Mortlake House Prices, London
Mortlake is an area, located in the borough Richmond upon Thames.
Mortlake House Prices
As of June, 2024, the average house prices in Mortlake are as follows:
- studio – £229,950 (-1.43%)
- 1 bedroom flat – £385,000 (-4.69%)
- 2 bedroom flat – £625,000 (-0.37%)
- 3 bedroom flat – £895,000 (0.92%)
- 4 bedroom flat – £1,397,500 (-1.63%)
- 5 bedroom flat – £1,900,000 (-1.71%)
Keep in mind that these are simply the average rates for Mortlake 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 Mortlake, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Mortlake house price is £895,000, low by 0% as of £895,000 in May, 2024.
- Currently, there are 104 houses for sale and an average of 10 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 Mortlake house prices.
Mortlake House Prices Growth
The average house price in Mortlake over the last 5 years is as follows:
- 2019-06 – £825,560
- 2020-06 – £911,501 (10.41%)
- 2021-06 – £930,962 (2.14%)
- 2022-06 – £938,876 (0.85%)
- 2023-06 – £968,954 (3.2%)
- 2024-06 – £1,015,599 (4.81%)
Sold house prices in Mortlake have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 23%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Mortlake house prices, it’s also wise to keep an eye on house rent prices in Mortlake. 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 Mortlake.