Elgin Mews, London, W11

Street Guide For Elgin Mews, London, W11

 
 

Elgin Mews, London, W11 Map

Estimated Price: £326,400
Average Asking Price: £2,021,316
Price change in last one year: £38,733
Average Price Paid: £212,500
Average Rent Rates: £4,052

Karan Fossils
229 High Street, Acton, London, W3 9BY
Sycamore Associates LLP
36a Notting Hill Gate, London W11 3HX

Free House valuation

 

Property Prices Breakdown in Elgin Mews, London, W11

Average Price for property in Elgin Mews, London, W11 is around £326,400 which varies based on type of property you are interested in and ranges from £339,220 for terraced house to around £313,581 for a flat. Values have been changing and have risen £4,062 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,393 in last 6 months, £38,733 in last 1 year, £68,982 in last 2 years, £84,585 in last 3 years, £91,110 in last 4 years and £99,479 in last 5 years.

Currently average asking price of a property in Elgin Mews, London, W11 is around £2,021,316 based on approximately 0 properties for sale. Same is the case with rental options based on 592 properties up for rent, average asking rent is around £4,052 per month.

Estimated property value in Elgin Mews, London, W11 is £326,400. Average asking price is £2,021,316 while average price paid is £212,500 which is up by £99,479 and Avg. asking rent £4,052.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 Elgin Mews, London, W11 area. In last 5 years alone average price buyer paid is around £212,500 based on approximately 2 sales in Elgin Mews, London, W11 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £212,500.

 
 
 
 

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 £995,000, £1,437,500 for a 2 bedroom house, £1,941,805 for a 3 bedroom house, £4,691,250 for a 4 bedroom house and £4,963,000 for a 5 bedroom house. For a flat similarly the prices varies from £880,708 for a single bedroom to £1,291,277 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,077,896, £4,917,667 for a 4 bedroom flat and £5,400,000 for a 5 bedroom flat. To sum up the asking prices for properties in Elgin Mews, London, W11 it comes to around average £882,232 for 1 bedroom property, £1,301,190 for 2 bedroom, £2,026,862 for 3 bedroom, £4,788,286 for 4 bedroom and £5,087,857 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 £2,533 for 1 bedroom to £4,940 for 2 bedrooms, £6,208 for 3 bedrooms, £9,759 for 4 bedrooms and £15,058 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,313. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,982, £3,805 for 3 bedroom and £9,208 for 4 bedroom. You should be generally be expecting around average £2,340 rent per month for single bedroom property, £3,301 for 2 bedroom, £4,756 for 3 bedroom, £9,701 for 4 bedroom and approximately £15,058 for a 5 bedroom property in Elgin Mews, London, W11 area.

Popular Houses in Elgin Mews, London, W11

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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