Colne Road, London, N21

Street Guide For Colne Road, London, N21

 

Colne Road, London, N21 Map

Estimated Price: £609,548
Average Asking Price: £847,323
Price change in last one year: £68,274
Average Price Paid: £473,173
Average Rent Rates: £1,533

 

Property Prices Breakdown in Colne Road, London, N21

Average Price for property in Colne Road, London, N21 is around £609,548 which varies based on type of property you are interested in and ranges from £669,622 for detached house to around £640,308 for semi-detached. Similarly terraced house is around £578,925. Values have been changing and have risen £7,701 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,285 in last 6 months, £68,274 in last 1 year, £124,817 in last 2 years, £138,799 in last 3 years, £137,641 in last 4 years and £154,262 in last 5 years.

Currently average asking price of a property in Colne Road, London, N21 is around £847,323 based on approximately 4 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £1,533 per month.

Estimated property value in Colne Road, London, N21 is £609,548. Average asking price is £847,323 while average price paid is £516,250 which is up by £68,274 and Avg. asking rent £1,533.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 Colne Road, London, N21 area. In last 1 year alone average price buyer paid is around £516,250 based on approximately 4 sales in Colne Road, London, N21 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £495,508. 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 £473,173 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £465,889 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 £343,967, £444,950 for a 2 bedroom house, £579,999 for a 3 bedroom house, £969,727 for a 4 bedroom house and £1,557,993 for a 5 bedroom house. For a flat similarly the prices varies from £261,492 for a single bedroom to £384,243 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £459,975. To sum up the asking prices for properties in Colne Road, London, N21 it comes to around average £276,956 for 1 bedroom property, £390,988 for 2 bedroom, £569,997 for 3 bedroom, £969,727 for 4 bedroom and £1,557,993 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 £702 for 1 bedroom to £1,475 for 2 bedrooms, £1,722 for 3 bedrooms, £1,929 for 4 bedrooms and £4,901 for 5 bedrooms house. 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 £1,393 and £1,525 for 3 bedroom. You should be generally be expecting around average £992 rent per month for single bedroom property, £1,405 for 2 bedroom, £1,604 for 3 bedroom, £1,929 for 4 bedroom and approximately £4,901 for a 5 bedroom property in Colne Road, London, N21 area.

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 Colne Road, London, N21