Average Price for property in Spa Road, London, SE16 is around £461,406 e.g. average price for a flat is around 461,259. Values have been changing and have risen £3,035 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,299 in last 6 months, £51,467 in last 1 year, £96,977 in last 2 years, £106,677 in last 3 years, £108,278 in last 4 years and £119,875 in last 5 years.
Currently average asking price of a property in Spa Road, London, SE16 is around £582,204 based on approximately 51 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 Spa Road, London, SE16 is £461,406. Average asking price is £582,204 while average price paid is £502,579 which is up by £51,467 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 Spa Road, London, SE16 area. In last 1 year alone average price buyer paid is around £502,579 based on approximately 51 sales in Spa Road, London, SE16 area alone. If you compare it to last 3 years sales of 56 properties where buyers paid around £493,474. 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 £372,257 for 137 and average amount paid for purchase of approx. 140 properties sold in last 7 years comes to about £371,934 per sale.