The next time it was sold was in January 2008, just 18 months later for €754,000 and it did
not stop there. 4 years and 7 months later it was sold for €917,000. Today it is valued from €1,519, 000 and is still rising. Based on the current trends it could go even higher. At present there is a difference of almost €1,200,000 above the original net amount received by the seller back in 2006 to what it is valued now. Rent alone in this area for a family home is around €4,500 a month or well over €1000 a week
Location, location, location: Of course the three L's matter but location, almost anywhere, given time, go only one way and that is up, and judging by the stock market of late it is more of a sure bet. Oprah Winfrey said it best: " I put my money in property for they are not making any more of it." The key is to buy low and sell high if you can afford it at all in the first place.
Barry Clifford
Value history
6 months ago
↑£9,783 +1.0%
↑£9,783 +1.0%
1 year ago
↑£85,011 +9.0%
↑£85,011 +9.0%
2 years ago
↑£200,485 +24.2%
↑£200,485 +24.2%
3 years ago
↑£326,712 +46.6%
↑£326,712 +46.6%
4 years ago
↑£377,520 +58.0%
↑£377,520 +58.0%
5 years ago
↑£388,546 +60.8%
↑£388,546 +60.8%
Rental value
Value
£3,539 pcm
£3,539 pcm
Range
£3,101 - £3,976 pcm
£3,101 - £3,976 pcm
Sales history
£705,000
25th Sep 2012
End terrace house
Freehold
25th Sep 2012
End terrace house
Freehold
£580,000
25th Jan 2008
End terrace house
Freehold
25th Jan 2008
End terrace house
Freehold
£310,000
31st Jul 2006
End terrace house
Freehold
31st Jul 2006
End terrace house
Freehold
Average home values for SE23
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