Southwark (London Borough)

Area Guide For Southwark (London Borough)


Southwark (London Borough) Map

Estimated Price: £569,500
Average Asking Price: £903,639
Price change in last one year: £23,432
Average Price Paid: £437,843
Average Rent Rates: £2,129


Property Prices Breakdown in Southwark (London Borough)

Average Price for property in Southwark (London Borough) is around £569,500 which varies based on type of property you are interested in and ranges from £1,294,144 for detached house to around £928,085 for semi-detached. Similarly terraced house is around £667,120 and a flat is worth £488,955. Values have been changing and have risen £3,068 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,121 in last 6 months, £23,432 in last 1 year, £93,443 in last 2 years, £122,342 in last 3 years, £130,122 in last 4 years and £134,615 in last 5 years.

Currently average asking price of a property in Southwark (London Borough) is around £903,639 based on approximately 2,891 properties for sale. Same is the case with rental options based on 1,829 properties up for rent, average asking rent is around £2,129 per month.

Estimated property value in Southwark (London Borough) is £569,500. Average asking price is £903,639 while average price paid is £534,223 which is up by £23,432 and Avg. asking rent £2,129.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 Southwark (London Borough) area. In last 1 year alone average price buyer paid is around £534,223 based on approximately 2,891 sales in Southwark (London Borough) area alone. If you compare it to last 3 years sales of 10,045 properties where buyers paid around £467,766. 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 £437,843 for 16,189 and average amount paid for purchase of approx. 2,891 properties sold in last 7 years comes to about £534,223 per sale.


Properties For Sale in Southwark (London Borough)


Popular Houses in Southwark (London Borough)

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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