Values have been changing and have risen £1,712 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,835 in last 6 months, £22,030 in last 1 year, £40,448 in last 2 years, £43,576 in last 3 years, £43,370 in last 4 years and £47,768 in last 5 years.
Currently average asking price of a property in Palewell Close, St. Pauls Cray, Orpington, BR5 is around £381,897 based on approximately 3 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Palewell Close, St. Pauls Cray, Orpington, BR5 is £250,720. Average asking price is £381,897 while average price paid is £189,833 which is up by £22,030 and Avg. asking rent £1,504.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 Palewell Close, St. Pauls Cray, Orpington, BR5 area. In last 1 year alone average price buyer paid is around £189,833 based on approximately 3 sales in Palewell Close, St. Pauls Cray, Orpington, BR5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £178,414. 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 £176,211 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £175,590 per sale.