Blackheath Park

Area Guide For Blackheath Park

Blackheath is an area of South East London, divided between the Royal Borough of Greenwich and Lewisham. The sizeable estate of Blackheath Park, created on lands of Wricklemarsh Manor is situated east of Blackheath. Built over in the late 18th and early 19th century, it contains many grand examples of substantial Georgian and Victorian houses, most notably the semi-detached terrace houses linked by colonnades.


Blackheath Park Map

Estimated Price: £700,711
Average Asking Price: £713,285
Price change in last one year: £67,926
Average Price Paid: £506,982
Average Rent Rates: £1,650


Property Prices Breakdown in Blackheath Park

Average Price for property in Blackheath Park is around £700,711 which varies based on type of property you are interested in and ranges from £1,828,049 for detached house to around £862,140 for semi-detached. Similarly terraced house is around £570,299 and a flat is worth £442,416. Values have been changing and have risen £4,598 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,588 in last 6 months, £67,926 in last 1 year, £140,294 in last 2 years, £156,005 in last 3 years, £155,745 in last 4 years and £180,671 in last 5 years.

Currently average asking price of a property in Blackheath Park is around £713,285 based on approximately 109 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £1,650 per month.

Estimated property value in Blackheath Park is £700,711. Average asking price is £713,285 while average price paid is £624,448 which is up by £67,926 and Avg. asking rent £1,650.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 Blackheath Park area. In last 1 year alone average price buyer paid is around £624,448 based on approximately 109 sales in Blackheath Park area alone. If you compare it to last 3 years sales of 303 properties where buyers paid around £526,583. 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 £506,982 for 493 and average amount paid for purchase of approx. 646 properties sold in last 7 years comes to about £472,510 per sale.


Properties For Sale in Blackheath Park


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 2 bedroom is around £600,000, £620,483 for a 3 bedroom house and £2,298,750 for a 5 bedroom house. For a flat similarly the prices varies from £346,615 for a single bedroom to £498,313 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £680,000. To sum up the asking prices for properties in Blackheath Park it comes to around average £346,615 for 1 bedroom property, £501,138 for 2 bedroom, £657,681 for 3 bedroom and £2,298,750 for 5 bedroom.

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 £1,400 for 2 bedroom to £1,799 for 3 bedroom and £1,725 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,205. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,657 and £2,121 for 3 bedroom. You should be generally be expecting around average £1,205 rent per month for single bedroom property, £1,639 for 2 bedroom, £2,022 for 3 bedroom and approximately £1,724 for 4 bedroom property in Blackheath Park area.

Popular Houses in Blackheath Park

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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