Area Guide For Eltham

Eltham is a district of south London, located in the London Borough of Greenwich. It is situated 8.6 miles (13.8 km) east south-east of Charing Cross. The centre of Eltham is situated on a plateau, high enough to offer unrestricted views across South London. Eltham Hill offers the steepest descent from the plateau to sea-level, starting at Eltham High Street. The land to the north of Eltham rises to form the southern slope of Shooter's Hill, one of the highest points in London. There is a large variety of open green space in Eltham, in the form of parkland, fields and woodland. Eltham is enriched by much history and Oxleas Woods is a delight for all to experience.


Eltham Map

Estimated Price: £378,949
Average Asking Price: £460,799
Price change in last one year: £43,249
Average Price Paid: £270,461
Average Rent Rates: £1,141


Property Prices Breakdown in Eltham

Average Price for property in Eltham is around £378,949 which varies based on type of property you are interested in and ranges from £727,548 for detached house to around £438,286 for semi-detached. Similarly terraced house is around £348,782 and a flat is worth £237,097. Values have been changing and have risen £3,661 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,336 in last 6 months, £43,249 in last 1 year, £74,863 in last 2 years, £87,468 in last 3 years, £89,889 in last 4 years and £95,692 in last 5 years.

Currently average asking price of a property in Eltham is around £460,799 based on approximately 720 properties for sale. Same is the case with rental options based on 104 properties up for rent, average asking rent is around £1,141 per month.

Estimated property value in Eltham is £378,949. Average asking price is £460,799 while average price paid is £314,964 which is up by £43,249 and Avg. asking rent £1,141.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 Eltham area. In last 1 year alone average price buyer paid is around £314,964 based on approximately 720 sales in Eltham area alone. If you compare it to last 3 years sales of 2,203 properties where buyers paid around £282,843. 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 £270,461 for 3,418 and average amount paid for purchase of approx. 4,470 properties sold in last 7 years comes to about £261,544 per sale.


Properties For Sale in Eltham


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 £275,666, £397,975 for a 3 bedroom house, £567,598 for a 4 bedroom house and £749,286 for a 5 bedroom house. For a flat similarly the prices varies from £215,685 for a single bedroom to £282,047 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £278,000. To sum up the asking prices for properties in Eltham it comes to around average £215,685 for 1 bedroom property, £281,012 for 2 bedroom, £389,153 for 3 bedroom, £567,598 for 4 bedroom and £749,286 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 £754 for 1 bedroom to £1,184 for 2 bedroom, £1,392 for 3 bedroom and £1,935 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £961. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,249 and £1,586 for 3 bedroom. You should be generally be expecting around average £867 rent per month for single bedroom property, £1,230 for 2 bedroom, £1,437 for 3 bedroom and approximately £1,935 for 4 bedroom property in Eltham area.

Popular Houses in Eltham

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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