Telegraph Hill House Prices, London
Telegraph Hill is an area, located in the borough Lewisham.
Telegraph Hill House Prices
As of June, 2024, the average house prices in Telegraph Hill are as follows:
- 1 bedroom flat – £325,000 (-2.76%)
- 2 bedroom flat – £492,500 (-1.43%)
- 3 bedroom flat – £930,000 (-3.09%)
- 4 bedroom flat – £1,247,500 (0.54%)
- 5 bedroom flat – £1,435,000 (-4.33%)
Keep in mind that these are simply the average rates for Telegraph Hill 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 Telegraph Hill, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Telegraph Hill house price is £532,500, high by 6.51% as of £499,975 in May, 2024.
- Currently, there are 29 houses for sale and an average of 4 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 Telegraph Hill house prices.
Telegraph Hill House Prices Growth
The average house price in Telegraph Hill over the last 5 years is as follows:
- 2019-06 – £444,406
- 2020-06 – £456,483 (2.72%)
- 2021-06 – £499,492 (9.42%)
- 2022-06 – £507,222 (1.55%)
- 2023-06 – £478,264 (-5.71%)
- 2024-06 – £458,428 (-4.15%)
Sold house prices in Telegraph Hill have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 3%. Thus, if the trend continues, purchasing real estate in Telegraph Hill in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Telegraph Hill house prices, it’s also wise to keep an eye on house rent prices in Telegraph Hill. 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 Telegraph Hill.