Sydenham

Area Guide For Sydenham

 
 

Sydenham Map

Estimated Price: £412,731
Average Asking Price: £469,141
Price change in last one year: £43,183
Average Price Paid: £307,949
Average Rent Rates: £1,417

 
 

Property Prices Breakdown in Sydenham

Average Price for property in Sydenham is around £412,731 which varies based on type of property you are interested in and ranges from £971,926 for detached house to around £594,877 for semi-detached. Similarly terraced house is around £466,377 and a flat is worth £303,639. Values have been changing and have risen £2,991 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,435 in last 6 months, £43,183 in last 1 year, £87,713 in last 2 years, £101,394 in last 3 years, £100,841 in last 4 years and £110,364 in last 5 years.

Currently average asking price of a property in Sydenham is around £469,141 based on approximately 381 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £1,417 per month.

Estimated property value in Sydenham is £412,731. Average asking price is £469,141 while average price paid is £377,183 which is up by £43,183 and Avg. asking rent £1,417.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 Sydenham area. In last 1 year alone average price buyer paid is around £377,183 based on approximately 381 sales in Sydenham area alone. If you compare it to last 3 years sales of 1,141 properties where buyers paid around £323,686. 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 £307,949 for 1,735 and average amount paid for purchase of approx. 2,211 properties sold in last 7 years comes to about £295,289 per sale.

 
 

Properties For Sale in Sydenham

 
 

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, £490,573 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 £256,291 for a single bedroom to £341,617 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 Sydenham it comes to around average £256,291 for 1 bedroom property, £349,411 for 2 bedroom, £464,295 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, £1,916 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 £1,742 for 4 bedroom. You should be generally be expecting around average £944 rent per month for single bedroom property, £1,366 for 2 bedroom, £1,776 for 3 bedroom, £2,252 for 4 bedroom and approximately £2,776 for a 5 bedroom property in Sydenham area.

Popular Houses in Sydenham

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.

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