Downhills Way, London, N17

Street Guide For Downhills Way, London, N17

 
 

Downhills Way, London, N17 Map

Estimated Price: £419,762
Average Asking Price: £340,792
Price change in last one year: £49,553
Average Price Paid: £300,375
Average Rent Rates: £1,403

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

Free House valuation

 

Property Prices Breakdown in Downhills Way, London, N17

Values have been changing and have risen £5,222 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,180 in last 6 months, £49,553 in last 1 year, £91,565 in last 2 years, £104,421 in last 3 years, £105,327 in last 4 years and £118,674 in last 5 years.

Currently average asking price of a property in Downhills Way, London, N17 is around £340,792 based on approximately 2 properties for sale. Same is the case with rental options based on 139 properties up for rent, average asking rent is around £1,403 per month.

Estimated property value in Downhills Way, London, N17 is £419,762. Average asking price is £340,792 while average price paid is £440,000 which is up by £49,553 and Avg. asking rent £1,403.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 Downhills Way, London, N17 area. In last 1 year alone average price buyer paid is around £440,000 based on approximately 2 sales in Downhills Way, London, N17 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £324,285. 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 £300,375 for 16 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £280,608 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 £218,332, £321,064 for a 2 bedroom house, £399,755 for a 3 bedroom house and £567,322 for a 4 bedroom house. For a flat similarly the prices varies from £211,066 for a single bedroom to £260,383 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £259,438 and £359,000 for a 4 bedroom flat. To sum up the asking prices for properties in Downhills Way, London, N17 it comes to around average £212,348 for 1 bedroom property, £271,416 for 2 bedroom, £378,707 for 3 bedroom and £554,302 for 4 bedroom.

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 £722 for 1 bedroom to £1,349 for 2 bedrooms, £1,629 for 3 bedrooms, £1,738 for 4 bedrooms and £2,251 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £975. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,264, £1,534 for 3 bedroom and £2,128 for 4 bedroom. You should be generally be expecting around average £888 rent per month for single bedroom property, £1,278 for 2 bedroom, £1,603 for 3 bedroom, £1,798 for 4 bedroom and approximately £2,251 for a 5 bedroom property in Downhills Way, London, N17 area.

Popular Houses in Downhills Way, London, N17

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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