Fairlop House Prices, London
Fairlop is an area, located in the borough Redbridge.
Fairlop House Prices
As of June, 2024, the average house prices in Fairlop are as follows:
- studio – £15,000 (0%)
- 1 bedroom flat – £260,000 (-3.26%)
- 2 bedroom flat – £327,000 (-11.35%)
- 3 bedroom flat – £500,000 (0.06%)
- 4 bedroom flat – £650,000 (1.58%)
- 5 bedroom flat – £600,000 (-6.25%)
Keep in mind that these are simply the average rates for Fairlop 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 Fairlop, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Fairlop house price is £450,000, low by 0% as of £450,000 in May, 2024.
- Currently, there are 50 houses for sale and an average of 5 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 Fairlop house prices.
Fairlop House Prices Growth
The average house price in Fairlop over the last 5 years is as follows:
- 2019-06 – £421,337
- 2020-06 – £416,218 (-1.21%)
- 2021-06 – £450,290 (8.19%)
- 2022-06 – £442,397 (-1.75%)
- 2023-06 – £455,601 (2.98%)
- 2024-06 – £468,444 (2.82%)
Sold house prices in Fairlop have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 11%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Fairlop house prices, it’s also wise to keep an eye on house rent prices in Fairlop. 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 Fairlop.