Aldersgate

Area Guide For Aldersgate

Aldersgate Street forms a short distance of the A1 route towards Edinburgh. The ward of Aldersgate straddles the line of London Wall and the old gate and historically was divided into "Within" and "Without" divisions, with a Deputy Alderman appointed for each division. It took in the liberty of St. Martin's Le Grand when that was dis-established in the 16th century. Nonetheless, since ward boundary changed in 2003, almost the entire ward is without and the former liberty and street of St. Martin's is no longer within the ward's boundaries. The old gate was taken down in 1617, and rebuilt in the same year from a design by Gerard Christmas. The gate was damaged in the Great Fire of London in 1666 but was repaired and remained until 1761. Aldersgate Street contained the Bishop of London's chapel and his chambers at London House, which was used from the 18th century because it was closer to St. Paul's Cathedral than his official residence in Fulham, west London.

 
 

Aldersgate Map

Estimated Price: £761,921
Average Asking Price: £835,000
Price change in last one year: £86,555
Average Price Paid: £526,239
Average Rent Rates: £1,266

 
 

Property Prices Breakdown in Aldersgate

Average Price for property in Aldersgate is around £761,921 which varies based on type of property you are interested in and ranges from £672,434 for detached house to around £1,545,496 for terraced house. Similarly flat is around £756,367. Values have been changing and have risen £839 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,163 in last 6 months, £86,555 in last 1 year, £136,057 in last 2 years, £205,091 in last 3 years, £175,563 in last 4 years and £201,535 in last 5 years.

Currently average asking price of a property in Aldersgate is around £835,000 based on approximately 8 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £1,266 per month.

Estimated property value in Aldersgate is £761,921. Average asking price is £835,000 while average price paid is £582,000 which is up by £86,555 and Avg. asking rent £1,266.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 Aldersgate area. In last 1 year alone average price buyer paid is around £582,000 based on approximately 8 sales in Aldersgate area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £579,663. 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 £526,239 for 27 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £514,650 per sale.

 
 

Properties For Sale in Aldersgate

 
 

For a flat the prices of 2 bedroom is £835,000. To sum up the asking prices for properties in Aldersgate it comes to around average £835,000 for 2 bedroom property.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,058. You should be generally be expecting around average £2,058 rent per month for single bedroom property in Aldersgate area.

Popular Houses in Aldersgate

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 Aldersgate

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