EC4N

Real Estate Area Guide For EC4N

 

EC4N Map

Estimated Price: £818,442
Average Asking Price: £1,504,887
Price change in last one year: £104,545
Average Price Paid: £625,133
Average Rent Rates: £2,615

 

EC4N Rating

According to the ratings we obtained in our survey of the EC4N area, 73% of the people rate it as a Good neighbourhood overall and 80% consider it a safe locality with a strong sense of community. 80% of the votes are in favour of the entertainment & nightlife options while 60% of the people recommend the parks and recreational facilities. The restaurants & shopping scene received 80% votes while 60% of the residents gave good reviews for schools, public services and 80% also voted for transport & travel facilities in the neighbourhood.

Property Prices Breakdown in EC4N

Average Price for property in EC4N is around £818,442 which varies based on type of property you are interested in and ranges from £384,875 for detached house to around £385,539 for semi-detached. Similarly terraced house is around £2,677,057 and a flat is worth £813,094. Values have been changing and have risen £1,995 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,519 in last 6 months, £104,545 in last 1 year, £159,980 in last 2 years, £230,508 in last 3 years, £202,212 in last 4 years and £227,682 in last 5 years.

Currently average asking price of a property in EC4N is around £1,504,887 based on approximately 41 properties for sale. Same is the case with rental options based on 134 properties up for rent, average asking rent is around £2,615 per month.

Estimated property value in EC4N is £818,442. Average asking price is £1,504,887 while average price paid is £808,191 which is up by £104,545 and Avg. asking rent £2,615.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 EC4N area. In last 1 year alone average price buyer paid is around £808,191 based on approximately 41 sales in EC4N area alone. If you compare it to last 3 years sales of 134 properties where buyers paid around £688,897. 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 £625,133 for 231 and average amount paid for purchase of approx. 323 properties sold in last 7 years comes to about £571,768 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 3 bedroom is around £2,500,000. For a flat similarly the prices varies from £768,385 for a single bedroom to £1,183,457 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £4,350,000. To sum up the asking prices for properties in EC4N it comes to around average £768,385 for 1 bedroom property, £1,183,457 for 2 bedroom and £3,425,000 for 3 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 is £3,142 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,620. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,372 and £9,100 for 3 bedroom. You should be generally be expecting around average £2,620 rent per month for single bedroom property, £3,364 for 2 bedroom and approximately £9,100 for 3 bedroom property in EC4N area.

Popular Houses in EC4N

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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