Average Price for property in Farrer Road, London, N8 is around £1,086,737 which varies based on type of property you are interested in and ranges from £1,169,261 for detached house to around £1,115,094 for semi-detached. Similarly terraced house is around £1,151,835 and a flat is worth £577,456. Values have been changing and have risen £14,664 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £40,294 in last 6 months, £123,084 in last 1 year, £230,263 in last 2 years, £254,027 in last 3 years, £263,547 in last 4 years and £295,988 in last 5 years.
Currently average asking price of a property in Farrer Road, London, N8 is around £626,955 based on approximately 4 properties for sale. Same is the case with rental options based on 276 properties up for rent, average asking rent is around £1,629 per month.
Estimated property value in Farrer Road, London, N8 is £1,086,737. Average asking price is £626,955 while average price paid is £948,687 which is up by £123,084 and Avg. asking rent £1,629.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 Farrer Road, London, N8 area. In last 1 year alone average price buyer paid is around £948,687 based on approximately 4 sales in Farrer Road, London, N8 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £929,474. 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 £858,649 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £817,161 per sale.