Erith House Prices, London
Erith is an area, located in the borough Bexley.
Erith House Prices
As of June, 2024, the average house prices in Erith are as follows:
- studio – £150,000 (-1.82%)
- 1 bedroom flat – £210,000 (-0.4%)
- 2 bedroom flat – £280,000 (-1.68%)
- 3 bedroom flat – £400,000 (-0.97%)
- 4 bedroom flat – £485,000 (1.48%)
- 5 bedroom flat – £625,000 (1.64%)
Keep in mind that these are simply the average rates for Erith 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 Erith, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Erith house price is £375,000, high by 2.04% as of £367,500 in May, 2024.
- Currently, there are 128 houses for sale and an average of 11 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Erith house prices.
Erith House Prices Growth
The average house price in Erith over the last 5 years is as follows:
- 2019-06 – £302,721
- 2020-06 – £301,727 (-0.33%)
- 2021-06 – £317,361 (5.18%)
- 2022-06 – £325,889 (2.69%)
- 2023-06 – £374,659 (14.97%)
- 2024-06 – £334,685 (-10.67%)
Sold house prices in Erith have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 10%. Thus, if the trend continues, purchasing real estate in Erith in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Erith house prices, it’s also wise to keep an eye on house rent prices in Erith. 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 Erith.