Average Price for property in S1 is around £136,733 which varies based on type of property you are interested in and ranges from £211,309 for detached house to around £131,308 for semi-detached. Similarly terraced house is around £105,794 and a flat is worth £138,790. Values have been changing and have risen £229 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £614 in last 6 months, £7,888 in last 1 year, £8,483 in last 2 years, £9,635 in last 3 years, £5,500 in last 4 years and £6,460 in last 5 years.
Currently average asking price of a property in S1 is around £88,496 based on approximately 68 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £2,086 per month.
Estimated property value in S1 is £136,733. Average asking price is £88,496 while average price paid is £118,040 which is up by £7,888 and Avg. asking rent £2,086.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 S1 area. In last 1 year alone average price buyer paid is around £118,040 based on approximately 68 sales in S1 area alone. If you compare it to last 3 years sales of 176 properties where buyers paid around £112,120. 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 £114,202 for 259 and average amount paid for purchase of approx. 421 properties sold in last 7 years comes to about £119,032 per sale.