Drayton Park, London, N5

Street Guide For Drayton Park, London, N5

 

Drayton Park, London, N5 Map

Estimated Price: £536,290
Average Asking Price: £935,988
Price change in last one year: £65,287
Average Price Paid: £352,512
Average Rent Rates: £2,206

 

Property Prices Breakdown in Drayton Park, London, N5

Average Price for property in Drayton Park, London, N5 is around £536,290 which varies based on type of property you are interested in and ranges from £933,691 for detached house to around £805,633 for semi-detached. Similarly terraced house is around £874,476 and a flat is worth £525,850. Values have been changing and have risen £6,753 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,597 in last 6 months, £65,287 in last 1 year, £116,898 in last 2 years, £133,332 in last 3 years, £134,472 in last 4 years and £151,134 in last 5 years.

Currently average asking price of a property in Drayton Park, London, N5 is around £935,988 based on approximately 31 properties for sale. Same is the case with rental options based on 166 properties up for rent, average asking rent is around £2,206 per month.

Estimated property value in Drayton Park, London, N5 is £536,290. Average asking price is £935,988 while average price paid is £445,290 which is up by £65,287 and Avg. asking rent £2,206.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 Drayton Park, London, N5 area. In last 1 year alone average price buyer paid is around £445,290 based on approximately 31 sales in Drayton Park, London, N5 area alone. If you compare it to last 3 years sales of 99 properties where buyers paid around £386,527. 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 £352,512 for 155 and average amount paid for purchase of approx. 455 properties sold in last 7 years comes to about £343,013 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 £698,333, £1,423,800 for a 3 bedroom house, £1,644,000 for a 4 bedroom house and £2,048,333 for a 5 bedroom house. For a flat similarly the prices varies from £476,377 for a single bedroom to £653,593 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £942,408 and £550,000 for a 4 bedroom flat. To sum up the asking prices for properties in Drayton Park, London, N5 it comes to around average £476,377 for 1 bedroom property, £657,220 for 2 bedroom, £1,083,994 for 3 bedroom, £1,544,545 for 4 bedroom and £2,048,333 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 £958 for 1 bedroom to £2,264 for 2 bedrooms, £3,031 for 3 bedrooms, £5,027 for 4 bedrooms and £4,808 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,606. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,144, £2,562 for 3 bedroom, £2,751 for 4 bedroom and around £2,578 for 5 bedroom flat. You should be generally be expecting around average £1,572 rent per month for single bedroom property, £2,158 for 2 bedroom, £2,738 for 3 bedroom, £4,199 for 4 bedroom and approximately £4,362 for a 5 bedroom property in Drayton Park, London, N5 area.

Popular Houses in Drayton Park, London, N5

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 Drayton Park, London, N5