Wemyss Road, London, SE3

Street Guide For Wemyss Road, London, SE3

 
 

Wemyss Road, London, SE3 Map

Estimated Price: £735,948
Average Asking Price: £759,035
Price change in last one year: £71,230
Average Price Paid: £659,803
Average Rent Rates: £1,857

 

Property Prices Breakdown in Wemyss Road, London, SE3

Values have been changing and have risen £4,821 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,395 in last 6 months, £71,230 in last 1 year, £147,120 in last 2 years, £163,594 in last 3 years, £163,322 in last 4 years and £189,460 in last 5 years.

Currently average asking price of a property in Wemyss Road, London, SE3 is around £759,035 based on approximately 5 properties for sale. Same is the case with rental options based on 166 properties up for rent, average asking rent is around £1,857 per month.

Estimated property value in Wemyss Road, London, SE3 is £735,948. Average asking price is £759,035 while average price paid is £787,500 which is up by £71,230 and Avg. asking rent £1,857.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 Wemyss Road, London, SE3 area. In last 1 year alone average price buyer paid is around £787,500 based on approximately 5 sales in Wemyss Road, London, SE3 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £589,716. 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 £659,803 for 13 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £579,047 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 £260,000, £447,691 for a 2 bedroom house, £587,202 for a 3 bedroom house, £1,165,000 for a 4 bedroom house and £2,191,875 for a 5 bedroom house. For a flat similarly the prices varies from £327,057 for a single bedroom to £460,680 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £558,994. To sum up the asking prices for properties in Wemyss Road, London, SE3 it comes to around average £324,574 for 1 bedroom property, £458,739 for 2 bedroom, £574,380 for 3 bedroom, £1,165,000 for 4 bedroom and £2,191,875 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 £550 for 1 bedroom to £1,906 for 2 bedrooms, £1,825 for 3 bedrooms, £2,477 for 4 bedrooms and £7,000 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,273. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,649 and £2,369 for 3 bedroom. You should be generally be expecting around average £1,246 rent per month for single bedroom property, £1,684 for 2 bedroom, £2,155 for 3 bedroom, £2,477 for 4 bedroom and approximately £7,000 for a 5 bedroom property in Wemyss Road, London, SE3 area.

Popular Houses in Wemyss Road, London, SE3

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 Wemyss Road, London, SE3

Areas in and around Wemyss Road, London, SE3