Average Price for property in Lewisham (London Borough) is around £417,438 which varies based on type of property you are interested in and ranges from £999,652 for detached house to around £562,173 for semi-detached. Similarly terraced house is around £446,624 and a flat is worth £305,966. Values have been changing and have risen £1,244 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £714 in last 6 months, £34,115 in last 1 year, £62,010 in last 2 years, £72,948 in last 3 years, £70,603 in last 4 years and £77,088 in last 5 years.
Currently average asking price of a property in Lewisham (London Borough) is around £542,073 based on approximately 3,869 properties for sale. Same is the case with rental options based on 854 properties up for rent, average asking rent is around £1,446 per month.
Estimated property value in Lewisham (London Borough) is £417,438. Average asking price is £542,073 while average price paid is £396,031 which is up by £34,115 and Avg. asking rent £1,446.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 Lewisham (London Borough) area. In last 1 year alone average price buyer paid is around £396,031 based on approximately 3,869 sales in Lewisham (London Borough) area alone. If you compare it to last 3 years sales of 12,122 properties where buyers paid around £348,299. 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 £326,454 for 18,649 and average amount paid for purchase of approx. 3,869 properties sold in last 7 years comes to about £396,031 per sale.