Hither Green

Area Guide For Hither Green

 Hither Green is a district in South East London, located within the London Borough of Lewisham. Growing extensively with the arrival of the railways, Hither Green is characterised by late 19th and early 20th century Victorian and Edwardian domestic architecture, most notably the Corbett Estate. The railway runs through the centre of the area, with Staplehurst Road and its shopping parade to the east, and Hither Green Lane to the west.

 
 

Hither Green Map

Estimated Price: £422,222
Average Asking Price: £387,586
Price change in last one year: £43,207
Average Price Paid: £310,936
Average Rent Rates: £1,303

 
 

Property Prices Breakdown in Hither Green

Average Price for property in Hither Green is around £422,222 which varies based on type of property you are interested in and ranges from £783,144 for detached house to around £656,740 for semi-detached. Similarly terraced house is around £519,894 and a flat is worth £308,054. Values have been changing and have risen £2,285 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,213 in last 6 months, £43,207 in last 1 year, £92,214 in last 2 years, £104,854 in last 3 years, £102,601 in last 4 years and £116,444 in last 5 years.

Currently average asking price of a property in Hither Green is around £387,586 based on approximately 342 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £1,303 per month.

Estimated property value in Hither Green is £422,222. Average asking price is £387,586 while average price paid is £380,493 which is up by £43,207 and Avg. asking rent £1,303.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 Hither Green area. In last 1 year alone average price buyer paid is around £380,493 based on approximately 342 sales in Hither Green area alone. If you compare it to last 3 years sales of 1,016 properties where buyers paid around £331,026. 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 £310,936 for 1,565 and average amount paid for purchase of approx. 1,951 properties sold in last 7 years comes to about £303,317 per sale.

 
 

Properties For Sale in Hither Green

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £350,000, £406,999 for a 2 bedroom house, £515,353 for a 3 bedroom house, £631,994 for a 4 bedroom house and £962,500 for a 5 bedroom house. For a flat similarly the prices varies from £251,428 for a single bedroom to £303,227 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £333,300 and £285,000 for a 4 bedroom flat. To sum up the asking prices for properties in Hither Green it comes to around average £255,535 for 1 bedroom property, £316,199 for 2 bedroom, £483,226 for 3 bedroom, £600,450 for 4 bedroom and £962,500 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £815 for 1 bedroom to £925 for 2 bedroom, £1,714 for 3 bedroom and £1,849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £958. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,270 and £1,417 for 3 bedroom. You should be generally be expecting around average £931 rent per month for single bedroom property, £1,253 for 2 bedroom, £1,625 for 3 bedroom and approximately £1,849 for 4 bedroom property in Hither Green area.

Popular Houses in Hither Green

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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