Property Price Trends South East | London House Price Trend
If you are looking to buy or sell property in the South east then first go through the Property Price Trends South East.
South East England is the most famous and popular place among the nine official regions of England. It is among the third largest region of the England. South east is also the most popular area and it consist total population about eight and half million. This area is also known for its nearby located countryside regions such as North Down and Chiltern Hill. Its market structure gives direction to the real estate. However, one must know about the Property Price Trends South East market.
Given below id the detail information related to the property price trend of the South East. Before entering into the market one must know about its market conditions.
Property Price Trends South East:
In the South East there was a majority of the sales in the last year. Hence, terraced properties were sold at the price of £339,275. However, semi-detached of this area were sold at the price of the £387,627. In the South East overall average price of the property is around £395,401. This price is more expensive than the nearby East of England (£333,340) and West Midlands (£218,576).
However, in the last year the overall average sold price is around 8.04%. In South East England average property price is around £464,191. Thus, the average rental price in this place is around £603 per week.
South East England prices of nearby locations:
Given below is the information regarding few nearby places of the South East England.
|Area||Average Price||Average Rental|
|Sloane Square||£2,520,607||£941 PW|
Property/House Price in Knightsbridge:
This place is the nearby located area of the South East. However, Knightsbridge is the most expensive and retail district in the real estate West London. This is the most expensive area. However, in this market average sold price has increased at the rate of 33.55%. In this area average property price is around £3,805,106. Thus, its rental average price revolve around £2,426 per week.
Property/House Price in Sloane Square:
On the boundaries of the central London it is the small hard landscaped . The squared area is known as ‘Hans Town’. In this area average sold price has increased to the rate of the 3.65%. However, in this place average sold price revolve around £2,520,607. Its average rental price revolve around £941 per week.
Property/House Price in Mayfair:
In this place its market average sold price has increased at the rate of the 26.95% from last few years. However, its average property price revolve around £2,192,953. Its average rental price revolve around £1,335 per week.
Property/House price in Bayswater:
This place is the most developed district. It is London’s one of the most cosmopolitan area.However, in this market the average price has increased at the rate of the 23.65%. Its property average price revolve around £1,383,225. However, its average rental price is £607 per week.
Property/House Price in Chelsea:
Chelsea property market is also changing as per the need and demand of the people. However, its Selling average price has increased at the rate of 39.82%. Its average price revolve around £2,055,415. Thus, Chelsea average rental price revolve around £701 per week.
Property/House Price in Paddington:
In the Paddington market average selling price has increased at the rate of the 3.28%. However, its average property price revolve around £1,363,597. Its average rental price is £623 per week.
Hence, this is the information related to the market of the South East nearby located areas. Thus, before entering into the market one must consider about its property price trend in the market.