Average Price for property in Lee is around £418,132 which varies based on type of property you are interested in and ranges from £792,885 for detached house to around £553,313 for semi-detached. Similarly terraced house is around £448,692 and a flat is worth £270,388. Values have been changing and have risen £4,227 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,185 in last 6 months, £48,315 in last 1 year, £88,126 in last 2 years, £102,792 in last 3 years, £102,122 in last 4 years and £109,965 in last 5 years.
Currently average asking price of a property in Lee is around £415,012 based on approximately 242 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,247 per month.
Estimated property value in Lee is £418,132. Average asking price is £415,012 while average price paid is £367,409 which is up by £48,315 and Avg. asking rent £1,247.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 Lee area. In last 1 year alone average price buyer paid is around £367,409 based on approximately 242 sales in Lee area alone. If you compare it to last 3 years sales of 704 properties where buyers paid around £322,794. 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 £305,426 for 1,055 and average amount paid for purchase of approx. 1,369 properties sold in last 7 years comes to about £294,415 per sale.