Lantern Way, West Drayton, UB7

Street Guide For Lantern Way, West Drayton, UB7

 

Lantern Way, West Drayton, UB7 Map

Estimated Price: £424,628
Average Asking Price: £387,188
Price change in last one year: £30,633
Average Price Paid: £332,990
Average Rent Rates: £1,153

 

Property Prices Breakdown in Lantern Way, West Drayton, UB7

Average Price for property in Lantern Way, West Drayton, UB7 is around £424,628 which varies based on type of property you are interested in and ranges from £478,946 for detached house to around £344,794 for semi-detached. Similarly terraced house is around £387,867. Values have been changing and have risen £5,153 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,901 in last 6 months, £30,633 in last 1 year, £60,120 in last 2 years, £73,467 in last 3 years, £69,111 in last 4 years and £79,594 in last 5 years.

Currently average asking price of a property in Lantern Way, West Drayton, UB7 is around £387,188 based on approximately 3 properties for sale. Same is the case with rental options based on 117 properties up for rent, average asking rent is around £1,153 per month.

Estimated property value in Lantern Way, West Drayton, UB7 is £424,628. Average asking price is £387,188 while average price paid is £364,983 which is up by £30,633 and Avg. asking rent £1,153.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 Lantern Way, West Drayton, UB7 area. In last 1 year alone average price buyer paid is around £364,983 based on approximately 3 sales in Lantern Way, West Drayton, UB7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £348,237. 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 £332,990 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £327,842 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 £179,950, £264,225 for a 2 bedroom house, £354,418 for a 3 bedroom house, £499,527 for a 4 bedroom house and £561,667 for a 5 bedroom house. For a flat similarly the prices varies from £157,913 for a single bedroom to £246,888 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £330,672. To sum up the asking prices for properties in Lantern Way, West Drayton, UB7 it comes to around average £159,291 for 1 bedroom property, £254,769 for 2 bedroom, £347,544 for 3 bedroom, £499,527 for 4 bedroom and £561,667 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 £464 for 1 bedroom to £1,204 for 2 bedrooms, £1,383 for 3 bedrooms, £1,548 for 4 bedrooms and £2,149 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £840. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,252, £1,616 for 3 bedroom and £1,651 for 4 bedroom. You should be generally be expecting around average £704 rent per month for single bedroom property, £1,244 for 2 bedroom, £1,427 for 3 bedroom, £1,569 for 4 bedroom and approximately £2,150 for a 5 bedroom property in Lantern Way, West Drayton, UB7 area.

Popular Houses in Lantern Way, West Drayton, UB7

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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