Average Price for property in Park Lane, Cheam, Sutton, SM3 is around £436,822 which varies based on type of property you are interested in and ranges from £485,911 for semi-detached to around £355,006 for terraced house. Values have been changing and have risen £5,936 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,739 in last 6 months, £50,129 in last 1 year, £81,731 in last 2 years, £85,962 in last 3 years, £100,034 in last 4 years and £91,046 in last 5 years.
Currently average asking price of a property in Park Lane, Cheam, Sutton, SM3 is around £347,121 based on approximately 1 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £1,473 per month.
Estimated property value in Park Lane, Cheam, Sutton, SM3 is £436,822. Average asking price is £347,121 while average price paid is £325,000 which is up by £50,129 and Avg. asking rent £1,473.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 Park Lane, Cheam, Sutton, SM3 area. In last 1 year alone average price buyer paid is around £325,000 based on approximately 1 sales in Park Lane, Cheam, Sutton, SM3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £402,500. 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 £402,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £401,666 per sale.