Cranham House Prices, London
Cranham is an area, located in the borough Havering.
Cranham House Prices
![Cranham house prices chart Cranham house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-513.webp)
As of June, 2024, the average house prices in Cranham are as follows:
- 1 bedroom flat – £210,000 (0%)
- 2 bedroom flat – £425,000 (4.57%)
- 3 bedroom flat – £500,000 (-2.21%)
- 4 bedroom flat – £667,500 (-2.79%)
- 5 bedroom flat – £887,500 (-15.88%)
Keep in mind that these are simply the average rates for Cranham 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 Cranham, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Cranham house price is £550,000, low by 0% as of £550,000 in May, 2024.
- Currently, there are 61 houses for sale and an average of 6 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 Cranham house prices.
Cranham House Prices Growth
![Cranham house price growth Cranham house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-513.webp)
The average house price in Cranham over the last 5 years is as follows:
- 2019-06 – £472,772
- 2020-06 – £497,278 (5.18%)
- 2021-06 – £538,657 (8.32%)
- 2022-06 – £536,351 (-0.43%)
- 2023-06 – £587,877 (9.61%)
- 2024-06 – £503,953 (-14.28%)
Sold house prices in Cranham have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 6%. Thus, if the trend continues, purchasing real estate in Cranham in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Cranham house prices, it’s also wise to keep an eye on house rent prices in Cranham. 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 Cranham.