South Woodford House Prices, London
South Woodford is an area, located in the borough Redbridge.
South Woodford House Prices
![South Woodford house prices chart South Woodford house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-110.webp)
As of June, 2024, the average house prices in South Woodford are as follows:
- studio – £245,000 (-0.68%)
- 1 bedroom flat – £290,000 (-1.59%)
- 2 bedroom flat – £400,000 (-1.68%)
- 3 bedroom flat – £675,000 (0.99%)
- 4 bedroom flat – £900,000 (-2.63%)
- 5 bedroom flat – £1,150,000 (-6.07%)
Keep in mind that these are simply the average rates for South Woodford 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 South Woodford, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average South Woodford house price is £455,000, low by 4.21% as of £475,000 in May, 2024.
- Currently, there are 109 houses for sale and an average of 10 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 South Woodford house prices.
South Woodford House Prices Growth
![South Woodford house price growth South Woodford house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-110.webp)
The average house price in South Woodford over the last 5 years is as follows:
- 2019-06 – £468,176
- 2020-06 – £463,989 (-0.89%)
- 2021-06 – £517,376 (11.51%)
- 2022-06 – £519,996 (0.51%)
- 2023-06 – £514,935 (-0.97%)
- 2024-06 – £520,621 (1.1%)
Sold house prices in South Woodford have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 11%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average South Woodford house prices, it’s also wise to keep an eye on house rent prices in South Woodford. 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 South Woodford.