Walworth Road, London, SE1

Street Guide For Walworth Road, London, SE1

 
 

Walworth Road, London, SE1 Map

Estimated Price: £614,544
Average Asking Price: £1,259,355
Price change in last one year: £56,136
Average Price Paid: £398,326
Average Rent Rates: £2,362

Smith & Brown London
142 Norwood Rd, London SE24 9AY

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Property Prices Breakdown in Walworth Road, London, SE1

Average Price for property in Walworth Road, London, SE1 is around £614,544 which varies based on type of property you are interested in and ranges from £1,507,604 for terraced house to around £515,315 for a flat. Values have been changing and have risen £4,220 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,140 in last 6 months, £56,136 in last 1 year, £116,634 in last 2 years, £143,620 in last 3 years, £136,233 in last 4 years and £160,510 in last 5 years.

Currently average asking price of a property in Walworth Road, London, SE1 is around £1,259,355 based on approximately 1 properties for sale. Same is the case with rental options based on 1,012 properties up for rent, average asking rent is around £2,362 per month.

Estimated property value in Walworth Road, London, SE1 is £614,544. Average asking price is £1,259,355 while average price paid is £390,000 which is up by £56,136 and Avg. asking rent £2,362.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 Walworth Road, London, SE1 area. In last 1 year alone average price buyer paid is around £390,000 based on approximately 1 sales in Walworth Road, London, SE1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £402,500. 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 £398,326 for 12 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £398,326 per sale.

 
 
 
 

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 £707,425, £1,376,625 for a 2 bedroom house, £1,508,398 for a 3 bedroom house, £1,258,749 for a 4 bedroom house and £1,399,998 for a 5 bedroom house. For a flat similarly the prices varies from £734,623 for a single bedroom to £1,156,125 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,131,218, £4,883,105 for a 4 bedroom flat and £2,970,000 for a 5 bedroom flat. To sum up the asking prices for properties in Walworth Road, London, SE1 it comes to around average £733,898 for 1 bedroom property, £1,168,548 for 2 bedroom, £2,044,232 for 3 bedroom, £3,809,222 for 4 bedroom and £2,381,249 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 £1,609 for 1 bedroom to £2,537 for 2 bedroom, £3,195 for 3 bedroom and £3,497 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,838. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,495, £4,062 for 3 bedroom and £3,488 for 4 bedroom. You should be generally be expecting around average £1,824 rent per month for single bedroom property, £2,497 for 2 bedroom, £3,936 for 3 bedroom and approximately £3,490 for 4 bedroom property in Walworth Road, London, SE1 area.

Popular Houses in Walworth Road, London, SE1

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.

Transportation in Walworth Road, London, SE1

Areas in and around Walworth Road, London, SE1