Values have been changing and have risen £3,217 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,856 in last 6 months, £54,549 in last 1 year, £102,784 in last 2 years, £113,064 in last 3 years, £114,761 in last 4 years and £127,055 in last 5 years.
Currently average asking price of a property in Plough Way, London, SE16 is around £582,204 based on approximately 9 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Plough Way, London, SE16 is £514,604. Average asking price is £582,204 while average price paid is £415,827 which is up by £54,549 and Avg. asking rent £1,754.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 Plough Way, London, SE16 area. In last 1 year alone average price buyer paid is around £415,827 based on approximately 9 sales in Plough Way, London, SE16 area alone. If you compare it to last 3 years sales of 26 properties where buyers paid around £374,097. 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 £351,929 for 42 and average amount paid for purchase of approx. 55 properties sold in last 7 years comes to about £345,682 per sale.