Values have been changing and have risen £1,592 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,391 in last 6 months, £20,832 in last 1 year, £34,339 in last 2 years, £37,617 in last 3 years, £38,381 in last 4 years and £38,460 in last 5 years.
Currently average asking price of a property in Wallhouse Road, Erith, DA8 is around £247,074 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Wallhouse Road, Erith, DA8 is £233,217. Average asking price is £247,074 while average price paid is £216,250 which is up by £20,832 and Avg. asking rent £980.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 Wallhouse Road, Erith, DA8 area. In last 1 year alone average price buyer paid is around £216,250 based on approximately 2 sales in Wallhouse Road, Erith, DA8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £189,375. 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 £173,785 for 7 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £154,520 per sale.