Fortune Avenue, Burnt Oak, Edgware, HA8

Street Guide For Fortune Avenue, Burnt Oak, Edgware, HA8

 
 

Fortune Avenue, Burnt Oak, Edgware, HA8 Map

Estimated Price: £317,282
Average Asking Price: £542,837
Price change in last one year: £31,188
Average Price Paid: £255,103
Average Rent Rates: £1,513

 

Property Prices Breakdown in Fortune Avenue, Burnt Oak, Edgware, HA8

Average Price for property in Fortune Avenue, Burnt Oak, Edgware, HA8 is around £317,282 which varies based on type of property you are interested in and ranges from £446,841 for terraced house to around £294,826 for a flat. Values have been changing and have risen £3,240 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,364 in last 6 months, £31,188 in last 1 year, £57,359 in last 2 years, £60,418 in last 3 years, £63,608 in last 4 years and £66,227 in last 5 years.

Currently average asking price of a property in Fortune Avenue, Burnt Oak, Edgware, HA8 is around £542,837 based on approximately 3 properties for sale. Same is the case with rental options based on 210 properties up for rent, average asking rent is around £1,513 per month.

Estimated property value in Fortune Avenue, Burnt Oak, Edgware, HA8 is £317,282. Average asking price is £542,837 while average price paid is £290,483 which is up by £31,188 and Avg. asking rent £1,513.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 Fortune Avenue, Burnt Oak, Edgware, HA8 area. In last 1 year alone average price buyer paid is around £290,483 based on approximately 3 sales in Fortune Avenue, Burnt Oak, Edgware, HA8 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £245,040. 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 £255,103 for 16 and average amount paid for purchase of approx. 99 properties sold in last 7 years comes to about £233,922 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, £741,932 for a 4 bedroom house and £861,321 for a 5 bedroom house. For a flat similarly the prices varies from £215,860 for a single bedroom to £351,127 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £450,075. To sum up the asking prices for properties in Fortune Avenue, Burnt Oak, Edgware, HA8 it comes to around average £215,860 for 1 bedroom property, £358,523 for 2 bedroom, £488,928 for 3 bedroom, £741,932 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 £1,317 for 2 bedrooms, £1,697 for 3 bedrooms, £2,288 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, £1,274 for 2 bedroom, £1,674 for 3 bedroom, £2,265 for 4 bedroom and approximately £2,627 for a 5 bedroom property in Fortune Avenue, Burnt Oak, Edgware, HA8 area.

Popular Houses in Fortune Avenue, Burnt Oak, 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.

Transportation in Fortune Avenue, Burnt Oak, Edgware, HA8

Areas in and around Fortune Avenue, Burnt Oak, Edgware, HA8