Average Price for property in New Eltham is around £393,707 which varies based on type of property you are interested in and ranges from £518,278 for detached house to around £437,509 for semi-detached. Similarly terraced house is around £359,168 and a flat is worth £227,814. Values have been changing and have risen £3,839 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,888 in last 6 months, £45,359 in last 1 year, £78,519 in last 2 years, £91,740 in last 3 years, £94,280 in last 4 years and £100,366 in last 5 years.
Currently average asking price of a property in New Eltham is around £377,589 based on approximately 165 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £976 per month.
Estimated property value in New Eltham is £393,707. Average asking price is £377,589 while average price paid is £329,999 which is up by £45,359 and Avg. asking rent £976.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 Eltham area. In last 1 year alone average price buyer paid is around £329,999 based on approximately 165 sales in New Eltham area alone. If you compare it to last 3 years sales of 454 properties where buyers paid around £291,765. 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 £284,094 for 679 and average amount paid for purchase of approx. 877 properties sold in last 7 years comes to about £275,866 per sale.