Average Price for property in Soho is around £1,060,591 which varies based on type of property you are interested in and ranges from £1,951,489 for detached house to around £2,552,921 for semi-detached. Similarly terraced house is around £2,458,880 and a flat is worth £937,770. Values have been changing and have risen £3,297 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,236 in last 6 months, £58,394 in last 1 year, £186,295 in last 2 years, £275,691 in last 3 years, £294,503 in last 4 years and £314,117 in last 5 years.
Currently average asking price of a property in Soho is around £1,690,372 based on approximately 56 properties for sale. Same is the case with rental options based on 340 properties up for rent, average asking rent is around £3,162 per month.
Estimated property value in Soho is £1,060,591. Average asking price is £1,690,372 while average price paid is £1,124,119 which is up by £58,394 and Avg. asking rent £3,162.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 Soho area. In last 1 year alone average price buyer paid is around £1,124,119 based on approximately 56 sales in Soho area alone. If you compare it to last 3 years sales of 232 properties where buyers paid around £1,062,585. 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 £862,783 for 457 and average amount paid for purchase of approx. 555 properties sold in last 7 years comes to about £826,079 per sale.