Area Guide For Bexley

The London Borough of Bexley is responsible for a wide range of services across the borough and plays a key role in representing the interests of the local community.


Bexley Map

Estimated Price: £298,065
Average Asking Price: £340,163
Price change in last one year: £29,377
Average Price Paid: £237,967
Average Rent Rates: £1,173


Property Prices Breakdown in Bexley

Average Price for property in Bexley is around £298,065 which varies based on type of property you are interested in and ranges from £502,365 for detached house to around £342,995 for semi-detached. Similarly terraced house is around £265,571 and a flat is worth £185,352. Values have been changing and have risen £3,299 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,371 in last 6 months, £29,377 in last 1 year, £42,479 in last 2 years, £48,265 in last 3 years, £50,965 in last 4 years and £52,638 in last 5 years.

Currently average asking price of a property in Bexley is around £340,163 based on approximately 4,464 properties for sale. Same is the case with rental options based on 370 properties up for rent, average asking rent is around £1,173 per month.

Estimated property value in Bexley is £298,065. Average asking price is £340,163 while average price paid is £266,757 which is up by £29,377 and Avg. asking rent £1,173.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 Bexley area. In last 1 year alone average price buyer paid is around £266,757 based on approximately 4,464 sales in Bexley area alone. If you compare it to last 3 years sales of 13,180 properties where buyers paid around £245,303. 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 £237,967 for 20,432 and average amount paid for purchase of approx. 27,128 properties sold in last 7 years comes to about £232,266 per sale.


Properties For Sale in Bexley


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 £160,292, £253,256 for a 2 bedroom house, £335,196 for a 3 bedroom house, £473,439 for a 4 bedroom house and £610,122 for a 5 bedroom house. For a flat similarly the prices varies from £174,113 for a single bedroom to £209,273 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £255,882. To sum up the asking prices for properties in Bexley it comes to around average £172,329 for 1 bedroom property, £225,209 for 2 bedroom, £329,802 for 3 bedroom, £473,439 for 4 bedroom and £610,122 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 £616 for 1 bedroom to £1,077 for 2 bedrooms, £1,294 for 3 bedrooms, £1,774 for 4 bedrooms and £1,675 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £817. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,062, £1,372 for 3 bedroom and £1,200 for 4 bedroom. You should be generally be expecting around average £735 rent per month for single bedroom property, £1,068 for 2 bedroom, £1,304 for 3 bedroom, £1,749 for 4 bedroom and approximately £1,675 for a 5 bedroom property in Bexley area.

Popular Houses in Bexley

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.

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