New Cross Gate

Area Guide For New Cross Gate

New Cross Gate is a railway station in New Cross London, on the Brighton Main Line and the East London Line. Operated by London Overground and within Zone 2 of the travelcard. During the 19th century, New Cross (Gate) became an important junction where the South London Line, the East London Line, and the Bricklayers Arms Line diverged from the Brighton Main Line to London Bridge.


New Cross Gate Map

Estimated Price: £380,950
Average Asking Price: £425,058
Price change in last one year: £37,342
Average Price Paid: £323,369
Average Rent Rates: £1,371


Property Prices Breakdown in New Cross Gate

Average Price for property in New Cross Gate is around £380,950 which varies based on type of property you are interested in and ranges from £445,862 for detached house to around £736,362 for semi-detached. Similarly terraced house is around £545,180 and a flat is worth £268,910. Values have been changing and have risen £2,423 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,719 in last 6 months, £37,342 in last 1 year, £76,329 in last 2 years, £88,642 in last 3 years, £89,690 in last 4 years and £99,463 in last 5 years.

Currently average asking price of a property in New Cross Gate is around £425,058 based on approximately 167 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £1,371 per month.

Estimated property value in New Cross Gate is £380,950. Average asking price is £425,058 while average price paid is £384,290 which is up by £37,342 and Avg. asking rent £1,371.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 Cross Gate area. In last 1 year alone average price buyer paid is around £384,290 based on approximately 167 sales in New Cross Gate area alone. If you compare it to last 3 years sales of 470 properties where buyers paid around £346,395. 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 £323,369 for 713 and average amount paid for purchase of approx. 932 properties sold in last 7 years comes to about £303,372 per sale.


Properties For Sale in New Cross Gate


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 3 bedroom is around £550,825, £1,175,000 for a 4 bedroom house and £1,250,000 for a 5 bedroom house. For a flat similarly the prices varies from £241,416 for a single bedroom to £340,385 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £486,986 and £647,498 for a 4 bedroom flat. To sum up the asking prices for properties in New Cross Gate it comes to around average £241,416 for 1 bedroom property, £340,385 for 2 bedroom, £527,305 for 3 bedroom, £911,249 for 4 bedroom and £1,250,000 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 £901 for 1 bedroom to £1,765 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,080. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,349 and £1,599 for 3 bedroom. You should be generally be expecting around average £1,065 rent per month for single bedroom property, £1,350 for 2 bedroom and approximately £1,724 for 3 bedroom property in New Cross Gate area.

Popular Houses in New Cross Gate

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.

Sold Properties in New Cross Gate

Transportation in New Cross Gate

Browse by Streets in New Cross Gate

Browse by Outcodes in New Cross Gate