Bow

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Area Guide For Bow

Bow is  district in Eastern London. It falls under the London Borough of Tower Hamlets. This area is famous for its resedential architectures and buildings. It falls 4.6 miles within the vicinity of Charing Cross. Previously this area was known as Stratford, but later the name was changed to Bow which is actually derived from the previous name "Stratford-atte Bow". Bow actually refers to a bridge that was built in the early 12th Century. Moreover, the recently built 2012 Olympic Park is only a mile away from the bridge.

 
 

Tags

Railway
Transport
Culture
Art
River
Education

Overview

  • The Neighbors

    Large scale post-war housing with small businesses and warehouses.

  • Ideal for

    People who want to run local businesses.

  • Deal Sealer

    Several places to visit.

  • Not for

    People who like the actual London environment and the busy streets.

  • You will Like

    Statue of William Ewart Gladstone, George Lansbury memorial, Poplar Town Hall and Three Mills Studios.

Bow Map

Estimated Price: £408,232
Average Asking Price: £426,121
Price change in last one year: £47,552
Average Price Paid: £306,123
Average Rent Rates: £1,708

 
 

Property Prices Breakdown in Bow

Average Price for property in Bow is around £408,232 which varies based on type of property you are interested in and ranges from £638,315 for detached house to around £635,286 for semi-detached. Similarly terraced house is around £625,662 and a flat is worth £347,873. Values have been changing and have risen £4,341 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,764 in last 6 months, £47,552 in last 1 year, £82,077 in last 2 years, £98,364 in last 3 years, £98,810 in last 4 years and £106,371 in last 5 years.

Currently average asking price of a property in Bow is around £426,121 based on approximately 572 properties for sale. Same is the case with rental options based on 338 properties up for rent, average asking rent is around £1,708 per month.

Estimated property value in Bow is £408,232. Average asking price is £426,121 while average price paid is £359,288 which is up by £47,552 and Avg. asking rent £1,708.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 area. In last 1 year alone average price buyer paid is around £359,288 based on approximately 572 sales in Bow area alone. If you compare it to last 3 years sales of 1,945 properties where buyers paid around £321,757. 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 £306,123 for 3,067 and average amount paid for purchase of approx. 3,807 properties sold in last 7 years comes to about £299,270 per sale.

 
 

Properties For Sale in Bow

 
 

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 2 bedroom is around £706,249, £619,285 for a 3 bedroom house, £865,998 for a 4 bedroom house and £1,437,500 for a 5 bedroom house. For a flat similarly the prices varies from £316,272 for a single bedroom to £402,611 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 it comes to around average £316,272 for 1 bedroom property, £413,553 for 2 bedroom, £506,622 for 3 bedroom, £779,998 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 £1,168. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,689, £2,254 for 3 bedroom and £2,363 for 4 bedroom. You should be generally be expecting around average £1,150 rent per month for single bedroom property, £1,715 for 2 bedroom, £2,250 for 3 bedroom, £2,600 for 4 bedroom and approximately £1,831 for a 5 bedroom property in Bow area.

Popular Houses in Bow

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.

Sold Properties in Bow

Sum it all up

 The Good

- Good business opportunities
- Affordable houses
 

 Best For

- Young families
- Businessmen

 The Bad

- Fewer economic centres

Transportation in Bow

Browse by Streets in Bow