Average Price for property in Forest Hill is around £465,246 which varies based on type of property you are interested in and ranges from £876,168 for detached house to around £688,064 for semi-detached. Similarly terraced house is around £523,628 and a flat is worth £322,109. Values have been changing and have risen £4,141 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,608 in last 6 months, £54,131 in last 1 year, £104,509 in last 2 years, £120,800 in last 3 years, £120,901 in last 4 years and £133,963 in last 5 years.
Currently average asking price of a property in Forest Hill is around £527,938 based on approximately 551 properties for sale. Same is the case with rental options based on 103 properties up for rent, average asking rent is around £1,334 per month.
Estimated property value in Forest Hill is £465,246. Average asking price is £527,938 while average price paid is £428,285 which is up by £54,131 and Avg. asking rent £1,334.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 Forest Hill area. In last 1 year alone average price buyer paid is around £428,285 based on approximately 551 sales in Forest Hill area alone. If you compare it to last 3 years sales of 1,604 properties where buyers paid around £364,594. 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 £339,857 for 2,478 and average amount paid for purchase of approx. 3,125 properties sold in last 7 years comes to about £324,827 per sale.