Area Guide For Rotherhithe

Rotherhithe is a residential district in southeast London, within the London Borough of Southwark. In the 1980s the area along the river was redeveloped as upmarket housing, through a mix of warehouse conversions and new-build developments. Alexandra Cottages is a pretty enclave of 181 semi-detached Victorian properties with a strong community spirit close to Penge East station.


Rotherhithe Map

Estimated Price: £522,230
Average Asking Price: £613,003
Price change in last one year: £60,210
Average Price Paid: £377,980
Average Rent Rates: £1,842


Property Prices Breakdown in Rotherhithe

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.


Properties For Sale in Rotherhithe


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 1 bedroom is around £295,000, £478,333 for a 2 bedroom house, £746,818 for a 3 bedroom house and £880,000 for a 4 bedroom house. For a flat similarly the prices varies from £422,742 for a single bedroom to £610,600 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £971,865 and £1,081,250 for a 4 bedroom flat. To sum up the asking prices for properties in Rotherhithe it comes to around average £421,591 for 1 bedroom property, £607,547 for 2 bedroom, £925,157 for 3 bedroom and £1,014,167 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 £975 for 1 bedroom to £1,889 for 2 bedroom, £2,442 for 3 bedroom and £2,913 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,480. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,008 and £2,779 for 3 bedroom. You should be generally be expecting around average £1,370 rent per month for single bedroom property, £2,003 for 2 bedroom, £2,627 for 3 bedroom and approximately £2,913 for 4 bedroom property in Rotherhithe area.

Popular Houses in Rotherhithe

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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