Average Price for property in Towncourt Lane, Petts Wood, Orpington, BR5 is around £385,780 which varies based on type of property you are interested in and ranges from £521,069 for detached house to around £405,390 for semi-detached. Similarly terraced house is around £303,271 and a flat is worth £256,673. Values have been changing and have risen £2,826 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,982 in last 6 months, £36,375 in last 1 year, £66,785 in last 2 years, £71,949 in last 3 years, £71,604 in last 4 years and £78,861 in last 5 years.
Currently average asking price of a property in Towncourt Lane, Petts Wood, Orpington, BR5 is around £381,897 based on approximately 4 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Towncourt Lane, Petts Wood, Orpington, BR5 is £385,780. Average asking price is £381,897 while average price paid is £335,875 which is up by £36,375 and Avg. asking rent £1,504.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 Towncourt Lane, Petts Wood, Orpington, BR5 area. In last 1 year alone average price buyer paid is around £335,875 based on approximately 4 sales in Towncourt Lane, Petts Wood, Orpington, BR5 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £323,964. 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 £305,617 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £297,340 per sale.