Values have been changing and have risen £1,674 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,728 in last 6 months, £21,549 in last 1 year, £39,566 in last 2 years, £42,626 in last 3 years, £42,423 in last 4 years and £46,725 in last 5 years.
Currently average asking price of a property in Ravenscourt Road, St. Pauls Cray, Orpington, BR5 is around £381,897 based on approximately 4 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 Ravenscourt Road, St. Pauls Cray, Orpington, BR5 is £245,272. Average asking price is £381,897 while average price paid is £143,250 which is up by £21,549 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 Ravenscourt Road, St. Pauls Cray, Orpington, BR5 area. In last 1 year alone average price buyer paid is around £143,250 based on approximately 4 sales in Ravenscourt Road, St. Pauls Cray, Orpington, BR5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £147,600. 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 £144,500 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £143,818 per sale.