Values have been changing and have risen £1,058 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,583 in last 6 months, £13,849 in last 1 year, £22,830 in last 2 years, £25,012 in last 3 years, £25,523 in last 4 years and £25,578 in last 5 years.
Currently average asking price of a property in West Street, Erith, DA8 is around £247,074 based on approximately 5 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £980 per month.
Estimated property value in West Street, Erith, DA8 is £159,287. Average asking price is £247,074 while average price paid is £107,760 which is up by £13,849 and Avg. asking rent £980.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 West Street, Erith, DA8 area. In last 1 year alone average price buyer paid is around £107,760 based on approximately 5 sales in West Street, Erith, DA8 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £123,330. 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 £115,402 for 17 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £123,039 per sale.