CW5

Real Estate Area Guide For CW5

 

CW5 Map

Estimated Price: £256,600
Average Asking Price: £315,359
Price change in last one year: £17,506
Average Price Paid: £212,382
Average Rent Rates: £1,011

 

Property Prices Breakdown in CW5

Average Price for property in CW5 is around £256,600 which varies based on type of property you are interested in and ranges from £371,217 for detached house to around £208,793 for semi-detached. Similarly terraced house is around £178,490 and a flat is worth £153,553. Values have been changing and have risen £864 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £84 in last 6 months, £17,506 in last 1 year, £23,307 in last 2 years, £29,437 in last 3 years, £28,955 in last 4 years and £24,664 in last 5 years.

Currently average asking price of a property in CW5 is around £315,359 based on approximately 511 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £1,011 per month.

Estimated property value in CW5 is £256,600. Average asking price is £315,359 while average price paid is £227,237 which is up by £17,506 and Avg. asking rent £1,011.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 CW5 area. In last 1 year alone average price buyer paid is around £227,237 based on approximately 511 sales in CW5 area alone. If you compare it to last 3 years sales of 1,426 properties where buyers paid around £216,234. 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 £212,382 for 2,246 and average amount paid for purchase of approx. 2,944 properties sold in last 7 years comes to about £211,071 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 £125,000, £174,836 for a 2 bedroom house, £247,607 for a 3 bedroom house, £351,706 for a 4 bedroom house and £594,068 for a 5 bedroom house. For a flat similarly the prices varies from £101,708 for a single bedroom to £130,696 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £158,490. To sum up the asking prices for properties in CW5 it comes to around average £102,817 for 1 bedroom property, £151,357 for 2 bedroom, £240,663 for 3 bedroom, £351,706 for 4 bedroom and £594,068 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 £465 for 1 bedroom to £616 for 2 bedrooms, £749 for 3 bedrooms, £983 for 4 bedrooms and £8,249 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £532. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £602 and £790 for 3 bedroom. You should be generally be expecting around average £498 rent per month for single bedroom property, £608 for 2 bedroom, £756 for 3 bedroom, £982 for 4 bedroom and approximately £8,248 for a 5 bedroom property in CW5 area.

Popular Houses in CW5

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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