Values have been changing and have risen £2,032 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,593 in last 6 months, £24,756 in last 1 year, £45,689 in last 2 years, £47,981 in last 3 years, £46,032 in last 4 years and £52,493 in last 5 years.
Currently average asking price of a property in Sermon Drive, Swanley, BR8 is around £320,792 based on approximately 5 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £4,420 per month.
Estimated property value in Sermon Drive, Swanley, BR8 is £260,745. Average asking price is £320,792 while average price paid is £235,400 which is up by £24,756 and Avg. asking rent £4,420.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 Sermon Drive, Swanley, BR8 area. In last 1 year alone average price buyer paid is around £235,400 based on approximately 5 sales in Sermon Drive, Swanley, BR8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £220,625. 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 £211,125 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £207,607 per sale.