Average Price for property in Bromley-by-Bow is around £309,857 which varies based on type of property you are interested in and ranges from £371,798 for detached house to around £332,073 for semi-detached. Similarly terraced house is around £323,791 and a flat is worth £302,543. Values have been changing and have risen £3,690 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,209 in last 6 months, £37,600 in last 1 year, £63,516 in last 2 years, £72,507 in last 3 years, £72,563 in last 4 years and £78,689 in last 5 years.
Currently average asking price of a property in Bromley-by-Bow is around £394,616 based on approximately 149 properties for sale. Same is the case with rental options based on 124 properties up for rent, average asking rent is around £1,616 per month.
Estimated property value in Bromley-by-Bow is £309,857. Average asking price is £394,616 while average price paid is £264,467 which is up by £37,600 and Avg. asking rent £1,616.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 Bromley-by-Bow area. In last 1 year alone average price buyer paid is around £264,467 based on approximately 149 sales in Bromley-by-Bow area alone. If you compare it to last 3 years sales of 541 properties where buyers paid around £257,854. 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 £244,605 for 819 and average amount paid for purchase of approx. 1,035 properties sold in last 7 years comes to about £238,772 per sale.