Values have been changing and have risen £1,503 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,090 in last 6 months, £19,670 in last 1 year, £32,424 in last 2 years, £35,518 in last 3 years, £36,237 in last 4 years and £36,312 in last 5 years.
Currently average asking price of a property in Ranworth Close, Erith, DA8 is around £247,074 based on approximately 4 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Ranworth Close, Erith, DA8 is £228,688. Average asking price is £247,074 while average price paid is £192,998 which is up by £19,670 and Avg. asking rent £980.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 Ranworth Close, Erith, DA8 area. In last 1 year alone average price buyer paid is around £192,998 based on approximately 4 sales in Ranworth Close, Erith, DA8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £192,998. 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 £182,082 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £179,142 per sale.