Average Price for property in Sophia Square, London, SE16 is around £454,663 which varies based on type of property you are interested in and ranges from £570,516 for detached house to around £582,415 for semi-detached. Similarly terraced house is around £549,574 and a flat is worth £422,922. Values have been changing and have risen £3,050 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,346 in last 6 months, £51,725 in last 1 year, £97,461 in last 2 years, £107,209 in last 3 years, £108,819 in last 4 years and £120,476 in last 5 years.
Currently average asking price of a property in Sophia Square, London, SE16 is around £582,204 based on approximately 2 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Sophia Square, London, SE16 is £454,663. Average asking price is £582,204 while average price paid is £352,500 which is up by £51,725 and Avg. asking rent £1,754.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 Sophia Square, London, SE16 area. In last 1 year alone average price buyer paid is around £352,500 based on approximately 2 sales in Sophia Square, London, SE16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £352,500. 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 £362,500 for 4 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £322,186 per sale.