Springfield Rise, London, SE26

Street Guide For Springfield Rise, London, SE26

 

Springfield Rise, London, SE26 Map

Estimated Price: £192,414
Average Asking Price: £470,293
Price change in last one year: £19,083
Average Price Paid: £169,000
Average Rent Rates: £1,407

 

Property Prices Breakdown in Springfield Rise, London, SE26

Average Price for property in Springfield Rise, London, SE26 is around £192,414 e.g. average price for a flat is around 192,414. Values have been changing and have risen £1,322 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,286 in last 6 months, £19,083 in last 1 year, £38,762 in last 2 years, £44,810 in last 3 years, £44,570 in last 4 years and £48,781 in last 5 years.

Currently average asking price of a property in Springfield Rise, London, SE26 is around £470,293 based on approximately 1 properties for sale. Same is the case with rental options based on 85 properties up for rent, average asking rent is around £1,407 per month.

Estimated property value in Springfield Rise, London, SE26 is £192,414. Average asking price is £470,293 while average price paid is £198,000 which is up by £19,083 and Avg. asking rent £1,407.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 Rise, London, SE26 area. In last 1 year alone average price buyer paid is around £198,000 based on approximately 1 sales in Springfield Rise, London, SE26 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £169,000. 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 £169,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £169,000 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £394,444, £494,796 for a 3 bedroom house, £765,623 for a 4 bedroom house and £1,046,875 for a 5 bedroom house. For a flat similarly the prices varies from £254,779 for a single bedroom to £341,423 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £424,106 and £374,975 for a 4 bedroom flat. To sum up the asking prices for properties in Springfield Rise, London, SE26 it comes to around average £254,779 for 1 bedroom property, £349,246 for 2 bedroom, £466,183 for 3 bedroom, £735,573 for 4 bedroom and £1,046,875 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £494 for 1 bedroom to £1,561 for 2 bedrooms, £1,891 for 3 bedrooms, £2,763 for 4 bedrooms and £2,776 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,034. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,329, £1,441 for 3 bedroom and £1,739 for 4 bedroom. You should be generally be expecting around average £944 rent per month for single bedroom property, £1,366 for 2 bedroom, £1,766 for 3 bedroom, £2,324 for 4 bedroom and approximately £2,776 for a 5 bedroom property in Springfield Rise, London, SE26 area.

Popular Houses in Springfield Rise, London, SE26

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Transportation in Springfield Rise, London, SE26

Areas in and around Springfield Rise, London, SE26