Hanger Lane

Area Guide For Hanger Lane

Hanger Lane is a major road in the Ealing and Park Royal areas of London. It forms the westernmost part of the A406 North Circular as it runs north from Gunnersbury Avenue as it crosses the A4020 Uxbridge Road at Ealing Common to meet the A40 Western Avenue at the Hanger Lane Gyratory System. This complex and busy junction incorporates the Hanger Lane tube station on the London Underground.


Hanger Lane Map

Estimated Price: £720,489
Average Asking Price: £654,048
Price change in last one year: £71,648
Average Price Paid: £497,035
Average Rent Rates: £2,013


Property Prices Breakdown in Hanger Lane

Average Price for property in Hanger Lane is around £720,489 which varies based on type of property you are interested in and ranges from £1,462,195 for detached house to around £963,027 for semi-detached. Similarly terraced house is around £815,056 and a flat is worth £440,408. Values have been changing and have risen £4,929 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,896 in last 6 months, £71,648 in last 1 year, £151,956 in last 2 years, £189,455 in last 3 years, £194,661 in last 4 years and £203,859 in last 5 years.

Currently average asking price of a property in Hanger Lane is around £654,048 based on approximately 126 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £2,013 per month.

Estimated property value in Hanger Lane is £720,489. Average asking price is £654,048 while average price paid is £588,053 which is up by £71,648 and Avg. asking rent £2,013.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 Hanger Lane area. In last 1 year alone average price buyer paid is around £588,053 based on approximately 126 sales in Hanger Lane area alone. If you compare it to last 3 years sales of 402 properties where buyers paid around £529,648. 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 £497,035 for 631 and average amount paid for purchase of approx. 818 properties sold in last 7 years comes to about £482,428 per sale.


Properties For Sale in Hanger Lane


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 £447,183, £755,829 for a 3 bedroom house, £852,000 for a 4 bedroom house and £1,113,283 for a 5 bedroom house. For a flat similarly the prices varies from £322,492 for a single bedroom to £516,229 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £520,673. To sum up the asking prices for properties in Hanger Lane it comes to around average £322,492 for 1 bedroom property, £502,420 for 2 bedroom, £633,548 for 3 bedroom, £852,000 for 4 bedroom and £1,113,283 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 £1,300 for 1 bedroom to £1,798 for 2 bedrooms, £2,451 for 3 bedrooms, £3,161 for 4 bedrooms and £3,150 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,293. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,686 and £2,093 for 3 bedroom. You should be generally be expecting around average £1,293 rent per month for single bedroom property, £1,690 for 2 bedroom, £2,218 for 3 bedroom, £3,161 for 4 bedroom and approximately £3,150 for a 5 bedroom property in Hanger Lane area.

Popular Houses in Hanger Lane

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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