years.
Currently average asking price of a property in Palace Road, London, SW2 is around £511,740 based on approximately 19 properties for sale. Same is the case with rental options based on 260 properties up for rent, average asking rent is around £1,686 per month.
Estimated property value in Palace Road, London, SW2 is £425,721. Average asking price is £511,740 while average price paid is £287,083 which is up by £45,971 and Avg. asking rent £1,686.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 Palace Road, London, SW2 area. In last 1 year alone average price buyer paid is around £287,083 based on approximately 19 sales in Palace Road, London, SW2 area alone. If you compare it to last 3 years sales of 60 properties where buyers paid around £282,883. 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 £280,850 for 95 and average amount paid for purchase of approx. 115 properties sold in last 7 years comes to about £269,611 per sale.