Stockwell House Prices, London
Stockwell is an area, located in the borough Lambeth.
Stockwell House Prices
As of June, 2024, the average house prices in Stockwell are as follows:
- studio – £340,000 (0.6%)
- 1 bedroom flat – £450,000 (-2.78%)
- 2 bedroom flat – £550,000 (-2.71%)
- 3 bedroom flat – £700,000 (-7.78%)
- 4 bedroom flat – £1,197,500 (-4%)
- 5 bedroom flat – £1,900,000 (-24.08%)
Keep in mind that these are simply the average rates for Stockwell 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 Stockwell, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Stockwell house price is £562,500, high by 2.27% as of £550,000 in May, 2024.
- Currently, there are 367 houses for sale and an average of 20 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Stockwell house prices.
Stockwell House Prices Growth
The average house price in Stockwell over the last 5 years is as follows:
- 2019-06 – £532,648
- 2020-06 – £566,205 (6.3%)
- 2021-06 – £576,125 (1.75%)
- 2022-06 – £539,291 (-6.39%)
- 2023-06 – £567,791 (5.28%)
- 2024-06 – £540,642 (-4.78%)
Sold house prices in Stockwell have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 1%. Thus, if the trend continues, purchasing real estate in Stockwell in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Stockwell house prices, it’s also wise to keep an eye on house rent prices in Stockwell. 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 Stockwell.