KT1

Real Estate Area Guide For KT1

 

KT1 Map

Estimated Price: £514,016
Average Asking Price: £544,406
Price change in last one year: £47,086
Average Price Paid: £385,923
Average Rent Rates: £1,905

Forest Hill Real Estate Inc
Southall Town Hall, 1 High St, Southall, Middlesex

Free House valuation

 

KT1 Rating

According to the ratings we obtained in our survey of the KT1 area, 86% of the people rate it as a Very good neighbourhood overall and 80% consider it a safe locality with a strong sense of community. 80% of the votes are in favour of the entertainment & nightlife options while 90% of the people recommend the parks and recreational facilities. The restaurants & shopping scene received 90% votes while 90% of the residents gave good reviews for schools, public services and 90% also voted for transport & travel facilities in the neighbourhood.

Property Prices Breakdown in KT1

Average Price for property in KT1 is around £514,016 which varies based on type of property you are interested in and ranges from £913,901 for detached house to around £656,191 for semi-detached. Similarly terraced house is around £484,553 and a flat is worth £381,210. Values have been changing and have risen £2,172 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,644 in last 6 months, £47,086 in last 1 year, £80,592 in last 2 years, £104,482 in last 3 years, £108,504 in last 4 years and £111,442 in last 5 years.

Currently average asking price of a property in KT1 is around £544,406 based on approximately 327 properties for sale. Same is the case with rental options based on 177 properties up for rent, average asking rent is around £1,905 per month.

Estimated property value in KT1 is £514,016. Average asking price is £544,406 while average price paid is £437,816 which is up by £47,086 and Avg. asking rent £1,905.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 KT1 area. In last 1 year alone average price buyer paid is around £437,816 based on approximately 327 sales in KT1 area alone. If you compare it to last 3 years sales of 1,052 properties where buyers paid around £407,388. 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 £385,923 for 1,723 and average amount paid for purchase of approx. 2,183 properties sold in last 7 years comes to about £376,648 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 £265,000, £497,314 for a 2 bedroom house, £607,752 for a 3 bedroom house, £841,919 for a 4 bedroom house and £982,129 for a 5 bedroom house. For a flat similarly the prices varies from £285,261 for a single bedroom to £383,891 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £707,772. To sum up the asking prices for properties in KT1 it comes to around average £284,647 for 1 bedroom property, £413,852 for 2 bedroom, £632,757 for 3 bedroom, £841,919 for 4 bedroom and £982,129 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 £1,431 for 2 bedroom to £2,214 for 3 bedroom, £1,789 for 4 bedroom and £2,807 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,237. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,168, £3,079 for 3 bedroom and £550 for 5 bedroom. You should be generally be expecting around average £1,237 rent per month for single bedroom property, £2,083 for 2 bedroom, £2,575 for 3 bedroom, £1,789 for 4 bedroom and approximately £2,356 for a 5 bedroom property in KT1 area.

Popular Houses in KT1

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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