Surrey Quays

One of London’s Newest Residential Suburbs

Area Guide For Surrey Quays

Located East of Bermondsey and just south of the Thames, Surrey Quays presents some of the best view of the renowned London Skylines. It is an up and coming residential suburb in London with a robust transportation system and high class living and shopping amenities.

 
 

Tags

Commutation
Shopping Centre
Commuters
Transportation
Restaurants
Schools
Pubs.

Overview

  • The Neighbors

    Due to heavy bombing during the World War, most of the residential and commercial construction in this area is modern.

  • Ideal for

    Young Professionals, Families, Commuters.

  • Deal Sealer

    Good Transportation services, Variety in accommodation prices.

  • Not for

    People looking for classical houses.

  • You will Like

    Range of Houses, Kensal Green Cemetery.

Surrey Quays Map

Estimated Price: £448,396
Average Asking Price: £510,249
Price change in last one year: £51,519
Average Price Paid: £340,341
Average Rent Rates: £1,683

 
 

Property Prices Breakdown in Surrey Quays

Average Price for property in Surrey Quays is around £448,396 which varies based on type of property you are interested in and ranges from £712,120 for detached house to around £561,108 for semi-detached. Similarly terraced house is around £584,940 and a flat is worth £414,320. Values have been changing and have risen £3,038 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,309 in last 6 months, £51,519 in last 1 year, £97,073 in last 2 years, £106,782 in last 3 years, £108,384 in last 4 years and £119,994 in last 5 years.

Currently average asking price of a property in Surrey Quays is around £510,249 based on approximately 192 properties for sale. Same is the case with rental options based on 180 properties up for rent, average asking rent is around £1,683 per month.

Estimated property value in Surrey Quays is £448,396. Average asking price is £510,249 while average price paid is £391,145 which is up by £51,519 and Avg. asking rent £1,683.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 Surrey Quays area. In last 1 year alone average price buyer paid is around £391,145 based on approximately 192 sales in Surrey Quays area alone. If you compare it to last 3 years sales of 854 properties where buyers paid around £354,271. 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 £340,341 for 1,335 and average amount paid for purchase of approx. 1,608 properties sold in last 7 years comes to about £328,924 per sale.

 
 

Properties For Sale in Surrey Quays

 
 

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 1 bedroom is around £164,975, £295,000 for a 2 bedroom house, £644,990 for a 3 bedroom house and £805,000 for a 4 bedroom house. For a flat similarly the prices varies from £427,242 for a single bedroom to £541,635 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £670,164 and £1,191,667 for a 4 bedroom flat. To sum up the asking prices for properties in Surrey Quays it comes to around average £421,996 for 1 bedroom property, £538,591 for 2 bedroom, £665,323 for 3 bedroom and £1,037,000 for 4 bedroom.

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 £991 for 1 bedroom to £1,728 for 2 bedroom, £2,555 for 3 bedroom and £2,456 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,445. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,896 and £2,535 for 3 bedroom. You should be generally be expecting around average £1,316 rent per month for single bedroom property, £1,888 for 2 bedroom, £2,544 for 3 bedroom and approximately £2,456 for 4 bedroom property in Surrey Quays area.

Popular Houses in Surrey Quays

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.

Sold Properties in Surrey Quays

Sum it all up

 The Good

- Excellent Commutation
- Good Pubs
- Reasonable Prices
- Highly Rated Schools
- Beautiful Parks
- Excellent Walking Tracks

 Best For

- Families
- Young Professionals
- Commuters 

 The Bad

 - Lack of Vintage Houses

Transportation in Surrey Quays

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