Water Lane, London, SE14

Street Guide For Water Lane, London, SE14

 
 

Water Lane, London, SE14 Map

Estimated Price: £287,414
Average Asking Price: £403,923
Price change in last one year: £28,470
Average Price Paid: £221,124
Average Rent Rates: £1,298

Bryan & Keegan
360 Brockley Road, Brockley

Free House valuation

 

Property Prices Breakdown in Water Lane, London, SE14

Values have been changing and have risen £1,847 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,647 in last 6 months, £28,470 in last 1 year, £58,196 in last 2 years, £67,583 in last 3 years, £68,384 in last 4 years and £75,837 in last 5 years.

Currently average asking price of a property in Water Lane, London, SE14 is around £403,923 based on approximately 8 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £1,298 per month.

Estimated property value in Water Lane, London, SE14 is £287,414. Average asking price is £403,923 while average price paid is £244,000 which is up by £28,470 and Avg. asking rent £1,298.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 Water Lane, London, SE14 area. In last 1 year alone average price buyer paid is around £244,000 based on approximately 8 sales in Water Lane, London, SE14 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £221,499. 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 £221,124 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £228,499 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 2 bedroom is around £363,333, £553,484 for a 3 bedroom house, £1,175,000 for a 4 bedroom house and £1,250,000 for a 5 bedroom house. For a flat similarly the prices varies from £259,968 for a single bedroom to £365,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £459,862 and £647,498 for a 4 bedroom flat. To sum up the asking prices for properties in Water Lane, London, SE14 it comes to around average £259,968 for 1 bedroom property, £365,738 for 2 bedroom, £526,735 for 3 bedroom, £911,249 for 4 bedroom and £1,250,000 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 £750 for 1 bedroom to £3,033 for 2 bedroom and £1,765 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,092. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,358 and £1,599 for 3 bedroom. You should be generally be expecting around average £1,056 rent per month for single bedroom property, £1,446 for 2 bedroom and approximately £1,724 for 3 bedroom property in Water Lane, London, SE14 area.

Popular Houses in Water Lane, London, SE14

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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