Average Price for property in EC2 is around £865,777 which varies based on type of property you are interested in and ranges from £1,565,760 for detached house to around £1,386,654 for semi-detached. Similarly terraced house is around £1,491,591 and a flat is worth £854,662. Values have been changing and have risen £5,862 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,642 in last 6 months, £112,118 in last 1 year, £182,460 in last 2 years, £252,411 in last 3 years, £222,057 in last 4 years and £252,264 in last 5 years.
Currently average asking price of a property in EC2 is around £1,420,237 based on approximately 100 properties for sale. Same is the case with rental options based on 260 properties up for rent, average asking rent is around £2,791 per month.
Estimated property value in EC2 is £865,777. Average asking price is £1,420,237 while average price paid is £825,394 which is up by £112,118 and Avg. asking rent £2,791.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 EC2 area. In last 1 year alone average price buyer paid is around £825,394 based on approximately 100 sales in EC2 area alone. If you compare it to last 3 years sales of 362 properties where buyers paid around £735,632. 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 £664,549 for 651 and average amount paid for purchase of approx. 807 properties sold in last 7 years comes to about £627,934 per sale.