Old Kent Road House Prices, London
Old Kent Road is an area, located in the borough Southwark.
Old Kent Road House Prices
As of June, 2024, the average house prices in Old Kent Road are as follows:
- studio – £220,000 (1.81%)
- 1 bedroom flat – £330,000 (-7.04%)
- 2 bedroom flat – £475,000 (-6.41%)
- 3 bedroom flat – £587,500 (-8.06%)
- 4 bedroom flat – £800,000 (0.07%)
- 5 bedroom flat – £987,500 (0%)
Keep in mind that these are simply the average rates for Old Kent Road 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 Old Kent Road, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Old Kent Road house price is £425,000, low by 0% as of £425,000 in May, 2024.
- Currently, there are 221 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 Old Kent Road house prices.
Old Kent Road House Prices Growth
The average house price in Old Kent Road over the last 5 years is as follows:
- 2019-06 – £593,989
- 2020-06 – £605,344 (1.91%)
- 2021-06 – £568,422 (-6.1%)
- 2022-06 – £580,818 (2.18%)
- 2023-06 – £574,491 (-1.09%)
- 2024-06 – £516,933 (-10.02%)
Sold house prices in Old Kent Road have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now down 12%. 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 Old Kent Road house prices, it’s also wise to keep an eye on house rent prices in Old Kent Road. 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 Old Kent Road.