Grove Park House Prices, London
Grove Park is an area, located in the borough Lewisham.
Grove Park House Prices
![Grove Park house prices chart Grove Park house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-132.webp)
As of June, 2024, the average house prices in Grove Park are as follows:
- studio – £160,000 (0%)
- 1 bedroom flat – £250,000 (-1.55%)
- 2 bedroom flat – £350,000 (-3.83%)
- 3 bedroom flat – £522,500 (-0.38%)
- 4 bedroom flat – £675,000 (-0.38%)
- 5 bedroom flat – £749,972 (-1.64%)
Keep in mind that these are simply the average rates for Grove Park 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 Grove Park, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Grove Park house price is £495,525, high by 3.77% as of £477,500 in May, 2024.
- Currently, there are 94 houses for sale and an average of 5 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Grove Park house prices.
Grove Park House Prices Growth
![Grove Park house price growth Grove Park house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-132.webp)
The average house price in Grove Park over the last 5 years is as follows:
- 2019-06 – £392,731
- 2020-06 – £391,526 (-0.31%)
- 2021-06 – £430,314 (9.91%)
- 2022-06 – £443,718 (3.11%)
- 2023-06 – £464,976 (4.79%)
- 2024-06 – £442,118 (-4.92%)
Sold house prices in Grove Park have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 12%. Thus, if the trend continues, purchasing real estate in Grove Park in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Grove Park house prices, it’s also wise to keep an eye on house rent prices in Grove Park. 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 Grove Park.