Thamesmead South

Area Guide For Thamesmead South

Thamesmead South is a district of South East London. In 2012 a new framework proposal was approved by the Council and partners of the South Thamesmead regeneration Framework. This local community venture includes community led projects, building refurbishments, new luxury build projects and improvements to parks and streets, an investment plan that will continue for over the next 10-15 years.


Thamesmead South Map

Estimated Price: £240,533
Average Asking Price: £259,417
Price change in last one year: £20,591
Average Price Paid: £169,247
Average Rent Rates: £1,063


Property Prices Breakdown in Thamesmead South

Average Price for property in Thamesmead South is around £240,533 which varies based on type of property you are interested in and ranges from £301,115 for detached house to around £274,019 for semi-detached. Similarly terraced house is around £248,352 and a flat is worth £202,450. Values have been changing and have risen £1,488 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,618 in last 6 months, £20,591 in last 1 year, £41,830 in last 2 years, £50,270 in last 3 years, £52,600 in last 4 years and £59,025 in last 5 years.

Currently average asking price of a property in Thamesmead South is around £259,417 based on approximately 76 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £1,063 per month.

Estimated property value in Thamesmead South is £240,533. Average asking price is £259,417 while average price paid is £206,934 which is up by £20,591 and Avg. asking rent £1,063.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 Thamesmead South area. In last 1 year alone average price buyer paid is around £206,934 based on approximately 76 sales in Thamesmead South area alone. If you compare it to last 3 years sales of 217 properties where buyers paid around £179,730. 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 £169,247 for 345 and average amount paid for purchase of approx. 485 properties sold in last 7 years comes to about £169,421 per sale.


Properties For Sale in Thamesmead South


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 2 bedroom is around £235,000 and £400,000 for a 3 bedroom house. For a flat similarly the prices varies from £210,000 for a single bedroom to £190,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Thamesmead South it comes to around average £210,000 for 1 bedroom property, £212,500 for 2 bedroom and £400,000 for 3 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 £802 for 1 bedroom to £1,452 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £750. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £949. You should be generally be expecting around average £776 rent per month for single bedroom property, £949 for 2 bedroom and approximately £1,452 for 4 bedroom property in Thamesmead South area.

Popular Houses in Thamesmead South

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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