Bow Lane, London, N12

Street Guide For Bow Lane, London, N12

 
 

Bow Lane, London, N12 Map

Estimated Price: £684,017
Average Asking Price: £625,313
Price change in last one year: £75,479
Average Price Paid: £537,139
Average Rent Rates: £1,605

Talbie's
Talbie's, Prospect House, 2 Athenaeum Road, Whetst

Free House valuation

 

Property Prices Breakdown in Bow Lane, London, N12

Average Price for property in Bow Lane, London, N12 is around £684,017 which varies based on type of property you are interested in and ranges from £719,492 for detached house to around £745,555 for semi-detached. Similarly terraced house is around £707,348 and a flat is worth £383,753. Values have been changing and have risen £8,841 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £24,386 in last 6 months, £75,479 in last 1 year, £136,998 in last 2 years, £159,620 in last 3 years, £162,683 in last 4 years and £184,210 in last 5 years.

Currently average asking price of a property in Bow Lane, London, N12 is around £625,313 based on approximately 3 properties for sale. Same is the case with rental options based on 236 properties up for rent, average asking rent is around £1,605 per month.

Estimated property value in Bow Lane, London, N12 is £684,017. Average asking price is £625,313 while average price paid is £591,666 which is up by £75,479 and Avg. asking rent £1,605.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 Lane, London, N12 area. In last 1 year alone average price buyer paid is around £591,666 based on approximately 3 sales in Bow Lane, London, N12 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £586,495. 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 £537,139 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £534,059 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 £159,970, £515,825 for a 2 bedroom house, £654,231 for a 3 bedroom house, £839,994 for a 4 bedroom house and £1,109,231 for a 5 bedroom house. For a flat similarly the prices varies from £241,150 for a single bedroom to £432,205 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £577,772 and £750,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bow Lane, London, N12 it comes to around average £217,274 for 1 bedroom property, £440,297 for 2 bedroom, £635,117 for 3 bedroom, £837,562 for 4 bedroom and £1,109,231 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 £1,297 for 1 bedroom to £1,521 for 2 bedrooms, £2,054 for 3 bedrooms, £3,109 for 4 bedrooms and £3,493 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,052. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,420, £1,763 for 3 bedroom and £2,557 for 4 bedroom. You should be generally be expecting around average £1,085 rent per month for single bedroom property, £1,426 for 2 bedroom, £1,930 for 3 bedroom, £3,059 for 4 bedroom and approximately £3,492 for a 5 bedroom property in Bow Lane, London, N12 area.

Popular Houses in Bow Lane, London, N12

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 Bow Lane, London, N12