The average house price in the UK has risen to over £350,000 for the first time, new stats have revealed. Over the last month, house prices have jumped by 1.7 per cent, the largest leap seen since March 2004.
According to Rightmove, four-bedroom houses now go for almost four per cent more than they did a month ago (an increase of £24,000). The hike in prices is good news for sellers, who are set to enjoy a ‘spring selling season’ market with twice as many buyers as sellers. With the average price now sitting at £354,564, we’ve scanned Rightmove for three London properties available for less than that.
READ MORE: 2-bed detached house with huge garden on the market for £300k – but wait until you see inside
Chingford Mount Road, Waltham Forest – £165,000
This property was one of the cheapest London options we could find on Rightmove. It has one bedroom, with a lounge, kitchen and a newly installed shower room. Chingford Mount “and all its various amenities” are within easy reach of the property, however, the buyer must be over 60 years old, or if they are a couple, one person aged at least 60 and another aged at least 55.
The description for the Waltham Forest adds: “The property comprises an entrance hall, 16ft lounge, 7ft kitchen, 16ft bedroom and newly installed shower room.”
Perigan Court, Churchview Road, Twickenham – £350,000
Perigan Court is described as “a popular development of apartments in a cul-de-sac close to Twickenham Green “. The property boasts “plenty of natural light and a neutral décor, providing well-planned living spaces”, including a “decent-sized” living room, a modern kitchen, two double bedrooms, shower room and a large communal garden.
Rightmove promises the property has easy access to Twickenham Green “with a variety of shops, popular bars and restaurants” and transport links into Richmond ( District line Tube) and Kingston. The M3 isn’t far off either, giving access to the M5 and M24.
The description adds: “The local area is well served for schools, both private and state-run, including Waldegrave Girls School rated ‘outstanding’ by Ofsted. This is an ideal first time buy or investment purchase, to arrange an appointment to view, please call the vendors’ sole agents Chase Buchanan.”
Camille Close, Croydon – £350,000
This property on Camille Close is described as a “well-presented and bright two bedroom terraced house situated in a modern and sought after cul-de-sac development”. Rightmove promises the property in Croydon borough has a private parking space and direct access to a private garden. Transport links, schools and plenty of shops are located nearby.
It has two bedrooms, a “well-appointed bathroom” and a cosy reception room, with a delightful feature fireplace and there is also room for a dining table. The kitchen, meanwhile, is located just off of the reception/dining area.
The description adds: “Enviably located a short walk to Norwood Junction providing transport to London Bridge, Gatwick Airport and Highbury and Islington. Also located between the fantastic green open spaces of South Norwood Country Park and South Norwood Lake and Grounds.”
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