Raynes Park House Prices, London
Raynes Park is an area, located in the borough Merton.
Raynes Park House Prices
![Raynes Park house prices chart Raynes Park house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-192.webp)
As of June, 2024, the average house prices in Raynes Park are as follows:
- studio – £230,000 (-0.88%)
- 1 bedroom flat – £375,000 (3.74%)
- 2 bedroom flat – £525,000 (-1.54%)
- 3 bedroom flat – £800,000 (0.97%)
- 4 bedroom flat – £1,150,000 (1.61%)
- 5 bedroom flat – £1,800,000 (-1.62%)
Keep in mind that these are simply the average rates for Raynes Park 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 Raynes Park, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Raynes Park house price is £665,000, high by 2.31% as of £650,000 in May, 2024.
- Currently, there are 830 houses for sale and an average of 23 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Raynes Park house prices.
Raynes Park House Prices Growth
![Raynes Park house price growth Raynes Park house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-192.webp)
The average house price in Raynes Park over the last 5 years is as follows:
- 2019-06 – £584,761
- 2020-06 – £570,874 (-2.37%)
- 2021-06 – £650,039 (13.87%)
- 2022-06 – £637,242 (-1.97%)
- 2023-06 – £655,657 (2.89%)
- 2024-06 – £645,051 (-1.62%)
Sold house prices in Raynes Park have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 10%. Thus, if the trend continues, purchasing real estate in Raynes Park in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Raynes Park house prices, it’s also wise to keep an eye on house rent prices in Raynes Park. 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 Raynes Park.