Ermine Road, London, N15

Street Guide For Ermine Road, London, N15

 
 

Ermine Road, London, N15 Map

Estimated Price: £303,757
Average Asking Price: £426,361
Price change in last one year: £34,558
Average Price Paid: £215,000
Average Rent Rates: £1,180

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

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Property Prices Breakdown in Ermine Road, London, N15

Average Price for property in Ermine Road, London, N15 is around £303,757 which varies based on type of property you are interested in and ranges from £354,529 for terraced house to around £168,363 for a flat. Values have been changing and have risen £4,139 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,367 in last 6 months, £34,558 in last 1 year, £62,884 in last 2 years, £73,897 in last 3 years, £75,313 in last 4 years and £84,526 in last 5 years.

Currently average asking price of a property in Ermine Road, London, N15 is around £426,361 based on approximately 1 properties for sale. Same is the case with rental options based on 102 properties up for rent, average asking rent is around £1,180 per month.

Estimated property value in Ermine Road, London, N15 is £303,757. Average asking price is £426,361 while average price paid is £150,000 which is up by £34,558 and Avg. asking rent £1,180.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 Ermine Road, London, N15 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 1 sales in Ermine Road, London, N15 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £215,000. 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 £215,000 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £195,800 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 £436,345, £536,571 for a 3 bedroom house, £662,135 for a 4 bedroom house and £494,950 for a 5 bedroom house. For a flat similarly the prices varies from £264,306 for a single bedroom to £323,377 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £385,789 and £405,000 for a 4 bedroom flat. To sum up the asking prices for properties in Ermine Road, London, N15 it comes to around average £264,306 for 1 bedroom property, £361,033 for 2 bedroom, £505,158 for 3 bedroom, £604,994 for 4 bedroom and £494,950 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 £698 for 1 bedroom to £1,445 for 2 bedrooms, £1,808 for 3 bedrooms, £2,263 for 4 bedrooms and £2,600 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £973. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,272, £1,526 for 3 bedroom and £1,603 for 4 bedroom. You should be generally be expecting around average £944 rent per month for single bedroom property, £1,287 for 2 bedroom, £1,620 for 3 bedroom, £2,098 for 4 bedroom and approximately £2,600 for a 5 bedroom property in Ermine Road, London, N15 area.

Popular Houses in Ermine Road, London, N15

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 Ermine Road, London, N15