Bacon Lane, London, NW9

Street Guide For Bacon Lane, London, NW9

 
 

Bacon Lane, London, NW9 Map

Estimated Price: £466,204
Average Asking Price: £426,399
Price change in last one year: £42,401
Average Price Paid: £341,428
Average Rent Rates: £1,469

Smith Melzack
15 GRAND PARADE FORTY AVENUE FORTY AVENUE- Wembley

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Property Prices Breakdown in Bacon Lane, London, NW9

Average Price for property in Bacon Lane, London, NW9 is around £466,204 which varies based on type of property you are interested in and ranges from £747,296 for detached house to around £490,506 for semi-detached. Similarly terraced house is around £518,071 and a flat is worth £348,273. Values have been changing and have risen £7,694 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,401 in last 6 months, £42,401 in last 1 year, £80,080 in last 2 years, £99,851 in last 3 years, £109,391 in last 4 years and £113,926 in last 5 years.

Currently average asking price of a property in Bacon Lane, London, NW9 is around £426,399 based on approximately 4 properties for sale. Same is the case with rental options based on 251 properties up for rent, average asking rent is around £1,469 per month.

Estimated property value in Bacon Lane, London, NW9 is £466,204. Average asking price is £426,399 while average price paid is £428,750 which is up by £42,401 and Avg. asking rent £1,469.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 Bacon Lane, London, NW9 area. In last 1 year alone average price buyer paid is around £428,750 based on approximately 4 sales in Bacon Lane, London, NW9 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £390,000. 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 £341,428 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £318,750 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 £269,167, £578,856 for a 2 bedroom house, £492,284 for a 3 bedroom house, £710,124 for a 4 bedroom house and £712,704 for a 5 bedroom house. For a flat similarly the prices varies from £269,736 for a single bedroom to £349,659 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £540,619 and £279,950 for a 4 bedroom flat. To sum up the asking prices for properties in Bacon Lane, London, NW9 it comes to around average £269,716 for 1 bedroom property, £361,793 for 2 bedroom, £511,292 for 3 bedroom, £698,804 for 4 bedroom and £712,704 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 £804 for 1 bedroom to £1,444 for 2 bedrooms, £1,692 for 3 bedrooms, £2,108 for 4 bedrooms and £2,100 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,133. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,518, £1,940 for 3 bedroom, £1,452 for 4 bedroom and around £5,720 for 5 bedroom flat. You should be generally be expecting around average £1,085 rent per month for single bedroom property, £1,516 for 2 bedroom, £1,810 for 3 bedroom, £2,026 for 4 bedroom and approximately £3,306 for a 5 bedroom property in Bacon Lane, London, NW9 area.

Popular Houses in Bacon Lane, London, NW9

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 Bacon Lane, London, NW9