Farringdon Without

Area Guide For Farringdon Without

Farringdon Without is a Ward in the City of London, a historic and financial center of London. The Ward was split in two in 1394: Farringdon Without and Farringdon Within. "Without" and "Within" denote whether the ward fell outside or within the London Wall.

 
 

Farringdon Without Map

Estimated Price: £798,342
Average Asking Price: £1,285,423
Price change in last one year: £92,413
Average Price Paid: £598,020
Average Rent Rates: £2,865

 
 

Property Prices Breakdown in Farringdon Without

Average Price for property in Farringdon Without is around £798,342 which varies based on type of property you are interested in and ranges from £1,424,664 for detached house to around £3,046,114 for semi-detached. Similarly terraced house is around £1,696,563 and a flat is worth £775,349. Values have been changing and have risen £895 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,376 in last 6 months, £92,413 in last 1 year, £145,268 in last 2 years, £218,976 in last 3 years, £187,450 in last 4 years and £215,179 in last 5 years.

Currently average asking price of a property in Farringdon Without is around £1,285,423 based on approximately 59 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £2,865 per month.

Estimated property value in Farringdon Without is £798,342. Average asking price is £1,285,423 while average price paid is £766,442 which is up by £92,413 and Avg. asking rent £2,865.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 Farringdon Without area. In last 1 year alone average price buyer paid is around £766,442 based on approximately 59 sales in Farringdon Without area alone. If you compare it to last 3 years sales of 213 properties where buyers paid around £662,555. 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 £598,020 for 367 and average amount paid for purchase of approx. 591 properties sold in last 7 years comes to about £541,936 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 £805,000, £2,850,000 for a 2 bedroom house, £2,500,000 for a 3 bedroom house and £3,600,000 for a 4 bedroom house. For a flat similarly the prices varies from £812,212 for a single bedroom to £1,187,085 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,710,000 and £3,600,000 for a 4 bedroom flat. To sum up the asking prices for properties in Farringdon Without it comes to around average £811,954 for 1 bedroom property, £1,256,373 for 2 bedroom, £2,105,000 for 3 bedroom and £3,600,000 for 4 bedroom.

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 £823 for 1 bedroom to £4,929 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,356. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,955 and £4,977 for 3 bedroom. You should be generally be expecting around average £2,326 rent per month for single bedroom property, £3,096 for 2 bedroom and approximately £4,977 for 3 bedroom property in Farringdon Without area.

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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