Values have been changing and have risen £3,939 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,070 in last 6 months, £66,800 in last 1 year, £125,865 in last 2 years, £138,454 in last 3 years, £140,531 in last 4 years and £155,584 in last 5 years.
Currently average asking price of a property in Rotherhithe Street, London, SE16 is around £582,204 based on approximately 79 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 Street, London, SE16 is £587,193. Average asking price is £582,204 while average price paid is £502,285 which is up by £66,800 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 Street, London, SE16 area. In last 1 year alone average price buyer paid is around £502,285 based on approximately 79 sales in Rotherhithe Street, London, SE16 area alone. If you compare it to last 3 years sales of 220 properties where buyers paid around £450,053. 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 £427,298 for 329 and average amount paid for purchase of approx. 396 properties sold in last 7 years comes to about £417,638 per sale.