Elm Park House Prices, London
Elm Park is an area, located in the borough Havering.
Elm Park House Prices
As of June, 2024, the average house prices in Elm Park are as follows:
- 1 bedroom flat – £210,000 (-3.72%)
- 2 bedroom flat – £407,500 (8.57%)
- 3 bedroom flat – £425,000 (-2.7%)
- 4 bedroom flat – £525,000 (-1.35%)
- 5 bedroom flat – £710,000 (3.74%)
Keep in mind that these are simply the average rates for Elm Park 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 Elm Park, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Elm Park house price is £450,000, low by 0% as of £450,000 in May, 2024.
- Currently, there are 57 houses for sale and an average of 10 property sales per month. Demand in the real estate market is high, so that price may rise.
Check back next month for updated Elm Park house prices.
Elm Park House Prices Growth
The average house price in Elm Park over the last 5 years is as follows:
- 2019-06 – £371,852
- 2020-06 – £373,897 (0.55%)
- 2021-06 – £396,694 (6.1%)
- 2022-06 – £420,341 (5.96%)
- 2023-06 – £444,019 (5.63%)
- 2024-06 – £438,112 (-1.33%)
Sold house prices in Elm Park 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 Elm Park in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Elm Park house prices, it’s also wise to keep an eye on house rent prices in Elm Park. 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 Elm Park.