Shortlands House Prices, London
Shortlands is an area, located in the borough Bromley.
Shortlands House Prices
As of June, 2024, the average house prices in Shortlands are as follows:
- 1 bedroom flat – £275,000 (0.42%)
- 2 bedroom flat – £400,000 (-3.68%)
- 3 bedroom flat – £625,000 (-2.14%)
- 4 bedroom flat – £800,000 (-8.4%)
- 5 bedroom flat – £1,100,000 (-3.45%)
Keep in mind that these are simply the average rates for Shortlands 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 Shortlands, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Shortlands house price is £525,000, low by 2.33% as of £537,500 in May, 2024.
- Currently, there are 99 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 Shortlands house prices.
Shortlands House Prices Growth
The average house price in Shortlands over the last 5 years is as follows:
- 2019-06 – £440,159
- 2020-06 – £445,347 (1.18%)
- 2021-06 – £491,996 (10.47%)
- 2022-06 – £480,449 (-2.35%)
- 2023-06 – £540,405 (12.48%)
- 2024-06 – £527,415 (-2.4%)
Sold house prices in Shortlands have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 19%. Thus, if the trend continues, purchasing real estate in Shortlands in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Shortlands house prices, it’s also wise to keep an eye on house rent prices in Shortlands. 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 Shortlands.