Old Oak House Prices, London
Old Oak is an area, located in the borough Hammersmith and Fulham.
Old Oak House Prices
As of June, 2024, the average house prices in Old Oak are as follows:
- studio – £257,500 (-3.4%)
- 1 bedroom flat – £349,950 (1.12%)
- 2 bedroom flat – £412,500 (-4.73%)
- 3 bedroom flat – £650,000 (1.7%)
- 4 bedroom flat – £850,000 (6.42%)
- 5 bedroom flat – £1,150,000 (21.06%)
Keep in mind that these are simply the average rates for Old Oak 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 Oak, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Old Oak house price is £440,000, high by 1.73% as of £432,500 in May, 2024.
- Currently, there are 105 houses for sale and an average of 3 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Old Oak house prices.
Old Oak House Prices Growth
The average house price in Old Oak over the last 5 years is as follows:
- 2019-06 – £524,887
- 2020-06 – £551,456 (5.06%)
- 2021-06 – £571,400 (3.62%)
- 2022-06 – £582,564 (1.95%)
- 2023-06 – £620,246 (6.47%)
- 2024-06 – £575,878 (-7.15%)
Sold house prices in Old Oak have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 9%. Thus, if the trend continues, purchasing real estate in Old Oak in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Old Oak house prices, it’s also wise to keep an eye on house rent prices in Old Oak. 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 Oak.