Abbey Wood House Prices, London
Abbey Wood House Prices
![Abbey Wood house prices chart Abbey Wood house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-135.webp)
As of June, 2024, the average house prices in Abbey Wood are as follows:
- studio – £200,000 (0%)
- 1 bedroom flat – £217,500 (-6.74%)
- 2 bedroom flat – £307,500 (-3.91%)
- 3 bedroom flat – £425,000 (-3%)
- 4 bedroom flat – £500,000 (1.64%)
- 5 bedroom flat – £574,497 (0.27%)
Keep in mind that these are simply the average rates for Abbey Wood house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Abbey Wood, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Abbey Wood house price is £417,497, low by 1.77% as of £425,000 in May, 2024.
- Currently, there are 92 houses for sale and an average of 11 property sales per month. The real estate market is stable, with a good balance between properties for sale and buyer demand, resulting in stable prices.
Check back next month for updated Abbey Wood house prices.
Abbey Wood House Prices Growth
![Abbey Wood house price growth Abbey Wood house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-135.webp)
The average house price in Abbey Wood over the last 5 years is as follows:
- 2019-06 – £336,961
- 2020-06 – £336,029 (-0.28%)
- 2021-06 – £345,934 (2.95%)
- 2022-06 – £366,882 (6.06%)
- 2023-06 – £383,118 (4.43%)
- 2024-06 – £399,175 (4.19%)
Sold house prices in Abbey Wood have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 18%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Abbey Wood house prices, it’s also wise to keep an eye on house rent prices in Abbey Wood. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Abbey Wood.