Oval House Prices, London
Oval is an area, located in the borough Lambeth.
Oval House Prices
As of June, 2024, the average house prices in Oval are as follows:
- studio – £470,000 (0.15%)
- 1 bedroom flat – £450,000 (0.33%)
- 2 bedroom flat – £575,000 (-5.7%)
- 3 bedroom flat – £712,500 (-12.97%)
- 4 bedroom flat – £1,200,000 (-1.09%)
- 5 bedroom flat – £1,362,500 (-17.04%)
Keep in mind that these are simply the average rates for Oval 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 Oval, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Oval house price is £580,000, high by 0.87% as of £575,000 in May, 2024.
- Currently, there are 224 houses for sale and an average of 11 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Oval house prices.
Oval House Prices Growth
The average house price in Oval over the last 5 years is as follows:
- 2019-06 – £523,006
- 2020-06 – £560,050 (7.08%)
- 2021-06 – £552,201 (-1.4%)
- 2022-06 – £528,557 (-4.28%)
- 2023-06 – £546,727 (3.44%)
- 2024-06 – £523,720 (-4.21%)
Sold house prices in Oval have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now unchanged. 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 Oval house prices, it’s also wise to keep an eye on house rent prices in Oval. 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 Oval.