Farnborough House Prices, London
Farnborough is an area, located in the borough Bromley.
Farnborough House Prices
As of June, 2024, the average house prices in Farnborough are as follows:
- 1 bedroom flat – £270,000 (-2.51%)
- 2 bedroom flat – £400,000 (-0.74%)
- 3 bedroom flat – £612,500 (0.55%)
- 4 bedroom flat – £795,000 (-13.36%)
- 5 bedroom flat – £1,765,000 (-17.93%)
Keep in mind that these are simply the average rates for Farnborough 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 Farnborough, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Farnborough house price is £592,497, high by 7.73% as of £550,000 in May, 2024.
- Currently, there are 52 houses for sale and an average of 3 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Farnborough house prices.
Farnborough House Prices Growth
The average house price in Farnborough over the last 5 years is as follows:
- 2019-06 – £484,832
- 2020-06 – £487,298 (0.51%)
- 2021-06 – £512,877 (5.25%)
- 2022-06 – £546,855 (6.62%)
- 2023-06 – £565,736 (3.45%)
- 2024-06 – £577,222 (2.03%)
Sold house prices in Farnborough have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 19%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Farnborough house prices, it’s also wise to keep an eye on house rent prices in Farnborough. 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 Farnborough.