Bromley Road, London, N18

Street Guide For Bromley Road, London, N18

 
 

Bromley Road, London, N18 Map

Estimated Price: £364,024
Average Asking Price: £338,446
Price change in last one year: £39,602
Average Price Paid: £281,961
Average Rent Rates: £2,119

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

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Property Prices Breakdown in Bromley Road, London, N18

Average Price for property in Bromley Road, London, N18 is around £364,024 which varies based on type of property you are interested in and ranges from £406,245 for semi-detached to around £360,777 for terraced house. Values have been changing and have risen £3,968 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,169 in last 6 months, £39,602 in last 1 year, £72,103 in last 2 years, £84,398 in last 3 years, £85,490 in last 4 years and £91,716 in last 5 years.

Currently average asking price of a property in Bromley Road, London, N18 is around £338,446 based on approximately 2 properties for sale. Same is the case with rental options based on 63 properties up for rent, average asking rent is around £2,119 per month.

Estimated property value in Bromley Road, London, N18 is £364,024. Average asking price is £338,446 while average price paid is £334,997 which is up by £39,602 and Avg. asking rent £2,119.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 Bromley Road, London, N18 area. In last 1 year alone average price buyer paid is around £334,997 based on approximately 2 sales in Bromley Road, London, N18 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £301,249. 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 £281,961 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £275,033 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 £289,995, £264,979 for a 2 bedroom house, £330,042 for a 3 bedroom house, £362,905 for a 4 bedroom house and £569,974 for a 5 bedroom house. For a flat similarly the prices varies from £165,648 for a single bedroom to £236,226 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £241,426 and £220,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bromley Road, London, N18 it comes to around average £176,952 for 1 bedroom property, £244,213 for 2 bedroom, £317,636 for 3 bedroom, £351,913 for 4 bedroom and £569,974 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 £662 for 1 bedroom to £1,379 for 2 bedroom, £1,503 for 3 bedroom and £1,716 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,009. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,183 and £1,456 for 3 bedroom. You should be generally be expecting around average £936 rent per month for single bedroom property, £1,320 for 2 bedroom, £1,498 for 3 bedroom and approximately £1,716 for 4 bedroom property in Bromley Road, London, N18 area.

Popular Houses in Bromley Road, London, N18

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.

Transportation in Bromley Road, London, N18

Areas in and around Bromley Road, London, N18