Blackfen House Prices, London
Blackfen is an area, located in the borough Bexley.
Blackfen House Prices
![Blackfen house prices chart Blackfen house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-174.webp)
As of June, 2024, the average house prices in Blackfen are as follows:
- studio – £274,995 (-18.52%)
- 1 bedroom flat – £280,000 (2.46%)
- 2 bedroom flat – £400,000 (0.11%)
- 3 bedroom flat – £475,000 (1.24%)
- 4 bedroom flat – £625,000 (-1.55%)
- 5 bedroom flat – £730,000 (3.52%)
Keep in mind that these are simply the average rates for Blackfen 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 Blackfen, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Blackfen house price is £455,000, high by 1.11% as of £450,000 in May, 2024.
- Currently, there are 114 houses for sale and an average of 10 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 Blackfen house prices.
Blackfen House Prices Growth
![Blackfen house price growth Blackfen house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-174.webp)
The average house price in Blackfen over the last 5 years is as follows:
- 2019-06 – £380,678
- 2020-06 – £384,918 (1.11%)
- 2021-06 – £412,888 (7.27%)
- 2022-06 – £443,017 (7.3%)
- 2023-06 – £465,955 (5.18%)
- 2024-06 – £448,084 (-3.84%)
Sold house prices in Blackfen have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 17%. Thus, if the trend continues, purchasing real estate in Blackfen in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Blackfen house prices, it’s also wise to keep an eye on house rent prices in Blackfen. 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 Blackfen.