Island Gardens

The Greener side of London

Area Guide For Island Gardens

Island Gardens is the name of a park that is located in the Southern part of East London. The main area where Island Gardens lie is known as the Isle of Dogs. This place falls under London Borough of Tower Hamlets. Right in the South is Northern bank of River Thames. This park was opened back in the 18th century by Will Crooks. There are several tourists and visitors who come in to see the park as it has a good atmosphere and provides scenic beauty to the people.

 
 

Tags

Park
Recreational Centres
Greenry
Tourists
Public Place

Overview

  • The Neighbors

    Grass, tourists and beautiful view for the people who visit.

  • Ideal for

    Tourists and people who enjoy sight seeing.

  • Deal Sealer

    Scenic beauty

  • Not for

    People who can't afford expensive property.

  • You will Like

    Tunnel under the Thames and Maritime Museum.

Island Gardens Map

Estimated Price: £481,993
Average Asking Price: £473,267
Price change in last one year: £50,250
Average Price Paid: £352,909
Average Rent Rates: £1,952

 
 

Property Prices Breakdown in Island Gardens

Average Price for property in Island Gardens is around £481,993 which varies based on type of property you are interested in and ranges from £491,827 for detached house to around £530,666 for semi-detached. Similarly terraced house is around £555,294 and a flat is worth £464,442. Values have been changing and have risen £5,445 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,221 in last 6 months, £50,250 in last 1 year, £99,523 in last 2 years, £109,073 in last 3 years, £113,305 in last 4 years and £114,885 in last 5 years.

Currently average asking price of a property in Island Gardens is around £473,267 based on approximately 278 properties for sale. Same is the case with rental options based on 251 properties up for rent, average asking rent is around £1,952 per month.

Estimated property value in Island Gardens is £481,993. Average asking price is £473,267 while average price paid is £412,857 which is up by £50,250 and Avg. asking rent £1,952.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 Island Gardens area. In last 1 year alone average price buyer paid is around £412,857 based on approximately 278 sales in Island Gardens area alone. If you compare it to last 3 years sales of 826 properties where buyers paid around £370,465. 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 £352,909 for 1,268 and average amount paid for purchase of approx. 1,611 properties sold in last 7 years comes to about £351,292 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 2 bedroom is around £478,333, £687,143 for a 3 bedroom house, £883,790 for a 4 bedroom house and £860,000 for a 5 bedroom house. For a flat similarly the prices varies from £342,011 for a single bedroom to £467,180 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £543,047 and £415,000 for a 4 bedroom flat. To sum up the asking prices for properties in Island Gardens it comes to around average £342,011 for 1 bedroom property, £467,940 for 2 bedroom, £579,071 for 3 bedroom, £805,658 for 4 bedroom and £860,000 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 £856 for 1 bedroom to £1,651 for 2 bedrooms, £2,087 for 3 bedrooms, £3,106 for 4 bedrooms and £3,279 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,864, £3,107 for 3 bedroom and £2,212 for 4 bedroom. You should be generally be expecting around average £1,251 rent per month for single bedroom property, £1,831 for 2 bedroom, £2,916 for 3 bedroom, £2,748 for 4 bedroom and approximately £3,279 for a 5 bedroom property in Island Gardens area.

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.

Sum it all up

 The Good

- Good transportation
- Scenic beauty
- Parks and greenry
 

 Best For

- People who enjoy peace and quiet
- People who like jogging and morning walk
 

 The Bad

- Not too developed
- Fewer business opportunities

Transportation in Island Gardens

Browse by Streets in Island Gardens