Lanark Close, London, W5

Street Guide For Lanark Close, London, W5

 

Lanark Close, London, W5 Map

Estimated Price: £734,621
Average Asking Price: £877,719
Price change in last one year: £73,691
Average Price Paid: £479,000
Average Rent Rates: £2,215

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Property Prices Breakdown in Lanark Close, London, W5

Average Price for property in Lanark Close, London, W5 is around £734,621 which varies based on type of property you are interested in and ranges from £764,383 for semi-detached to around £731,646 for terraced house. Values have been changing and have risen £5,069 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,263 in last 6 months, £73,691 in last 1 year, £156,291 in last 2 years, £194,861 in last 3 years, £200,219 in last 4 years and £209,677 in last 5 years.

Currently average asking price of a property in Lanark Close, London, W5 is around £877,719 based on approximately 1 properties for sale. Same is the case with rental options based on 1,014 properties up for rent, average asking rent is around £2,215 per month.

Estimated property value in Lanark Close, London, W5 is £734,621. Average asking price is £877,719 while average price paid is £660,000 which is up by £73,691 and Avg. asking rent £2,215.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 Lanark Close, London, W5 area. In last 1 year alone average price buyer paid is around £660,000 based on approximately 1 sales in Lanark Close, London, W5 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £660,000. 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 £479,000 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £465,618 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 £502,488, £551,936 for a 2 bedroom house, £749,855 for a 3 bedroom house, £1,043,557 for a 4 bedroom house and £1,382,941 for a 5 bedroom house. For a flat similarly the prices varies from £444,177 for a single bedroom to £561,377 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £686,561 and £1,039,983 for a 4 bedroom flat. To sum up the asking prices for properties in Lanark Close, London, W5 it comes to around average £447,607 for 1 bedroom property, £560,833 for 2 bedroom, £710,704 for 3 bedroom, £1,042,926 for 4 bedroom and £1,382,941 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 £965 for 1 bedroom to £1,749 for 2 bedrooms, £2,633 for 3 bedrooms, £2,910 for 4 bedrooms and £4,431 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,392. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,924, £2,599 for 3 bedroom, £2,382 for 4 bedroom and around £3,042 for 5 bedroom flat. You should be generally be expecting around average £1,354 rent per month for single bedroom property, £1,917 for 2 bedroom, £2,610 for 3 bedroom, £2,845 for 4 bedroom and approximately £4,302 for a 5 bedroom property in Lanark Close, London, W5 area.

Popular Houses in Lanark Close, London, W5

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.

Transportation in Lanark Close, London, W5

Areas in and around Lanark Close, London, W5