Lancaster Drive, London, E14

Street Guide For Lancaster Drive, London, E14

 
 

Lancaster Drive, London, E14 Map

Estimated Price: £642,371
Average Asking Price: £556,996
Price change in last one year: £67,046
Average Price Paid: £490,500
Average Rent Rates: £2,461

Samson Estate Agents
269-271 High Street, Stratford, London, E15-2TF

Free House valuation

 

Property Prices Breakdown in Lancaster Drive, London, E14

Average Price for property in Lancaster Drive, London, E14 is around £642,371 which varies based on type of property you are interested in and ranges from £818,691 for terraced house to around £534,620 for a flat. Values have been changing and have risen £7,265 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,305 in last 6 months, £67,046 in last 1 year, £132,788 in last 2 years, £145,531 in last 3 years, £151,175 in last 4 years and £153,281 in last 5 years.

Currently average asking price of a property in Lancaster Drive, London, E14 is around £556,996 based on approximately 1 properties for sale. Same is the case with rental options based on 2,129 properties up for rent, average asking rent is around £2,461 per month.

Estimated property value in Lancaster Drive, London, E14 is £642,371. Average asking price is £556,996 while average price paid is £730,000 which is up by £67,046 and Avg. asking rent £2,461.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 Lancaster Drive, London, E14 area. In last 1 year alone average price buyer paid is around £730,000 based on approximately 1 sales in Lancaster Drive, London, E14 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £560,666. 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 £490,500 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £498,136 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 £460,000, £480,260 for a 2 bedroom house, £697,079 for a 3 bedroom house, £837,394 for a 4 bedroom house and £763,750 for a 5 bedroom house. For a flat similarly the prices varies from £417,520 for a single bedroom to £591,635 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £860,496 and £2,531,665 for a 4 bedroom flat. To sum up the asking prices for properties in Lancaster Drive, London, E14 it comes to around average £418,380 for 1 bedroom property, £587,829 for 2 bedroom, £844,655 for 3 bedroom, £1,639,944 for 4 bedroom and £763,750 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 £1,017 for 1 bedroom to £2,136 for 2 bedrooms, £2,971 for 3 bedrooms, £3,655 for 4 bedrooms and £3,222 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,502. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,805, £3,974 for 3 bedroom and £7,944 for 4 bedroom. You should be generally be expecting around average £1,469 rent per month for single bedroom property, £2,775 for 2 bedroom, £3,861 for 3 bedroom, £5,673 for 4 bedroom and approximately £3,222 for a 5 bedroom property in Lancaster Drive, London, E14 area.

Popular Houses in Lancaster Drive, London, E14

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 Lancaster Drive, London, E14

Areas in and around Lancaster Drive, London, E14