Forest Drive East, London, E11

Street Guide For Forest Drive East, London, E11

 
 

Forest Drive East, London, E11 Map

Estimated Price: £564,097
Average Asking Price: £428,744
Price change in last one year: £69,626
Average Price Paid: £445,479
Average Rent Rates: £1,469

Kingsworth IPG
16-18 Woodford Road, London

Free House valuation

 

Property Prices Breakdown in Forest Drive East, London, E11

Average Price for property in Forest Drive East, London, E11 is around £564,097 which varies based on type of property you are interested in and ranges from £687,840 for detached house to around £678,637 for semi-detached. Similarly terraced house is around £618,320 and a flat is worth £293,582. Values have been changing and have risen £7,941 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,245 in last 6 months, £69,626 in last 1 year, £111,730 in last 2 years, £127,127 in last 3 years, £134,999 in last 4 years and £146,303 in last 5 years.

Currently average asking price of a property in Forest Drive East, London, E11 is around £428,744 based on approximately 3 properties for sale. Same is the case with rental options based on 187 properties up for rent, average asking rent is around £1,469 per month.

Estimated property value in Forest Drive East, London, E11 is £564,097. Average asking price is £428,744 while average price paid is £568,331 which is up by £69,626 and Avg. asking rent £1,469.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 Forest Drive East, London, E11 area. In last 1 year alone average price buyer paid is around £568,331 based on approximately 3 sales in Forest Drive East, London, E11 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £442,699. 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 £445,479 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £420,905 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 1 bedroom is around £167,495, £392,307 for a 2 bedroom house, £487,207 for a 3 bedroom house, £619,808 for a 4 bedroom house and £873,660 for a 5 bedroom house. For a flat similarly the prices varies from £209,569 for a single bedroom to £300,040 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £365,000. To sum up the asking prices for properties in Forest Drive East, London, E11 it comes to around average £207,566 for 1 bedroom property, £316,700 for 2 bedroom, £460,543 for 3 bedroom, £619,808 for 4 bedroom and £873,660 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 £692 for 1 bedroom to £1,386 for 2 bedrooms, £1,625 for 3 bedrooms, £2,259 for 4 bedrooms and £2,474 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £958. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,273, £1,403 for 3 bedroom and £2,188 for 4 bedroom. You should be generally be expecting around average £919 rent per month for single bedroom property, £1,291 for 2 bedroom, £1,541 for 3 bedroom, £2,254 for 4 bedroom and approximately £2,474 for a 5 bedroom property in Forest Drive East, London, E11 area.

Popular Houses in Forest Drive East, London, E11

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.

Transportation in Forest Drive East, London, E11

Areas in and around Forest Drive East, London, E11