Avenue Road, London, NW8

Street Guide For Avenue Road, London, NW8

 

Avenue Road, London, NW8 Map

Estimated Price: £3,205,968
Average Asking Price: £2,802,342
Price change in last one year: £339,879
Average Price Paid: £1,849,605
Average Rent Rates: £5,755

 

Property Prices Breakdown in Avenue Road, London, NW8

Average Price for property in Avenue Road, London, NW8 is around £3,205,968 which varies based on type of property you are interested in and ranges from £11,856,842 for detached house to around £4,357,909 for semi-detached. Similarly terraced house is around £1,843,936 and a flat is worth £2,349,559. Values have been changing and have risen £60,387 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £147,724 in last 6 months, £339,879 in last 1 year, £567,058 in last 2 years, £772,462 in last 3 years, £735,014 in last 4 years and £854,745 in last 5 years.

Currently average asking price of a property in Avenue Road, London, NW8 is around £2,802,342 based on approximately 9 properties for sale. Same is the case with rental options based on 2,399 properties up for rent, average asking rent is around £5,755 per month.

Estimated property value in Avenue Road, London, NW8 is £3,205,968. Average asking price is £2,802,342 while average price paid is £2,764,999 which is up by £339,879 and Avg. asking rent £5,755.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 Avenue Road, London, NW8 area. In last 1 year alone average price buyer paid is around £2,764,999 based on approximately 9 sales in Avenue Road, London, NW8 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £2,165,476. 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 £1,849,605 for 38 and average amount paid for purchase of approx. 52 properties sold in last 7 years comes to about £1,836,027 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 1 bedroom is around £3,000,000, £1,394,500 for a 2 bedroom house, £2,549,994 for a 3 bedroom house, £3,857,655 for a 4 bedroom house and £6,943,438 for a 5 bedroom house. For a flat similarly the prices varies from £623,083 for a single bedroom to £1,441,347 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,340,380, £4,190,842 for a 4 bedroom flat and £4,716,666 for a 5 bedroom flat. To sum up the asking prices for properties in Avenue Road, London, NW8 it comes to around average £645,506 for 1 bedroom property, £1,438,382 for 2 bedroom, £2,352,097 for 3 bedroom, £4,042,759 for 4 bedroom and £6,141,800 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 £2,024 for 1 bedroom to £3,493 for 2 bedrooms, £6,435 for 3 bedrooms, £10,672 for 4 bedrooms and £11,551 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,934. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,077, £6,096 for 3 bedroom, £8,343 for 4 bedroom and around £7,281 for 5 bedroom flat. You should be generally be expecting around average £1,940 rent per month for single bedroom property, £3,101 for 2 bedroom, £6,120 for 3 bedroom, £9,091 for 4 bedroom and approximately £8,109 for a 5 bedroom property in Avenue Road, London, NW8 area.

Popular Houses in Avenue Road, London, NW8

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.

Transportation in Avenue Road, London, NW8

Areas in and around Avenue Road, London, NW8