Values have been changing and have risen £2,007 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,621 in last 6 months, £31,748 in last 1 year, £63,602 in last 2 years, £77,998 in last 3 years, £76,315 in last 4 years and £86,204 in last 5 years.
Currently average asking price of a property in Woolwich Road, London, SE7 is around £386,106 based on approximately 5 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,808 per month.
Estimated property value in Woolwich Road, London, SE7 is £330,450. Average asking price is £386,106 while average price paid is £334,700 which is up by £31,748 and Avg. asking rent £1,808.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 Woolwich Road, London, SE7 area. In last 1 year alone average price buyer paid is around £334,700 based on approximately 5 sales in Woolwich Road, London, SE7 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £309,812. 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 £259,743 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £247,544 per sale.