Upper Sydenham

Area Guide For Upper Sydenham

Upper Sydenham believed to be the ‘posh’ area of Sydenham, it is currently undergoing new redevelopment. Across SE26, you’ll find that there are great schools, excellent public transport links and there’s a good mix of housing stock providing something for every buyer.
Families are well served by the 761 semi detached houses and 1641 terraced homes found here. It’s also good news for a young professional as Sydenham has 2730 flats/maisonettes plus several new developments have sprung up since these figures were compiled. Just outside of the ward at Bell Green is a large residential/retail development that’ll provide 156 new flats while Purelake Group are building 40 housing association flats, heaps of commercial space. Here you will find varied housing types to appeal to your own individual preference; from classic 3-bed 1930s semis, Victorian terraces, and tall Victorian townhouses along Newlands Park and grand Edwardian statement homes of the Thorpe Estate. Those looking for unique homes can pick out the odd architecturally designed house in and around Lawrie Park, while buyers with a stricter budget buyers can still opt for a tidy 1960/70s townhouse. Families will appreciate relatively affordable homes around Peak Hill, Kirkdale and either side of the high street past Cobb’s Corner.

 
 

Upper Sydenham Map

Estimated Price: £403,644
Average Asking Price: £496,774
Price change in last one year: £42,870
Average Price Paid: £307,206
Average Rent Rates: £1,484

 
 

Property Prices Breakdown in Upper Sydenham

Average Price for property in Upper Sydenham is around £403,644 which varies based on type of property you are interested in and ranges from £994,166 for detached house to around £580,342 for semi-detached. Similarly terraced house is around £473,426 and a flat is worth £313,315. Values have been changing and have risen £2,969 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,381 in last 6 months, £42,870 in last 1 year, £87,079 in last 2 years, £100,660 in last 3 years, £100,112 in last 4 years and £109,565 in last 5 years.

Currently average asking price of a property in Upper Sydenham is around £496,774 based on approximately 154 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,484 per month.

Estimated property value in Upper Sydenham is £403,644. Average asking price is £496,774 while average price paid is £385,291 which is up by £42,870 and Avg. asking rent £1,484.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 Upper Sydenham area. In last 1 year alone average price buyer paid is around £385,291 based on approximately 154 sales in Upper Sydenham area alone. If you compare it to last 3 years sales of 447 properties where buyers paid around £318,489. 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 £307,206 for 677 and average amount paid for purchase of approx. 874 properties sold in last 7 years comes to about £292,949 per sale.

 
 

Properties For Sale in Upper 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 £455,000, £500,714 for a 3 bedroom house, £684,000 for a 4 bedroom house and £1,100,000 for a 5 bedroom house. For a flat similarly the prices varies from £244,286 for a single bedroom to £395,574 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £421,350 and £299,950 for a 4 bedroom flat. To sum up the asking prices for properties in Upper Sydenham it comes to around average £244,286 for 1 bedroom property, £404,488 for 2 bedroom, £452,214 for 3 bedroom, £649,086 for 4 bedroom and £1,100,000 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 £585 for 1 bedroom to £1,561 for 2 bedroom and £2,401 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,069. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,638, £1,477 for 3 bedroom and £1,751 for 4 bedroom. You should be generally be expecting around average £948 rent per month for single bedroom property, £1,607 for 2 bedroom, £1,476 for 3 bedroom and approximately £2,076 for 4 bedroom property in Upper Sydenham area.

Popular Houses in Upper 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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