Lewisham gains two rungs on the London Borough house price ladder. It has overtaken Croydon and Havering since I first did the list three years ago. Although it showed a hefty 25% rise in the period - we are still in the bargain basement of London.
The chart is here:
http://www.sydenham.org.uk/property_estate_agents.html
A snapshot of Sydenham properties can be found here:
http://www.sydenham.org.uk/findaproperty.html
HTH those spending Easter house hunting!
Admin
Lewisham going up in the (property) world
Lewisham house prices
Interesting article admin, what is plain-vanilla Sydenham though?
It depends on the street. Sydenahm is still incredible value and one of only a few places where you can still get a house for under #300,000. A lot of places in Sydenham are over valued still and it's wise to negotiate. I live in Lower Sydenham, nothing wrong with it. Some parts could do with a bit of spit an police but we have the Dolphin down our end.
To anyone buying here, look at websites like www.findaproperty.co.uk as they have the priced of houses that have sold in particular streets so you can get a good idea of what places actually sell for. Often these are below the asking price. Sydenham has amazing stocks of unconverted period houses, often with original features. It has the east london line coming. It's high street shows signs of improvement but above all it feels friendly. I often bump into people in the high street now who actually say hello. So for all the joys of your house improving in value at the expense of the poor sods who cant get a foot on the ladder, the best reason to move to an area is because you want to live there and you can afford it. Not just because the prices will increase.
To those worried about price crashes. Look in the window od Mann Countrywide. they sold more houses last month than they had in months. I can't see a crash happening here, but I don't think prices will increase a great deal either.
To anyone buying here, look at websites like www.findaproperty.co.uk as they have the priced of houses that have sold in particular streets so you can get a good idea of what places actually sell for. Often these are below the asking price. Sydenham has amazing stocks of unconverted period houses, often with original features. It has the east london line coming. It's high street shows signs of improvement but above all it feels friendly. I often bump into people in the high street now who actually say hello. So for all the joys of your house improving in value at the expense of the poor sods who cant get a foot on the ladder, the best reason to move to an area is because you want to live there and you can afford it. Not just because the prices will increase.
To those worried about price crashes. Look in the window od Mann Countrywide. they sold more houses last month than they had in months. I can't see a crash happening here, but I don't think prices will increase a great deal either.