Average Price for property in Petts Wood Road, Petts Wood, Orpington, BR5 is around £576,398 which varies based on type of property you are interested in and ranges from £684,623 for detached house to around £572,952 for semi-detached. Similarly terraced house is around £461,371 and a flat is worth £256,507. Values have been changing and have risen £4,221 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,922 in last 6 months, £54,342 in last 1 year, £99,776 in last 2 years, £107,487 in last 3 years, £106,968 in last 4 years and £117,807 in last 5 years.
Currently average asking price of a property in Petts Wood Road, Petts Wood, Orpington, BR5 is around £381,897 based on approximately 5 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 Petts Wood Road, Petts Wood, Orpington, BR5 is £576,398. Average asking price is £381,897 while average price paid is £560,000 which is up by £54,342 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 Petts Wood Road, Petts Wood, Orpington, BR5 area. In last 1 year alone average price buyer paid is around £560,000 based on approximately 5 sales in Petts Wood Road, Petts Wood, Orpington, BR5 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £518,759. 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 £466,310 for 40 and average amount paid for purchase of approx. 54 properties sold in last 7 years comes to about £463,414 per sale.