Average Price for property in Somerville Avenue, London, SW13 is around £1,552,600 e.g. average price for a flat is around 1,552,600. Values have been changing and have risen £1,275 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,455 in last 6 months, £163,061 in last 1 year, £286,541 in last 2 years, £399,228 in last 3 years, £436,684 in last 4 years and £439,824 in last 5 years.
Currently average asking price of a property in Somerville Avenue, London, SW13 is around £1,590,112 based on approximately 5 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £2,885 per month.
Estimated property value in Somerville Avenue, London, SW13 is £1,552,600. Average asking price is £1,590,112 while average price paid is £1,124,990 which is up by £163,061 and Avg. asking rent £2,885.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 Somerville Avenue, London, SW13 area. In last 1 year alone average price buyer paid is around £1,124,990 based on approximately 5 sales in Somerville Avenue, London, SW13 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £1,499,370. 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 £1,219,656 for 22 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £1,112,587 per sale.