New Charlton

Area Guide For New Charlton

New Charlton is the area along the South bank of the River Thames at Charlton. t was formerly a primarily industrial zone, known for the glass and rope making industries, but is now an area of regeneration known as Charlton Riverside.


New Charlton Map

Estimated Price: £398,189
Average Asking Price: £386,106
Price change in last one year: £37,909
Average Price Paid: £292,465
Average Rent Rates: £1,808


Property Prices Breakdown in New Charlton

Average Price for property in New Charlton is around £398,189 which varies based on type of property you are interested in and ranges from £550,572 for detached house to around £468,673 for semi-detached. Similarly terraced house is around £453,456 and a flat is worth £267,863. Values have been changing and have risen £2,397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,906 in last 6 months, £37,909 in last 1 year, £75,947 in last 2 years, £93,137 in last 3 years, £91,126 in last 4 years and £102,936 in last 5 years.

Currently average asking price of a property in New Charlton is around £386,106 based on approximately 253 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,808 per month.

Estimated property value in New Charlton is £398,189. Average asking price is £386,106 while average price paid is £316,171 which is up by £37,909 and Avg. asking rent £1,808.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 New Charlton area. In last 1 year alone average price buyer paid is around £316,171 based on approximately 253 sales in New Charlton area alone. If you compare it to last 3 years sales of 660 properties where buyers paid around £306,498. 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 £292,465 for 1,001 and average amount paid for purchase of approx. 1,333 properties sold in last 7 years comes to about £280,878 per sale.


Properties For Sale in New Charlton


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 £395,000, £454,956 for a 3 bedroom house and £549,158 for a 4 bedroom house. For a flat similarly the prices varies from £262,556 for a single bedroom to £252,692 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £344,998 and £349,000 for a 4 bedroom flat. To sum up the asking prices for properties in New Charlton it comes to around average £262,556 for 1 bedroom property, £271,666 for 2 bedroom, £446,159 for 3 bedroom and £520,564 for 4 bedroom.

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 £564 for 1 bedroom to £1,570 for 3 bedroom and £1,700 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,064. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,364 and £1,357 for 3 bedroom. You should be generally be expecting around average £910 rent per month for single bedroom property, £1,364 for 2 bedroom, £1,504 for 3 bedroom and approximately £1,700 for 4 bedroom property in New Charlton area.

Popular Houses in New Charlton

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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