Eltham House Prices, London
Eltham is an area, located in the borough Greenwich.
Eltham House Prices
As of June, 2024, the average house prices in Eltham are as follows:
- studio – £225,000 (-10%)
- 1 bedroom flat – £250,000 (-1.57%)
- 2 bedroom flat – £375,000 (-0.07%)
- 3 bedroom flat – £525,000 (2.34%)
- 4 bedroom flat – £700,000 (-1.5%)
- 5 bedroom flat – £775,000 (-1.32%)
Keep in mind that these are simply the average rates for Eltham 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 Eltham, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Eltham house price is £487,500, high by 2.63% as of £475,000 in May, 2024.
- Currently, there are 246 houses for sale and an average of 26 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 Eltham house prices.
Eltham House Prices Growth
The average house price in Eltham over the last 5 years is as follows:
- 2019-06 – £393,733
- 2020-06 – £411,354 (4.48%)
- 2021-06 – £428,587 (4.19%)
- 2022-06 – £434,353 (1.35%)
- 2023-06 – £467,468 (7.62%)
- 2024-06 – £464,748 (-0.58%)
Sold house prices in Eltham remained unchanged from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 18%. Thus, if the trend continues, purchasing real estate in Eltham in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Eltham house prices, it’s also wise to keep an eye on house rent prices in Eltham. 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 Eltham.