Average Price for property in Springfield, London, E5 is around £380,118 which varies based on type of property you are interested in and ranges from £566,321 for terraced house to around £327,749 for a flat. Values have been changing and have risen £5,629 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,047 in last 6 months, £48,769 in last 1 year, £81,308 in last 2 years, £94,469 in last 3 years, £99,357 in last 4 years and £106,057 in last 5 years.
Currently average asking price of a property in Springfield, London, E5 is around £547,990 based on approximately 2 properties for sale. Same is the case with rental options based on 113 properties up for rent, average asking rent is around £1,653 per month.
Estimated property value in Springfield, London, E5 is £380,118. Average asking price is £547,990 while average price paid is £245,975 which is up by £48,769 and Avg. asking rent £1,653.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 Springfield, London, E5 area. In last 1 year alone average price buyer paid is around £245,975 based on approximately 2 sales in Springfield, London, E5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £268,490. 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 £262,889 for 10 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £232,023 per sale.