Albion Square, London, E8

Street Guide For Albion Square, London, E8

 

Albion Square, London, E8 Map

Estimated Price: £1,751,281
Average Asking Price: £669,498
Price change in last one year: £206,467
Average Price Paid: £1,533,040
Average Rent Rates: £2,035

 

Property Prices Breakdown in Albion Square, London, E8

Average Price for property in Albion Square, London, E8 is around £1,751,281 which varies based on type of property you are interested in and ranges from £1,447,637 for detached house to around £2,065,075 for semi-detached. Similarly terraced house is around £1,385,189. Values have been changing and have risen £11,764 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,957 in last 6 months, £206,467 in last 1 year, £360,357 in last 2 years, £418,017 in last 3 years, £453,462 in last 4 years and £477,403 in last 5 years.

Currently average asking price of a property in Albion Square, London, E8 is around £669,498 based on approximately 2 properties for sale. Same is the case with rental options based on 272 properties up for rent, average asking rent is around £2,035 per month.

Estimated property value in Albion Square, London, E8 is £1,751,281. Average asking price is £669,498 while average price paid is £1,745,100 which is up by £206,467 and Avg. asking rent £2,035.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Albion Square, London, E8 area. In last 1 year alone average price buyer paid is around £1,745,100 based on approximately 2 sales in Albion Square, London, E8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £1,603,800. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £1,533,040 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £1,533,040 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £604,999, £1,052,491 for a 3 bedroom house, £1,215,993 for a 4 bedroom house and £1,283,571 for a 5 bedroom house. For a flat similarly the prices varies from £398,698 for a single bedroom to £526,098 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £777,461 and £549,975 for a 4 bedroom flat. To sum up the asking prices for properties in Albion Square, London, E8 it comes to around average £398,698 for 1 bedroom property, £530,422 for 2 bedroom, £857,958 for 3 bedroom, £1,132,741 for 4 bedroom and £1,283,571 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,648 for 1 bedroom to £1,826 for 2 bedrooms, £2,529 for 3 bedrooms, £3,337 for 4 bedrooms and £3,857 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,473. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,979, £2,373 for 3 bedroom, £2,947 for 4 bedroom and around £3,207 for 5 bedroom flat. You should be generally be expecting around average £1,495 rent per month for single bedroom property, £1,962 for 2 bedroom, £2,412 for 3 bedroom, £3,207 for 4 bedroom and approximately £3,532 for a 5 bedroom property in Albion Square, London, E8 area.

Popular Houses in Albion Square, London, E8

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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Areas in and around Albion Square, London, E8