Average Price for property in Rotherhithe New Road, London, SE16 is around £276,429 which varies based on type of property you are interested in and ranges from £412,749 for terraced house to around £247,068 for a flat. Values have been changing and have risen £1,807 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,535 in last 6 months, £30,627 in last 1 year, £57,708 in last 2 years, £63,484 in last 3 years, £64,439 in last 4 years and £71,343 in last 5 years.
Currently average asking price of a property in Rotherhithe New Road, London, SE16 is around £582,204 based on approximately 5 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 Rotherhithe New Road, London, SE16 is £276,429. Average asking price is £582,204 while average price paid is £210,400 which is up by £30,627 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 Rotherhithe New Road, London, SE16 area. In last 1 year alone average price buyer paid is around £210,400 based on approximately 5 sales in Rotherhithe New Road, London, SE16 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £223,699. 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 £202,296 for 32 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £193,534 per sale.