Goodmayes House Prices, London
Goodmayes is an area, located in the borough Redbridge.
Goodmayes House Prices
![Goodmayes house prices chart Goodmayes house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-474.webp)
As of June, 2024, the average house prices in Goodmayes are as follows:
- studio – £275,000 (0%)
- 1 bedroom flat – £220,000 (-3.23%)
- 2 bedroom flat – £300,000 (-1.95%)
- 3 bedroom flat – £535,000 (1.23%)
- 4 bedroom flat – £600,000 (-2.99%)
- 5 bedroom flat – £850,000 (-1.45%)
Keep in mind that these are simply the average rates for Goodmayes 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 Goodmayes, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Goodmayes house price is £499,997, low by 4.76% as of £525,000 in May, 2024.
- Currently, there are 98 houses for sale and an average of 6 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Goodmayes house prices.
Goodmayes House Prices Growth
![Goodmayes house price growth Goodmayes house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-474.webp)
The average house price in Goodmayes over the last 5 years is as follows:
- 2019-06 – £374,975
- 2020-06 – £391,969 (4.53%)
- 2021-06 – £421,080 (7.43%)
- 2022-06 – £448,111 (6.42%)
- 2023-06 – £460,544 (2.77%)
- 2024-06 – £470,521 (2.17%)
Sold house prices in Goodmayes have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 25%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Goodmayes house prices, it’s also wise to keep an eye on house rent prices in Goodmayes. 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 Goodmayes.