KT2

Real Estate Area Guide For KT2

 

KT2 Map

Estimated Price: £716,451
Average Asking Price: £1,539,729
Price change in last one year: £61,824
Average Price Paid: £533,332
Average Rent Rates: £2,613

 

KT2 Rating

According to the ratings we obtained in our survey of the KT2 area, 91% of the people rate it as a Very good neighbourhood overall and 90% consider it a safe locality with a strong sense of community. 90% of the votes are in favour of the entertainment & nightlife options while 100% 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 KT2

Average Price for property in KT2 is around £716,451 which varies based on type of property you are interested in and ranges from £1,526,711 for detached house to around £750,533 for semi-detached. Similarly terraced house is around £609,491 and a flat is worth £386,774. Values have been changing and have risen £3,200 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,677 in last 6 months, £61,824 in last 1 year, £129,418 in last 2 years, £145,431 in last 3 years, £157,629 in last 4 years and £162,175 in last 5 years.

Currently average asking price of a property in KT2 is around £1,539,729 based on approximately 491 properties for sale. Same is the case with rental options based on 233 properties up for rent, average asking rent is around £2,613 per month.

Estimated property value in KT2 is £716,451. Average asking price is £1,539,729 while average price paid is £614,095 which is up by £61,824 and Avg. asking rent £2,613.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 KT2 area. In last 1 year alone average price buyer paid is around £614,095 based on approximately 491 sales in KT2 area alone. If you compare it to last 3 years sales of 1,430 properties where buyers paid around £573,211. 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 £533,332 for 2,437 and average amount paid for purchase of approx. 3,150 properties sold in last 7 years comes to about £514,456 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 £145,000, £517,778 for a 2 bedroom house, £1,038,996 for a 3 bedroom house, £1,435,685 for a 4 bedroom house and £2,437,498 for a 5 bedroom house. For a flat similarly the prices varies from £279,739 for a single bedroom to £456,105 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £807,892. To sum up the asking prices for properties in KT2 it comes to around average £274,927 for 1 bedroom property, £463,505 for 2 bedroom, £939,201 for 3 bedroom, £1,435,685 for 4 bedroom and £2,437,498 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 £1,267 for 1 bedroom to £1,656 for 2 bedrooms, £1,990 for 3 bedrooms, £3,986 for 4 bedrooms and £5,917 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,330. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,697, £2,593 for 3 bedroom and £2,474 for 4 bedroom. You should be generally be expecting around average £1,325 rent per month for single bedroom property, £1,693 for 2 bedroom, £2,383 for 3 bedroom, £3,902 for 4 bedroom and approximately £5,917 for a 5 bedroom property in KT2 area.

Popular Houses in KT2

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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