Rise Park House Prices, London
Rise Park is an area, located in the borough Havering.
Rise Park House Prices
As of June, 2024, the average house prices in Rise Park are as follows:
- studio – £180,000 (16.13%)
- 1 bedroom flat – £220,000 (2.21%)
- 2 bedroom flat – £280,000 (-4.48%)
- 3 bedroom flat – £500,000 (-1.42%)
- 4 bedroom flat – £650,000 (-4.59%)
- 5 bedroom flat – £725,000 (-1.75%)
Keep in mind that these are simply the average rates for Rise 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 Rise Park, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Rise Park house price is £462,500, high by 2.78% as of £450,000 in May, 2024.
- Currently, there are 122 houses for sale and an average of 14 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 Rise Park house prices.
Rise Park House Prices Growth
The average house price in Rise Park over the last 5 years is as follows:
- 2019-06 – £336,553
- 2020-06 – £341,305 (1.41%)
- 2021-06 – £366,015 (7.24%)
- 2022-06 – £348,166 (-4.88%)
- 2023-06 – £408,865 (17.43%)
- 2024-06 – £416,300 (1.82%)
Sold house prices in Rise Park 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 Rise Park house prices, it’s also wise to keep an eye on house rent prices in Rise 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 Rise Park.