Average Price for property in Southborough Lane, Bromley, BR2 is around £483,002 which varies based on type of property you are interested in and ranges from £848,477 for detached house to around £469,709 for semi-detached. Similarly terraced house is around £376,565 and a flat is worth £241,042. Values have been changing and have risen £2,076 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,592 in last 6 months, £42,666 in last 1 year, £82,580 in last 2 years, £90,199 in last 3 years, £88,747 in last 4 years and £100,139 in last 5 years.
Currently average asking price of a property in Southborough Lane, Bromley, BR2 is around £876,319 based on approximately 9 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £1,640 per month.
Estimated property value in Southborough Lane, Bromley, BR2 is £483,002. Average asking price is £876,319 while average price paid is £455,544 which is up by £42,666 and Avg. asking rent £1,640.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 Southborough Lane, Bromley, BR2 area. In last 1 year alone average price buyer paid is around £455,544 based on approximately 9 sales in Southborough Lane, Bromley, BR2 area alone. If you compare it to last 3 years sales of 28 properties where buyers paid around £424,799. 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 £397,325 for 42 and average amount paid for purchase of approx. 60 properties sold in last 7 years comes to about £366,986 per sale.