Average Price for property in Grove Terrace, London, NW5 is around £2,360,114 which varies based on type of property you are interested in and ranges from £2,556,520 for detached house to around £4,029,600 for semi-detached. Similarly terraced house is around £2,546,769 and a flat is worth £1,053,746. Values have been changing and have risen £44,730 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £119,763 in last 6 months, £250,872 in last 1 year, £452,376 in last 2 years, £615,994 in last 3 years, £594,011 in last 4 years and £667,557 in last 5 years.
Currently average asking price of a property in Grove Terrace, London, NW5 is around £921,642 based on approximately 1 properties for sale. Same is the case with rental options based on 205 properties up for rent, average asking rent is around £2,667 per month.
Estimated property value in Grove Terrace, London, NW5 is £2,360,114. Average asking price is £921,642 while average price paid is £2,050,000 which is up by £250,872 and Avg. asking rent £2,667.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 Terrace, London, NW5 area. In last 1 year alone average price buyer paid is around £2,050,000 based on approximately 1 sales in Grove Terrace, London, NW5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £1,932,000. 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 £1,945,875 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £1,945,875 per sale.