Greenwich (Royal Borough)

Area Guide For Greenwich (Royal Borough)


Greenwich (Royal Borough) Map

Estimated Price: £392,926
Average Asking Price: £454,764
Price change in last one year: £11,942
Average Price Paid: £324,563
Average Rent Rates: £1,528


Property Prices Breakdown in Greenwich (Royal Borough)

Average Price for property in Greenwich (Royal Borough) is around £392,926 which varies based on type of property you are interested in and ranges from £910,849 for detached house to around £464,356 for semi-detached. Similarly terraced house is around £382,320 and a flat is worth £317,360. Values have been changing and have risen £2,587 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,601 in last 6 months, £11,942 in last 1 year, £66,771 in last 2 years, £84,710 in last 3 years, £88,005 in last 4 years and £89,145 in last 5 years.

Currently average asking price of a property in Greenwich (Royal Borough) is around £454,764 based on approximately 3,414 properties for sale. Same is the case with rental options based on 904 properties up for rent, average asking rent is around £1,528 per month.

Estimated property value in Greenwich (Royal Borough) is £392,926. Average asking price is £454,764 while average price paid is £375,655 which is up by £11,942 and Avg. asking rent £1,528.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 Greenwich (Royal Borough) area. In last 1 year alone average price buyer paid is around £375,655 based on approximately 3,414 sales in Greenwich (Royal Borough) area alone. If you compare it to last 3 years sales of 9,459 properties where buyers paid around £339,758. 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 £324,563 for 14,193 and average amount paid for purchase of approx. 3,414 properties sold in last 7 years comes to about £375,655 per sale.

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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