Values have been changing and have risen £3,414 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,373 in last 6 months, £27,953 in last 1 year, £45,579 in last 2 years, £48,586 in last 3 years, £58,009 in last 4 years and £52,195 in last 5 years.
Currently average asking price of a property in Vellum Drive, Carshalton, SM5 is around £406,317 based on approximately 4 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,481 per month.
Estimated property value in Vellum Drive, Carshalton, SM5 is £244,628. Average asking price is £406,317 while average price paid is £226,250 which is up by £27,953 and Avg. asking rent £1,481.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 Vellum Drive, Carshalton, SM5 area. In last 1 year alone average price buyer paid is around £226,250 based on approximately 4 sales in Vellum Drive, Carshalton, SM5 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £183,444. 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 £179,214 for 34 and average amount paid for purchase of approx. 42 properties sold in last 7 years comes to about £174,483 per sale.