Hanover Terrace, London, NW1

Street Guide For Hanover Terrace, London, NW1

 

Hanover Terrace, London, NW1 Map

Estimated Price: £16,718,717
Average Asking Price: £1,732,866
Price change in last one year: £1,994,064
Average Price Paid: £11,544,444
Average Rent Rates: £3,531

Greenwood Letting & Estate Agents
14 Woburn Walk, London

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Property Prices Breakdown in Hanover Terrace, London, NW1

Average Price for property in Hanover Terrace, London, NW1 is around £16,718,717 e.g. average price for terraced house is around 16,718,717. Values have been changing and have risen £352,151 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £878,163 in last 6 months, £1,994,064 in last 1 year, £3,316,866 in last 2 years, £4,539,611 in last 3 years, £4,248,771 in last 4 years and £4,901,130 in last 5 years.

Currently average asking price of a property in Hanover Terrace, London, NW1 is around £1,732,866 based on approximately 0 properties for sale. Same is the case with rental options based on 1,511 properties up for rent, average asking rent is around £3,531 per month.

Estimated property value in Hanover Terrace, London, NW1 is £16,718,717. Average asking price is £1,732,866 while average price paid is £11,544,444 which is up by £4,539,611 and Avg. asking rent £3,531.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 Terrace, London, NW1 area. In last 3 years alone average price buyer paid is around £11,544,444 based on approximately 1 sales in Hanover Terrace, London, NW1 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £11,544,444. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £11,544,444 for 1 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 1 bedroom is around £649,999, £1,154,124 for a 2 bedroom house, £1,522,287 for a 3 bedroom house, £2,655,998 for a 4 bedroom house and £5,397,222 for a 5 bedroom house. For a flat similarly the prices varies from £670,664 for a single bedroom to £935,909 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,066,110, £2,928,060 for a 4 bedroom flat and £3,741,667 for a 5 bedroom flat. To sum up the asking prices for properties in Hanover Terrace, London, NW1 it comes to around average £670,458 for 1 bedroom property, £963,948 for 2 bedroom, £1,985,043 for 3 bedroom, £2,821,369 for 4 bedroom and £4,983,333 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 £2,388 for 1 bedroom to £2,936 for 2 bedrooms, £5,020 for 3 bedrooms, £5,256 for 4 bedrooms and £13,563 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,954. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,808, £4,896 for 3 bedroom, £6,619 for 4 bedroom and around £9,710 for 5 bedroom flat. You should be generally be expecting around average £1,973 rent per month for single bedroom property, £2,810 for 2 bedroom, £4,916 for 3 bedroom, £6,499 for 4 bedroom and approximately £11,086 for a 5 bedroom property in Hanover Terrace, London, NW1 area.

Popular Houses in Hanover Terrace, London, NW1

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 Hanover Terrace, London, NW1