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.