Grove Hill, London, E18

Street Guide For Grove Hill, London, E18

 
 

Grove Hill, London, E18 Map

Estimated Price: £460,712
Average Asking Price: £570,118
Price change in last one year: £55,553
Average Price Paid: £320,708
Average Rent Rates: £1,377

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Grove Hill, London, E18

Average Price for property in Grove Hill, London, E18 is around £460,712 which varies based on type of property you are interested in and ranges from £977,444 for detached house to around £679,037 for semi-detached. Similarly terraced house is around £575,059 and a flat is worth £303,484. Values have been changing and have risen £6,599 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,093 in last 6 months, £55,553 in last 1 year, £97,193 in last 2 years, £105,032 in last 3 years, £108,040 in last 4 years and £116,533 in last 5 years.

Currently average asking price of a property in Grove Hill, London, E18 is around £570,118 based on approximately 4 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £1,377 per month.

Estimated property value in Grove Hill, London, E18 is £460,712. Average asking price is £570,118 while average price paid is £443,750 which is up by £55,553 and Avg. asking rent £1,377.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 Grove Hill, London, E18 area. In last 1 year alone average price buyer paid is around £443,750 based on approximately 4 sales in Grove Hill, London, E18 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £350,107. 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 £320,708 for 24 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £317,793 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 £580,000, £533,749 for a 3 bedroom house, £701,842 for a 4 bedroom house and £994,500 for a 5 bedroom house. For a flat similarly the prices varies from £238,569 for a single bedroom to £338,862 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £424,000. To sum up the asking prices for properties in Grove Hill, London, E18 it comes to around average £238,569 for 1 bedroom property, £358,957 for 2 bedroom, £507,619 for 3 bedroom, £701,842 for 4 bedroom and £994,500 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 £1,564 for 2 bedroom to £1,599 for 3 bedroom, £2,076 for 4 bedroom and £2,600 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £980. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,311 and £1,674 for 3 bedroom. You should be generally be expecting around average £980 rent per month for single bedroom property, £1,351 for 2 bedroom, £1,659 for 3 bedroom, £2,076 for 4 bedroom and approximately £2,600 for a 5 bedroom property in Grove Hill, London, E18 area.

Popular Houses in Grove Hill, London, E18

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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Areas in and around Grove Hill, London, E18