Victoria Park

The Greenest Side of London

Area Guide For Victoria Park

Victoria park is an open area with a lot of greenry, beautiful scenes and a nice view. Several visitors come here to enjoy the peaceful atmopshere which this part of London has to provide. The bordering areas for Victoria Park include the likes of Bethnal Green, Bow and Hackney. This park falls under the London Borough of Tower Hamlets. The famous places to visit in this area include the likes of Pavillion Cafe and Park Cafe. 

 
 

Tags

Green
Park
Recreational
Trees
Scenic Beauty
Beauty

Overview

  • The Neighbors

    Small cottage-style houses with a scenic view all across the area.

  • Ideal for

    People who enjoy scenic beauty.

  • Deal Sealer

    Beautiful, scenic view.

  • Not for

    People who like to live in bigger houses.

  • You will Like

    How the houses have been placed so the people living there can enjoy the view.

Victoria Park Map

Estimated Price: £504,710
Average Asking Price: £544,116
Price change in last one year: £58,583
Average Price Paid: £370,455
Average Rent Rates: £1,808

 
 

Property Prices Breakdown in Victoria Park

Average Price for property in Victoria Park is around £504,710 which varies based on type of property you are interested in and ranges from £963,150 for detached house to around £852,482 for semi-detached. Similarly terraced house is around £653,908 and a flat is worth £397,274. Values have been changing and have risen £6,310 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,328 in last 6 months, £58,583 in last 1 year, £102,841 in last 2 years, £120,676 in last 3 years, £123,656 in last 4 years and £132,316 in last 5 years.

Currently average asking price of a property in Victoria Park is around £544,116 based on approximately 213 properties for sale. Same is the case with rental options based on 155 properties up for rent, average asking rent is around £1,808 per month.

Estimated property value in Victoria Park is £504,710. Average asking price is £544,116 while average price paid is £418,530 which is up by £58,583 and Avg. asking rent £1,808.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 Victoria Park area. In last 1 year alone average price buyer paid is around £418,530 based on approximately 213 sales in Victoria Park area alone. If you compare it to last 3 years sales of 703 properties where buyers paid around £380,492. 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 £370,455 for 1,083 and average amount paid for purchase of approx. 1,373 properties sold in last 7 years comes to about £354,554 per sale.

 
 

Properties For Sale in Victoria Park

 
 

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 £707,500, £647,136 for a 3 bedroom house and £1,513,000 for a 4 bedroom house. For a flat similarly the prices varies from £390,218 for a single bedroom to £415,908 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £474,666 and £350,000 for a 4 bedroom flat. To sum up the asking prices for properties in Victoria Park it comes to around average £390,218 for 1 bedroom property, £464,507 for 2 bedroom, £529,543 for 3 bedroom and £1,319,167 for 4 bedroom.

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 £1,094 for 1 bedroom to £1,727 for 2 bedrooms, £2,713 for 3 bedrooms, £3,185 for 4 bedrooms and £3,250 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,445. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,800, £2,138 for 3 bedroom, £2,492 for 4 bedroom and around £2,383 for 5 bedroom flat. You should be generally be expecting around average £1,369 rent per month for single bedroom property, £1,780 for 2 bedroom, £2,330 for 3 bedroom, £3,031 for 4 bedroom and approximately £2,816 for a 5 bedroom property in Victoria Park area.

Popular Houses in Victoria Park

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 Victoria Park

Sum it all up

 The Good

- View
- Affordable
- Transportation Facilities

 Best For

- People who want to live in affordable houses
- Commuters

Transportation in Victoria Park

Browse by Streets in Victoria Park