Average Price for property in Hanover Avenue, London, E16 is around £537,993 which varies based on type of property you are interested in and ranges from £410,252 for terraced house to around £563,755 for a flat. Values have been changing and have risen £6,408 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,255 in last 6 months, £65,302 in last 1 year, £110,308 in last 2 years, £125,919 in last 3 years, £126,014 in last 4 years and £136,648 in last 5 years.
Currently average asking price of a property in Hanover Avenue, London, E16 is around £450,938 based on approximately 12 properties for sale. Same is the case with rental options based on 501 properties up for rent, average asking rent is around £1,716 per month.
Estimated property value in Hanover Avenue, London, E16 is £537,993. Average asking price is £450,938 while average price paid is £403,083 which is up by £65,302 and Avg. asking rent £1,716.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 Hanover Avenue, London, E16 area. In last 1 year alone average price buyer paid is around £403,083 based on approximately 12 sales in Hanover Avenue, London, E16 area alone. If you compare it to last 3 years sales of 27 properties where buyers paid around £375,979. 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 £369,262 for 32 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £366,420 per sale.