Banner Street, London, EC1Y

Street Guide For Banner Street, London, EC1Y

 

Banner Street, London, EC1Y Map

Estimated Price: £738,887
Average Asking Price: £985,520
Price change in last one year: £84,147
Average Price Paid: £471,586
Average Rent Rates: £2,633

 

Property Prices Breakdown in Banner Street, London, EC1Y

Values have been changing and have risen £816 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,075 in last 6 months, £84,147 in last 1 year, £132,271 in last 2 years, £199,385 in last 3 years, £170,678 in last 4 years and £195,928 in last 5 years.

Currently average asking price of a property in Banner Street, London, EC1Y is around £985,520 based on approximately 1 properties for sale. Same is the case with rental options based on 696 properties up for rent, average asking rent is around £2,633 per month.

Estimated property value in Banner Street, London, EC1Y is £738,887. Average asking price is £985,520 while average price paid is £521,000 which is up by £84,147 and Avg. asking rent £2,633.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 Banner Street, London, EC1Y area. In last 1 year alone average price buyer paid is around £521,000 based on approximately 1 sales in Banner Street, London, EC1Y area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £532,350. 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 £471,586 for 19 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £468,532 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 £651,429, £1,410,000 for a 2 bedroom house, £1,586,238 for a 3 bedroom house, £3,291,667 for a 4 bedroom house and £3,087,500 for a 5 bedroom house. For a flat similarly the prices varies from £699,714 for a single bedroom to £1,040,885 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,352,298 and £2,125,000 for a 4 bedroom flat. To sum up the asking prices for properties in Banner Street, London, EC1Y it comes to around average £697,299 for 1 bedroom property, £1,055,082 for 2 bedroom, £1,391,288 for 3 bedroom, £3,000,000 for 4 bedroom and £3,087,500 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 £2,613 for 1 bedroom to £3,909 for 2 bedroom and £6,478 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,221. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,903, £4,245 for 3 bedroom and £3,662 for 4 bedroom. You should be generally be expecting around average £2,228 rent per month for single bedroom property, £2,938 for 2 bedroom, £4,245 for 3 bedroom, £3,662 for 4 bedroom and approximately £6,478 for a 5 bedroom property in Banner Street, London, EC1Y area.

Popular Houses in Banner Street, London, EC1Y

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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