Hormead Road, London, W9

Street Guide For Hormead Road, London, W9

 

Hormead Road, London, W9 Map

Estimated Price: £692,748
Average Asking Price: £1,148,348
Price change in last one year: £66,840
Average Price Paid: £510,500
Average Rent Rates: £3,458

 

Property Prices Breakdown in Hormead Road, London, W9

Values have been changing and have risen £5,396 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,625 in last 6 months, £66,840 in last 1 year, £142,897 in last 2 years, £176,078 in last 3 years, £190,596 in last 4 years and £200,800 in last 5 years.

Currently average asking price of a property in Hormead Road, London, W9 is around £1,148,348 based on approximately 2 properties for sale. Same is the case with rental options based on 757 properties up for rent, average asking rent is around £3,458 per month.

Estimated property value in Hormead Road, London, W9 is £692,748. Average asking price is £1,148,348 while average price paid is £486,500 which is up by £66,840 and Avg. asking rent £3,458.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 Hormead Road, London, W9 area. In last 1 year alone average price buyer paid is around £486,500 based on approximately 2 sales in Hormead Road, London, W9 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £582,444. 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 £510,500 for 14 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £471,280 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 £440,000, £814,988 for a 2 bedroom house, £1,528,182 for a 3 bedroom house, £4,041,667 for a 4 bedroom house and £8,188,889 for a 5 bedroom house. For a flat similarly the prices varies from £574,385 for a single bedroom to £771,847 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,171,709, £1,971,869 for a 4 bedroom flat and £3,300,000 for a 5 bedroom flat. To sum up the asking prices for properties in Hormead Road, London, W9 it comes to around average £569,266 for 1 bedroom property, £772,588 for 2 bedroom, £1,207,356 for 3 bedroom, £3,067,644 for 4 bedroom and £6,684,615 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 £1,322 for 1 bedroom to £2,425 for 2 bedrooms, £5,665 for 3 bedrooms, £12,242 for 4 bedrooms and £12,350 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,868. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,553, £3,868 for 3 bedroom, £6,909 for 4 bedroom and around £5,850 for 5 bedroom flat. You should be generally be expecting around average £1,859 rent per month for single bedroom property, £3,511 for 2 bedroom, £4,077 for 3 bedroom, £7,941 for 4 bedroom and approximately £11,050 for a 5 bedroom property in Hormead Road, London, W9 area.

Popular Houses in Hormead Road, London, W9

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 Hormead Road, London, W9