Values have been changing and have risen £1,697 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,793 in last 6 months, £21,843 in last 1 year, £40,107 in last 2 years, £43,209 in last 3 years, £43,003 in last 4 years and £47,363 in last 5 years.
Currently average asking price of a property in Petersham Drive, Orpington, BR5 is around £381,897 based on approximately 6 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 Petersham Drive, Orpington, BR5 is £248,608. Average asking price is £381,897 while average price paid is £192,933 which is up by £21,843 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 Petersham Drive, Orpington, BR5 area. In last 1 year alone average price buyer paid is around £192,933 based on approximately 6 sales in Petersham Drive, Orpington, BR5 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £177,977. 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 £182,254 for 22 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £175,238 per sale.