Wellfield Road, London, SW16

Street Guide For Wellfield Road, London, SW16

 
 

Wellfield Road, London, SW16 Map

Estimated Price: £480,222
Average Asking Price: £508,721
Price change in last one year: £57,121
Average Price Paid: £354,330
Average Rent Rates: £1,576

Granvilles Estate Agents
399 Coldharbour Lane, Brixton, London SW9 8LQ

Free House valuation

 

Property Prices Breakdown in Wellfield Road, London, SW16

Average Price for property in Wellfield Road, London, SW16 is around £480,222 which varies based on type of property you are interested in and ranges from £424,215 for detached house to around £502,656 for semi-detached. Similarly terraced house is around £555,229 and a flat is worth £333,576. Values have been changing and have risen £1,110 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,555 in last 6 months, £57,121 in last 1 year, £95,252 in last 2 years, £130,829 in last 3 years, £142,901 in last 4 years and £142,771 in last 5 years.

Currently average asking price of a property in Wellfield Road, London, SW16 is around £508,721 based on approximately 10 properties for sale. Same is the case with rental options based on 419 properties up for rent, average asking rent is around £1,576 per month.

Estimated property value in Wellfield Road, London, SW16 is £480,222. Average asking price is £508,721 while average price paid is £477,098 which is up by £57,121 and Avg. asking rent £1,576.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 Wellfield Road, London, SW16 area. In last 1 year alone average price buyer paid is around £477,098 based on approximately 10 sales in Wellfield Road, London, SW16 area alone. If you compare it to last 3 years sales of 36 properties where buyers paid around £390,049. 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 £354,330 for 58 and average amount paid for purchase of approx. 70 properties sold in last 7 years comes to about £342,416 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 £283,300, £413,872 for a 2 bedroom house, £492,873 for a 3 bedroom house, £699,091 for a 4 bedroom house and £963,051 for a 5 bedroom house. For a flat similarly the prices varies from £300,580 for a single bedroom to £364,169 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £415,680 and £528,872 for a 4 bedroom flat. To sum up the asking prices for properties in Wellfield Road, London, SW16 it comes to around average £299,955 for 1 bedroom property, £370,583 for 2 bedroom, £472,903 for 3 bedroom, £684,773 for 4 bedroom and £963,051 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 £817 for 1 bedroom to £1,331 for 2 bedrooms, £1,733 for 3 bedrooms, £2,463 for 4 bedrooms and £3,172 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,114. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,418, £1,672 for 3 bedroom and £2,154 for 4 bedroom. You should be generally be expecting around average £1,081 rent per month for single bedroom property, £1,415 for 2 bedroom, £1,702 for 3 bedroom, £2,400 for 4 bedroom and approximately £3,172 for a 5 bedroom property in Wellfield Road, London, SW16 area.

Popular Houses in Wellfield Road, London, SW16

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 Wellfield Road, London, SW16

Areas in and around Wellfield Road, London, SW16