Average Price for property in South Bermondsey is around £350,682 which varies based on type of property you are interested in and ranges from £527,130 for detached house to around £518,765 for semi-detached. Similarly terraced house is around £453,330 and a flat is worth £316,989. Values have been changing and have risen £2,303 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,056 in last 6 months, £39,047 in last 1 year, £73,572 in last 2 years, £80,932 in last 3 years, £82,150 in last 4 years and £90,950 in last 5 years.
Currently average asking price of a property in South Bermondsey is around £470,639 based on approximately 175 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £1,377 per month.
Estimated property value in South Bermondsey is £350,682. Average asking price is £470,639 while average price paid is £369,365 which is up by £39,047 and Avg. asking rent £1,377.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 South Bermondsey area. In last 1 year alone average price buyer paid is around £369,365 based on approximately 175 sales in South Bermondsey area alone. If you compare it to last 3 years sales of 483 properties where buyers paid around £294,683. 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 £274,712 for 774 and average amount paid for purchase of approx. 950 properties sold in last 7 years comes to about £264,225 per sale.