EN2

Real Estate Area Guide For EN2

 

EN2 Map

Estimated Price: £440,574
Average Asking Price: £633,066
Price change in last one year: £42,062
Average Price Paid: £326,096
Average Rent Rates: £1,900

 

EN2 Rating

According to the ratings we obtained in our survey of the EN2 area, 86% of the people rate it as a Very good neighbourhood overall and 80% consider it a safe locality with a strong sense of community. 70% of the votes are in favour of the entertainment & nightlife options while 90% of the people recommend the parks and recreational facilities. The restaurants & shopping scene received 80% votes while 90% of the residents gave good reviews for schools, public services and 90% also voted for transport & travel facilities in the neighbourhood.

Property Prices Breakdown in EN2

Average Price for property in EN2 is around £440,574 which varies based on type of property you are interested in and ranges from £762,393 for detached house to around £549,766 for semi-detached. Similarly terraced house is around £426,370 and a flat is worth £292,142. Values have been changing and have risen £4,270 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,976 in last 6 months, £42,062 in last 1 year, £73,354 in last 2 years, £86,997 in last 3 years, £84,170 in last 4 years and £91,004 in last 5 years.

Currently average asking price of a property in EN2 is around £633,066 based on approximately 435 properties for sale. Same is the case with rental options based on 72 properties up for rent, average asking rent is around £1,900 per month.

Estimated property value in EN2 is £440,574. Average asking price is £633,066 while average price paid is £371,077 which is up by £42,062 and Avg. asking rent £1,900.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 EN2 area. In last 1 year alone average price buyer paid is around £371,077 based on approximately 435 sales in EN2 area alone. If you compare it to last 3 years sales of 1,353 properties where buyers paid around £335,912. 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 £326,096 for 2,181 and average amount paid for purchase of approx. 2,975 properties sold in last 7 years comes to about £312,448 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 £426,413, £538,870 for a 3 bedroom house, £778,889 for a 4 bedroom house and £1,121,145 for a 5 bedroom house. For a flat similarly the prices varies from £275,992 for a single bedroom to £353,662 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £638,725 and £646,483 for a 4 bedroom flat. To sum up the asking prices for properties in EN2 it comes to around average £275,992 for 1 bedroom property, £370,637 for 2 bedroom, £548,380 for 3 bedroom, £766,852 for 4 bedroom and £1,121,145 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 £1,294 for 2 bedroom to £1,885 for 3 bedroom, £3,024 for 4 bedroom and £4,061 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £941. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,288 and £1,789 for 3 bedroom. You should be generally be expecting around average £941 rent per month for single bedroom property, £1,289 for 2 bedroom, £1,837 for 3 bedroom, £3,024 for 4 bedroom and approximately £4,062 for a 5 bedroom property in EN2 area.

Popular Houses in EN2

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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