Burges Road, London, E6

Street Guide For Burges Road, London, E6

 

Burges Road, London, E6 Map

Estimated Price: £306,808
Average Asking Price: £292,063
Price change in last one year: £35,346
Average Price Paid: £214,250
Average Rent Rates: £1,453

 

Property Prices Breakdown in Burges Road, London, E6

Average Price for property in Burges Road, London, E6 is around £306,808 which varies based on type of property you are interested in and ranges from £381,307 for detached house to around £454,661 for semi-detached. Similarly terraced house is around £319,233 and a flat is worth £213,961. Values have been changing and have risen £3,449 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,495 in last 6 months, £35,346 in last 1 year, £59,156 in last 2 years, £67,425 in last 3 years, £71,091 in last 4 years and £73,220 in last 5 years.

Currently average asking price of a property in Burges Road, London, E6 is around £292,063 based on approximately 6 properties for sale. Same is the case with rental options based on 161 properties up for rent, average asking rent is around £1,453 per month.

Estimated property value in Burges Road, London, E6 is £306,808. Average asking price is £292,063 while average price paid is £254,833 which is up by £35,346 and Avg. asking rent £1,453.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 Burges Road, London, E6 area. In last 1 year alone average price buyer paid is around £254,833 based on approximately 6 sales in Burges Road, London, E6 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £224,842. 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 £214,250 for 32 and average amount paid for purchase of approx. 45 properties sold in last 7 years comes to about £216,855 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 2 bedroom is around £262,222, £308,379 for a 3 bedroom house, £370,373 for a 4 bedroom house and £452,206 for a 5 bedroom house. For a flat similarly the prices varies from £177,659 for a single bedroom to £200,483 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £248,571. To sum up the asking prices for properties in Burges Road, London, E6 it comes to around average £177,659 for 1 bedroom property, £219,643 for 2 bedroom, £302,268 for 3 bedroom, £370,373 for 4 bedroom and £452,206 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 £731 for 1 bedroom to £1,263 for 2 bedrooms, £1,532 for 3 bedrooms, £1,674 for 4 bedrooms and £1,075 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £857. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,153, £1,333 for 3 bedroom and £2,253 for 4 bedroom. You should be generally be expecting around average £827 rent per month for single bedroom property, £1,205 for 2 bedroom, £1,517 for 3 bedroom, £1,719 for 4 bedroom and approximately £1,074 for a 5 bedroom property in Burges Road, London, E6 area.

Popular Houses in Burges Road, London, E6

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 Burges Road, London, E6

Areas in and around Burges Road, London, E6