Stratford

The Commercial and Cultural Centre

Area Guide For Stratford

Stratford is a town and district that is located in Eastern London which falls under the Eastern Borough of Newham. It is only 6 miles away from Charing Cross. This area is considered to be one of the major centres in London. It was once an agrarian settlement which fell under the parish of West Ham in the county of Essex. However, it transformed into an industrial suburb after the introduction of railway in the 18th century. Stratford is the location of the London Olympic Park and that is why it managed to experience a positive regeneration as London thrived for the Olympics that took place in the year 2012.

 
 

Tags

Economy
Transport
Church
Cultural
Education

Overview

  • The Neighbors

    Newly constructed houses.

  • Ideal for

    Families and individuals trying to settle into a new home for less money.

  • Deal Sealer

    Newly constructed houses that are widely and easily available.

  • Not for

    People who like to live in fully developed areas.

  • You will Like

    Westfield Strartford City, 2012 Olympic Games Park, Stratford Station and 150 High Street.

Stratford Map

Estimated Price: £348,130
Average Asking Price: £403,006
Price change in last one year: £42,883
Average Price Paid: £244,150
Average Rent Rates: £1,686

 
 

Property Prices Breakdown in Stratford

Average Price for property in Stratford is around £348,130 which varies based on type of property you are interested in and ranges from £417,394 for detached house to around £394,116 for semi-detached. Similarly terraced house is around £374,115 and a flat is worth £316,037. Values have been changing and have risen £5,139 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,872 in last 6 months, £42,883 in last 1 year, £74,036 in last 2 years, £77,557 in last 3 years, £80,573 in last 4 years and £91,355 in last 5 years.

Currently average asking price of a property in Stratford is around £403,006 based on approximately 508 properties for sale. Same is the case with rental options based on 411 properties up for rent, average asking rent is around £1,686 per month.

Estimated property value in Stratford is £348,130. Average asking price is £403,006 while average price paid is £284,543 which is up by £42,883 and Avg. asking rent £1,686.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 Stratford area. In last 1 year alone average price buyer paid is around £284,543 based on approximately 508 sales in Stratford area alone. If you compare it to last 3 years sales of 1,369 properties where buyers paid around £253,806. 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 £244,150 for 2,032 and average amount paid for purchase of approx. 2,938 properties sold in last 7 years comes to about £241,570 per sale.

 
 

Properties For Sale in Stratford

 
 

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 £300,000, £359,957 for a 2 bedroom house, £411,878 for a 3 bedroom house, £563,662 for a 4 bedroom house and £538,332 for a 5 bedroom house. For a flat similarly the prices varies from £328,718 for a single bedroom to £395,744 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £446,378. To sum up the asking prices for properties in Stratford it comes to around average £328,220 for 1 bedroom property, £393,397 for 2 bedroom, £423,378 for 3 bedroom, £563,662 for 4 bedroom and £538,332 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 £809 for 1 bedroom to £1,542 for 2 bedrooms, £1,718 for 3 bedrooms, £2,188 for 4 bedrooms and £2,513 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,211. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,632, £2,138 for 3 bedroom and £1,819 for 4 bedroom. You should be generally be expecting around average £1,190 rent per month for single bedroom property, £1,621 for 2 bedroom, £1,979 for 3 bedroom, £2,123 for 4 bedroom and approximately £2,513 for a 5 bedroom property in Stratford area.

Popular Houses in Stratford

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.

Sold Properties in Stratford

Sum it all up

 The Good

- Newly constructed houses
- Good business opportunities
- Refurbished area
 

 Best For

- Businessmen
- Younger families
- People looking for newer employment opportunities

 The Bad

- Not fully developed
 

Transportation in Stratford

Browse by Streets in Stratford