Lower Sydenham

Area Guide For Lower Sydenham

Lower Sydenham is within the location of Sydenham Community Library, which was recently reopened by the Local Community. The Bell Green regeneration project is in its second phase with a new retail park opening in 2013, on a site that was formally a gas working area. With many shops and restaurants opening within Lower Sydenham the only thing left for development will be a business park. The hilly streets are dotted with large houses built by wealthy Regency rakes and later Victorian merchants who sought refuge from the city and its soot. But it was the arrival of Paxton’s Crystal Palace, transported from the Great Exhibition in Hyde Park, and the coming of the railways, which brought the biggest surge in development. Lower Sydenham offers a real value for money when dealing with properties.


Lower Sydenham Map

Estimated Price: £419,342
Average Asking Price: £455,554
Price change in last one year: £43,381
Average Price Paid: £308,424
Average Rent Rates: £1,375


Property Prices Breakdown in Lower Sydenham

Average Price for property in Lower Sydenham is around £419,342 which varies based on type of property you are interested in and ranges from £945,229 for detached house to around £603,455 for semi-detached. Similarly terraced house is around £465,245 and a flat is worth £294,496. Values have been changing and have risen £3,004 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,468 in last 6 months, £43,381 in last 1 year, £88,120 in last 2 years, £101,864 in last 3 years, £101,308 in last 4 years and £110,876 in last 5 years.

Currently average asking price of a property in Lower Sydenham is around £455,554 based on approximately 227 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £1,375 per month.

Estimated property value in Lower Sydenham is £419,342. Average asking price is £455,554 while average price paid is £371,683 which is up by £43,381 and Avg. asking rent £1,375.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 Lower Sydenham area. In last 1 year alone average price buyer paid is around £371,683 based on approximately 227 sales in Lower Sydenham area alone. If you compare it to last 3 years sales of 694 properties where buyers paid around £327,034. 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 £308,424 for 1,058 and average amount paid for purchase of approx. 1,337 properties sold in last 7 years comes to about £296,819 per sale.


Properties For Sale in Lower Sydenham


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 £364,166, £486,837 for a 3 bedroom house, £823,925 for a 4 bedroom house and £1,029,167 for a 5 bedroom house. For a flat similarly the prices varies from £261,543 for a single bedroom to £314,145 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £429,158 and £450,000 for a 4 bedroom flat. To sum up the asking prices for properties in Lower Sydenham it comes to around average £261,543 for 1 bedroom property, £321,291 for 2 bedroom, £472,994 for 3 bedroom, £798,997 for 4 bedroom and £1,029,167 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 £449 for 1 bedroom to £1,916 for 3 bedroom, £2,883 for 4 bedroom and £2,776 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,025. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,205, £1,300 for 3 bedroom and £1,739 for 4 bedroom. You should be generally be expecting around average £942 rent per month for single bedroom property, £1,205 for 2 bedroom, £1,868 for 3 bedroom, £2,311 for 4 bedroom and approximately £2,776 for a 5 bedroom property in Lower Sydenham area.

Popular Houses in Lower Sydenham

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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