Average Price for property in Mortlake is around £1,088,595 which varies based on type of property you are interested in and ranges from £2,476,693 for detached house to around £1,456,780 for semi-detached. Similarly terraced house is around £1,044,425 and a flat is worth £537,784. Values have been changing and have risen £4,801 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,922 in last 6 months, £114,811 in last 1 year, £208,318 in last 2 years, £271,476 in last 3 years, £307,242 in last 4 years and £312,455 in last 5 years.
Currently average asking price of a property in Mortlake is around £1,094,729 based on approximately 251 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £2,980 per month.
Estimated property value in Mortlake is £1,088,595. Average asking price is £1,094,729 while average price paid is £922,890 which is up by £114,811 and Avg. asking rent £2,980.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 Mortlake area. In last 1 year alone average price buyer paid is around £922,890 based on approximately 251 sales in Mortlake area alone. If you compare it to last 3 years sales of 874 properties where buyers paid around £797,794. 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 £754,333 for 1,489 and average amount paid for purchase of approx. 1,957 properties sold in last 7 years comes to about £719,663 per sale.