Kennington House Prices, London
Kennington House Prices
![Kennington house prices chart Kennington house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-91.webp)
As of June, 2024, the average house prices in Kennington are as follows:
- studio – £325,000 (-6.89%)
- 1 bedroom flat – £475,000 (-5.43%)
- 2 bedroom flat – £665,000 (-8.63%)
- 3 bedroom flat – £800,000 (-16.53%)
- 4 bedroom flat – £1,250,000 (-15.68%)
- 5 bedroom flat – £1,550,000 (-6.7%)
Keep in mind that these are simply the average rates for Kennington 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 Kennington, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Kennington house price is £599,950, low by 0.01% as of £600,000 in May, 2024.
- Currently, there are 328 houses for sale and an average of 10 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Kennington house prices.
Kennington House Prices Growth
![Kennington house price growth Kennington house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-91.webp)
The average house price in Kennington over the last 5 years is as follows:
- 2019-06 – £550,343
- 2020-06 – £574,212 (4.34%)
- 2021-06 – £519,922 (-9.45%)
- 2022-06 – £553,511 (6.46%)
- 2023-06 – £515,675 (-6.84%)
- 2024-06 – £510,894 (-0.93%)
Sold house prices in Kennington remained unchanged from June, 2023 to June, 2024. Compared to June, 2019, house prices are now down 7%. Therefore, at the moment, you may be able to purchase real estate at a more favourable price than five years ago.
In addition to checking the average Kennington house prices, it’s also wise to keep an eye on house rent prices in Kennington. 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 Kennington.