Beckenham House Prices, London
Beckenham is an area, located in the borough Bromley.
Beckenham House Prices
As of June, 2024, the average house prices in Beckenham are as follows:
- studio – £165,000 (-5.71%)
- 1 bedroom flat – £290,000 (-1.14%)
- 2 bedroom flat – £420,000 (-0.63%)
- 3 bedroom flat – £650,000 (-0.75%)
- 4 bedroom flat – £850,000 (-6.55%)
- 5 bedroom flat – £1,250,000 (-7.71%)
Keep in mind that these are simply the average rates for Beckenham 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 Beckenham, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Beckenham house price is £500,000, low by 9.09% as of £550,000 in May, 2024.
- Currently, there are 730 houses for sale and an average of 35 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Beckenham house prices.
Beckenham House Prices Growth
The average house price in Beckenham over the last 5 years is as follows:
- 2019-06 – £450,165
- 2020-06 – £456,153 (1.33%)
- 2021-06 – £491,208 (7.68%)
- 2022-06 – £486,077 (-1.04%)
- 2023-06 – £536,227 (10.32%)
- 2024-06 – £511,661 (-4.58%)
Sold house prices in Beckenham have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 13%. Thus, if the trend continues, purchasing real estate in Beckenham in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Beckenham house prices, it’s also wise to keep an eye on house rent prices in Beckenham. 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 Beckenham.