Values have been changing and have risen £2,534 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,890 in last 6 months, £47,919 in last 1 year, £102,274 in last 2 years, £116,291 in last 3 years, £113,789 in last 4 years and £129,143 in last 5 years.
Currently average asking price of a property in Wellmeadow Road, London, SE13 is around £365,375 based on approximately 6 properties for sale. Same is the case with rental options based on 185 properties up for rent, average asking rent is around £1,397 per month.
Estimated property value in Wellmeadow Road, London, SE13 is £506,252. Average asking price is £365,375 while average price paid is £355,166 which is up by £47,919 and Avg. asking rent £1,397.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 Wellmeadow Road, London, SE13 area. In last 1 year alone average price buyer paid is around £355,166 based on approximately 6 sales in Wellmeadow Road, London, SE13 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £395,461. 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 £329,497 for 22 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £314,863 per sale.