Average Price for property in Rotherhithe is around £522,230 which varies based on type of property you are interested in and ranges from £615,199 for detached house to around £548,049 for semi-detached. Similarly terraced house is around £609,687 and a flat is worth £498,167. Values have been changing and have risen £3,550 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,878 in last 6 months, £60,210 in last 1 year, £113,450 in last 2 years, £124,797 in last 3 years, £126,669 in last 4 years and £140,235 in last 5 years.
Currently average asking price of a property in Rotherhithe is around £613,003 based on approximately 473 properties for sale. Same is the case with rental options based on 297 properties up for rent, average asking rent is around £1,842 per month.
Estimated property value in Rotherhithe is £522,230. Average asking price is £613,003 while average price paid is £439,701 which is up by £60,210 and Avg. asking rent £1,842.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 Rotherhithe area. In last 1 year alone average price buyer paid is around £439,701 based on approximately 473 sales in Rotherhithe area alone. If you compare it to last 3 years sales of 1,590 properties where buyers paid around £396,893. 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 £377,980 for 2,494 and average amount paid for purchase of approx. 3,187 properties sold in last 7 years comes to about £368,615 per sale.