Penton Place, London, SE17

Street Guide For Penton Place, London, SE17

 
 

Penton Place, London, SE17 Map

Estimated Price: £462,223
Average Asking Price: £479,939
Price change in last one year: £48,079
Average Price Paid: £333,250
Average Rent Rates: £1,755

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

Free House valuation

 

Property Prices Breakdown in Penton Place, London, SE17

Values have been changing and have risen £5,253 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,380 in last 6 months, £48,079 in last 1 year, £98,826 in last 2 years, £110,650 in last 3 years, £112,860 in last 4 years and £129,900 in last 5 years.

Currently average asking price of a property in Penton Place, London, SE17 is around £479,939 based on approximately 4 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £1,755 per month.

Estimated property value in Penton Place, London, SE17 is £462,223. Average asking price is £479,939 while average price paid is £335,875 which is up by £48,079 and Avg. asking rent £1,755.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 Penton Place, London, SE17 area. In last 1 year alone average price buyer paid is around £335,875 based on approximately 4 sales in Penton Place, London, SE17 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £363,277. 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 £333,250 for 14 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £300,075 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 £595,000, £640,824 for a 3 bedroom house, £728,749 for a 4 bedroom house and £1,083,333 for a 5 bedroom house. For a flat similarly the prices varies from £394,080 for a single bedroom to £507,733 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £369,987 and £592,500 for a 4 bedroom flat. To sum up the asking prices for properties in Penton Place, London, SE17 it comes to around average £394,080 for 1 bedroom property, £508,929 for 2 bedroom, £486,060 for 3 bedroom, £683,332 for 4 bedroom and £1,083,333 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 £1,291 for 1 bedroom to £1,648 for 2 bedrooms, £2,350 for 3 bedrooms, £2,803 for 4 bedrooms and £3,467 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,291. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,737, £2,239 for 3 bedroom and £2,477 for 4 bedroom. You should be generally be expecting around average £1,291 rent per month for single bedroom property, £1,728 for 2 bedroom, £2,302 for 3 bedroom, £2,663 for 4 bedroom and approximately £3,467 for a 5 bedroom property in Penton Place, London, SE17 area.

Popular Houses in Penton Place, London, SE17

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 Penton Place, London, SE17

Areas in and around Penton Place, London, SE17