Farm Road, Edgware, HA8

Street Guide For Farm Road, Edgware, HA8

 
 

Farm Road, Edgware, HA8 Map

Estimated Price: £491,361
Average Asking Price: £544,423
Price change in last one year: £48,296
Average Price Paid: £383,678
Average Rent Rates: £1,510

 

Property Prices Breakdown in Farm Road, Edgware, HA8

Average Price for property in Farm Road, Edgware, HA8 is around £491,361 which varies based on type of property you are interested in and ranges from £1,361,010 for detached house to around £493,147 for semi-detached. Similarly terraced house is around £484,359 and a flat is worth £349,979. Values have been changing and have risen £5,016 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,048 in last 6 months, £48,296 in last 1 year, £88,824 in last 2 years, £93,559 in last 3 years, £98,496 in last 4 years and £102,549 in last 5 years.

Currently average asking price of a property in Farm Road, Edgware, HA8 is around £544,423 based on approximately 8 properties for sale. Same is the case with rental options based on 211 properties up for rent, average asking rent is around £1,510 per month.

Estimated property value in Farm Road, Edgware, HA8 is £491,361. Average asking price is £544,423 while average price paid is £453,431 which is up by £48,296 and Avg. asking rent £1,510.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 Farm Road, Edgware, HA8 area. In last 1 year alone average price buyer paid is around £453,431 based on approximately 8 sales in Farm Road, Edgware, HA8 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £410,861. 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 £383,678 for 20 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £357,302 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 £388,106, £494,478 for a 3 bedroom house, £750,059 for a 4 bedroom house and £861,321 for a 5 bedroom house. For a flat similarly the prices varies from £216,805 for a single bedroom to £347,531 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £450,075. To sum up the asking prices for properties in Farm Road, Edgware, HA8 it comes to around average £216,805 for 1 bedroom property, £355,448 for 2 bedroom, £488,928 for 3 bedroom, £750,059 for 4 bedroom and £861,321 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 £820 for 1 bedroom to £1,332 for 2 bedrooms, £1,697 for 3 bedrooms, £2,281 for 4 bedrooms and £2,820 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £989. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,269, £1,541 for 3 bedroom, £1,699 for 4 bedroom and around £1,660 for 5 bedroom flat. You should be generally be expecting around average £956 rent per month for single bedroom property, £1,276 for 2 bedroom, £1,674 for 3 bedroom, £2,259 for 4 bedroom and approximately £2,627 for a 5 bedroom property in Farm Road, Edgware, HA8 area.

Popular Houses in Farm Road, Edgware, HA8

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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