L29

Real Estate Area Guide For L29

 

L29 Map

Estimated Price: £297,332
Average Asking Price: £262,491
Price change in last one year: £20,326
Average Price Paid: £227,483
Average Rent Rates: £693

 

Property Prices Breakdown in L29

Average Price for property in L29 is around £297,332 which varies based on type of property you are interested in and ranges from £447,968 for detached house to around £273,894 for semi-detached. Similarly terraced house is around £236,762 and a flat is worth £114,475. Values have been changing and have risen £3,184 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,482 in last 6 months, £20,326 in last 1 year, £35,486 in last 2 years, £29,199 in last 3 years, £20,982 in last 4 years and £19,933 in last 5 years.

Currently average asking price of a property in L29 is around £262,491 based on approximately 6 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £693 per month.

Estimated property value in L29 is £297,332. Average asking price is £262,491 while average price paid is £297,575 which is up by £20,326 and Avg. asking rent £693.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 L29 area. In last 1 year alone average price buyer paid is around £297,575 based on approximately 6 sales in L29 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £243,878. 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 £227,483 for 61 and average amount paid for purchase of approx. 69 properties sold in last 7 years comes to about £234,830 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 3 bedroom is around £163,333, £318,490 for a 4 bedroom house and £349,975 for a 5 bedroom house. For a flat the prices of 2 bedroom is £105,000. To sum up the asking prices for properties in L29 it comes to around average £105,000 for 2 bedroom property, £163,333 for 3 bedroom, £318,490 for 4 bedroom and £349,975 for 5 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 is £693 for 2 bedroom. You should be generally be expecting around average £693 rent per month for 2 bedroom property in L29 area.

Popular Houses in L29

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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