Bow Common Lane, London, E3

Street Guide For Bow Common Lane, London, E3

 
 

Bow Common Lane, London, E3 Map

Estimated Price: £405,838
Average Asking Price: £422,940
Price change in last one year: £45,714
Average Price Paid: £280,643
Average Rent Rates: £1,712

Samson Estate Agents
269-271 High Street, Stratford, London, E15-2TF

Free House valuation

 

Property Prices Breakdown in Bow Common Lane, London, E3

Values have been changing and have risen £4,172 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,463 in last 6 months, £45,714 in last 1 year, £78,904 in last 2 years, £94,563 in last 3 years, £94,989 in last 4 years and £102,259 in last 5 years.

Currently average asking price of a property in Bow Common Lane, London, E3 is around £422,940 based on approximately 3 properties for sale. Same is the case with rental options based on 341 properties up for rent, average asking rent is around £1,712 per month.

Estimated property value in Bow Common Lane, London, E3 is £405,838. Average asking price is £422,940 while average price paid is £345,666 which is up by £45,714 and Avg. asking rent £1,712.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 Bow Common Lane, London, E3 area. In last 1 year alone average price buyer paid is around £345,666 based on approximately 3 sales in Bow Common Lane, London, E3 area alone. If you compare it to last 3 years sales of 39 properties where buyers paid around £277,581. 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 £280,643 for 61 and average amount paid for purchase of approx. 64 properties sold in last 7 years comes to about £277,941 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 £299,995, £706,249 for a 2 bedroom house, £617,500 for a 3 bedroom house, £782,498 for a 4 bedroom house and £1,437,500 for a 5 bedroom house. For a flat similarly the prices varies from £316,085 for a single bedroom to £403,327 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £479,428 and £350,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bow Common Lane, London, E3 it comes to around average £315,902 for 1 bedroom property, £414,444 for 2 bedroom, £506,275 for 3 bedroom, £695,998 for 4 bedroom and £1,437,500 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 £800 for 1 bedroom to £1,934 for 2 bedrooms, £2,231 for 3 bedrooms, £2,736 for 4 bedrooms and £1,831 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,167. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,700, £2,251 for 3 bedroom and £2,363 for 4 bedroom. You should be generally be expecting around average £1,149 rent per month for single bedroom property, £1,724 for 2 bedroom, £2,247 for 3 bedroom, £2,600 for 4 bedroom and approximately £1,831 for a 5 bedroom property in Bow Common Lane, London, E3 area.

Popular Houses in Bow Common Lane, London, E3

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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