Thamesmead House Prices, London
Thamesmead House Prices
![Thamesmead house prices chart Thamesmead house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-140.webp)
As of June, 2024, the average house prices in Thamesmead are as follows:
- studio – £282,500 (1.31%)
- 1 bedroom flat – £335,000 (1.27%)
- 2 bedroom flat – £372,500 (-3.45%)
- 3 bedroom flat – £410,000 (-4.23%)
- 4 bedroom flat – £440,000 (3.53%)
- 5 bedroom flat – £574,497 (5.19%)
Keep in mind that these are simply the average rates for Thamesmead 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 Thamesmead, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Thamesmead house price is £370,000, low by 1.33% as of £375,000 in May, 2024.
- Currently, there are 227 houses for sale and an average of 12 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Thamesmead house prices.
Thamesmead House Prices Growth
![Thamesmead house price growth Thamesmead house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-140.webp)
The average house price in Thamesmead over the last 5 years is as follows:
- 2019-06 – £318,313
- 2020-06 – £312,807 (-1.73%)
- 2021-06 – £317,463 (1.49%)
- 2022-06 – £327,142 (3.05%)
- 2023-06 – £338,869 (3.58%)
- 2024-06 – £348,082 (2.72%)
Sold house prices in Thamesmead have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 9%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Thamesmead house prices, it’s also wise to keep an eye on house rent prices in Thamesmead. 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 Thamesmead.