Balfour Mews, London, W1K

Street Guide For Balfour Mews, London, W1K

 

Balfour Mews, London, W1K Map

Estimated Price: £5,624,918
Average Asking Price: £3,242,832
Price change in last one year: £294,097
Average Price Paid: £2,085,000
Average Rent Rates: £6,692

 

Property Prices Breakdown in Balfour Mews, London, W1K

Average Price for property in Balfour Mews, London, W1K is around £5,624,918 which varies based on type of property you are interested in and ranges from £6,984,678 for terraced house to around £4,605,097 for a flat. Values have been changing and have risen £16,601 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £41,471 in last 6 months, £294,097 in last 1 year, £938,288 in last 2 years, £1,388,541 in last 3 years, £1,483,280 in last 4 years and £1,582,054 in last 5 years.

Currently average asking price of a property in Balfour Mews, London, W1K is around £3,242,832 based on approximately 0 properties for sale. Same is the case with rental options based on 2,974 properties up for rent, average asking rent is around £6,692 per month.

Estimated property value in Balfour Mews, London, W1K is £5,624,918. Average asking price is £3,242,832 while average price paid is £2,085,000 which is up by £1,582,054 and Avg. asking rent £6,692.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 Balfour Mews, London, W1K area. In last 5 years alone average price buyer paid is around £2,085,000 based on approximately 2 sales in Balfour Mews, London, W1K area alone. If you compare it to last 7 years sales of 4 properties where buyers paid around £2,786,250.

 
 

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 £1,076,662, £2,042,857 for a 2 bedroom house, £5,083,333 for a 3 bedroom house, £8,210,680 for a 4 bedroom house and £5,646,875 for a 5 bedroom house. For a flat similarly the prices varies from £1,146,987 for a single bedroom to £1,993,097 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,461,142, £6,039,265 for a 4 bedroom flat and £9,510,000 for a 5 bedroom flat. To sum up the asking prices for properties in Balfour Mews, London, W1K it comes to around average £1,141,964 for 1 bedroom property, £1,997,804 for 2 bedroom, £3,559,456 for 3 bedroom, £6,797,536 for 4 bedroom and £7,793,056 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 £6,114 for 1 bedroom to £7,150 for 2 bedrooms, £11,206 for 3 bedrooms, £10,647 for 4 bedrooms and £20,904 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £3,474. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £5,178, £9,689 for 3 bedroom, £18,445 for 4 bedroom and around £65,671 for 5 bedroom flat. You should be generally be expecting around average £3,610 rent per month for single bedroom property, £5,335 for 2 bedroom, £9,866 for 3 bedroom, £16,729 for 4 bedroom and approximately £43,764 for a 5 bedroom property in Balfour Mews, London, W1K area.

Popular Houses in Balfour Mews, London, W1K

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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