Herne Hill House Prices, London
Herne Hill House Prices
As of June, 2024, the average house prices in Herne Hill are as follows:
- studio – £117,500 (0%)
- 1 bedroom flat – £377,500 (-3.62%)
- 2 bedroom flat – £550,000 (-0.66%)
- 3 bedroom flat – £837,500 (-2.67%)
- 4 bedroom flat – £1,200,000 (8.46%)
- 5 bedroom flat – £1,662,500 (-2.17%)
Keep in mind that these are simply the average rates for Herne Hill 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 Herne Hill, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Herne Hill house price is £625,000, low by 6.72% as of £670,000 in May, 2024.
- Currently, there are 93 houses for sale and an average of 8 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 Herne Hill house prices.
Herne Hill House Prices Growth
The average house price in Herne Hill over the last 5 years is as follows:
- 2019-06 – £597,676
- 2020-06 – £689,287 (15.33%)
- 2021-06 – £615,671 (-10.68%)
- 2022-06 – £679,332 (10.34%)
- 2023-06 – £677,924 (-0.21%)
- 2024-06 – £694,657 (2.47%)
Sold house prices in Herne Hill have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 16%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Herne Hill house prices, it’s also wise to keep an eye on house rent prices in Herne Hill. 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 Herne Hill.