Average Price for property in Southwark Park Road, London, SE16 is around £456,374 which varies based on type of property you are interested in and ranges from £1,024,289 for detached house to around £639,537 for semi-detached. Similarly terraced house is around £576,708 and a flat is worth £399,871. Values have been changing and have risen £2,897 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,875 in last 6 months, £49,120 in last 1 year, £92,553 in last 2 years, £101,809 in last 3 years, £103,338 in last 4 years and £114,406 in last 5 years.
Currently average asking price of a property in Southwark Park Road, London, SE16 is around £582,204 based on approximately 19 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 Southwark Park Road, London, SE16 is £456,374. Average asking price is £582,204 while average price paid is £421,110 which is up by £49,120 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 Southwark Park Road, London, SE16 area. In last 1 year alone average price buyer paid is around £421,110 based on approximately 19 sales in Southwark Park Road, London, SE16 area alone. If you compare it to last 3 years sales of 33 properties where buyers paid around £385,078. 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 £363,866 for 41 and average amount paid for purchase of approx. 48 properties sold in last 7 years comes to about £353,166 per sale.