Lea Bridge

The Bridge Between Hackney and Waltham Forest

Area Guide For Lea Bridge

Lea Bridge is a district located in the North-East side of London Borough of Hackney. The four borders for this area are Upper Clapton, Lower Clapton and River Lee Navigation.Right across the bridge you get to visit Leyton, which falls under London Borough of Waltham Forest. The Bridge itself connects London Borough of Hackney and London Borough of Waltham Forest.

 
 

Tags

Transport
Sports
Road

Overview

  • The Neighbors

    Large houses with Victorian terraces.

  • Ideal for

    People who can afford posh living.

  • Deal Sealer

    Well-built houses.

  • Not for

    People who prefer cheaper housing.

  • You will Like

    Transportation and health facilities.

Lea Bridge Map

Estimated Price: £477,428
Average Asking Price: £547,990
Price change in last one year: £63,847
Average Price Paid: £359,811
Average Rent Rates: £1,633

 
 

Property Prices Breakdown in Lea Bridge

Average Price for property in Lea Bridge is around £477,428 which varies based on type of property you are interested in and ranges from £839,168 for detached house to around £683,659 for semi-detached. Similarly terraced house is around £624,883 and a flat is worth £337,843. Values have been changing and have risen £7,368 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,079 in last 6 months, £63,847 in last 1 year, £106,444 in last 2 years, £123,672 in last 3 years, £130,069 in last 4 years and £138,839 in last 5 years.

Currently average asking price of a property in Lea Bridge is around £547,990 based on approximately 264 properties for sale. Same is the case with rental options based on 113 properties up for rent, average asking rent is around £1,633 per month.

Estimated property value in Lea Bridge is £477,428. Average asking price is £547,990 while average price paid is £436,087 which is up by £63,847 and Avg. asking rent £1,633.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 Lea Bridge area. In last 1 year alone average price buyer paid is around £436,087 based on approximately 264 sales in Lea Bridge area alone. If you compare it to last 3 years sales of 741 properties where buyers paid around £400,647. 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 £359,811 for 1,232 and average amount paid for purchase of approx. 1,688 properties sold in last 7 years comes to about £330,540 per sale.

 
 

Properties For Sale in Lea Bridge

 
 

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 £340,000, £565,000 for a 2 bedroom house, £733,328 for a 3 bedroom house, £852,053 for a 4 bedroom house and £1,075,000 for a 5 bedroom house. For a flat similarly the prices varies from £319,410 for a single bedroom to £432,026 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £562,283. To sum up the asking prices for properties in Lea Bridge it comes to around average £321,080 for 1 bedroom property, £443,899 for 2 bedroom, £619,298 for 3 bedroom, £852,053 for 4 bedroom and £1,075,000 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 £907 for 1 bedroom to £2,284 for 3 bedroom and £2,883 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,270. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,505, £1,943 for 3 bedroom and £2,489 for 4 bedroom. You should be generally be expecting around average £1,216 rent per month for single bedroom property, £1,505 for 2 bedroom, £2,057 for 3 bedroom and approximately £2,607 for 4 bedroom property in Lea Bridge area.

Popular Houses in Lea Bridge

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.

Sum it all up

 The Good

- Culturally Diverse
- Well-built Houses
- Transportation Facilities
- Health Facilities

 Best For

- Commuters
- Businessmen

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