Somerhill Avenue, Blackfen, Sidcup, DA15

Street Guide For Somerhill Avenue, Blackfen, Sidcup, DA15

 
 

Somerhill Avenue, Blackfen, Sidcup, DA15 Map

Estimated Price: £478,269
Average Asking Price: £350,374
Price change in last one year: £48,462
Average Price Paid: £391,325
Average Rent Rates: £1,137

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

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Property Prices Breakdown in Somerhill Avenue, Blackfen, Sidcup, DA15

Average Price for property in Somerhill Avenue, Blackfen, Sidcup, DA15 is around £478,269 which varies based on type of property you are interested in and ranges from £480,390 for semi-detached to around £433,707 for terraced house. Values have been changing and have risen £6,345 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,820 in last 6 months, £48,462 in last 1 year, £72,176 in last 2 years, £83,469 in last 3 years, £81,079 in last 4 years and £86,589 in last 5 years.

Currently average asking price of a property in Somerhill Avenue, Blackfen, Sidcup, DA15 is around £350,374 based on approximately 3 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,137 per month.

Estimated property value in Somerhill Avenue, Blackfen, Sidcup, DA15 is £478,269. Average asking price is £350,374 while average price paid is £401,650 which is up by £48,462 and Avg. asking rent £1,137.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 Somerhill Avenue, Blackfen, Sidcup, DA15 area. In last 1 year alone average price buyer paid is around £401,650 based on approximately 3 sales in Somerhill Avenue, Blackfen, Sidcup, DA15 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £396,237. 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 £391,325 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £391,325 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £215,000, £283,324 for a 2 bedroom house, £319,561 for a 3 bedroom house, £458,379 for a 4 bedroom house and £515,700 for a 5 bedroom house. For a flat similarly the prices varies from £154,242 for a single bedroom to £189,499 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £217,498. To sum up the asking prices for properties in Somerhill Avenue, Blackfen, Sidcup, DA15 it comes to around average £158,915 for 1 bedroom property, £240,676 for 2 bedroom, £308,221 for 3 bedroom, £458,379 for 4 bedroom and £515,700 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £351 for 1 bedroom to £1,189 for 2 bedrooms, £1,274 for 3 bedrooms, £2,301 for 4 bedrooms and £1,950 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £585. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £826. You should be generally be expecting around average £538 rent per month for single bedroom property, £1,085 for 2 bedroom, £1,274 for 3 bedroom, £2,301 for 4 bedroom and approximately £1,950 for a 5 bedroom property in Somerhill Avenue, Blackfen, Sidcup, DA15 area.

Popular Houses in Somerhill Avenue, Blackfen, Sidcup, DA15

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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