Average Price for property in Chinatown is around £1,035,057 which varies based on type of property you are interested in and ranges from £1,321,328 for detached house to around £2,487,062 for semi-detached. Similarly terraced house is around £2,389,507 and a flat is worth £950,772. Values have been changing and have risen £3,248 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,114 in last 6 months, £57,531 in last 1 year, £183,540 in last 2 years, £271,612 in last 3 years, £290,148 in last 4 years and £309,473 in last 5 years.
Currently average asking price of a property in Chinatown is around £1,369,494 based on approximately 20 properties for sale. Same is the case with rental options based on 155 properties up for rent, average asking rent is around £3,240 per month.
Estimated property value in Chinatown is £1,035,057. Average asking price is £1,369,494 while average price paid is £1,422,125 which is up by £57,531 and Avg. asking rent £3,240.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 Chinatown area. In last 1 year alone average price buyer paid is around £1,422,125 based on approximately 20 sales in Chinatown area alone. If you compare it to last 3 years sales of 81 properties where buyers paid around £1,134,734. 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 £872,480 for 180 and average amount paid for purchase of approx. 223 properties sold in last 7 years comes to about £831,062 per sale.