Lechmere Road, London, NW2

Street Guide For Lechmere Road, London, NW2

 
 

Lechmere Road, London, NW2 Map

Estimated Price: £487,194
Average Asking Price: £725,991
Price change in last one year: £54,063
Average Price Paid: £379,827
Average Rent Rates: £1,885

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118 Fortune Green Road, West Hampstead

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Property Prices Breakdown in Lechmere Road, London, NW2

Values have been changing and have risen £10,116 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £26,893 in last 6 months, £54,063 in last 1 year, £92,166 in last 2 years, £127,555 in last 3 years, £122,887 in last 4 years and £139,486 in last 5 years.

Currently average asking price of a property in Lechmere Road, London, NW2 is around £725,991 based on approximately 2 properties for sale. Same is the case with rental options based on 508 properties up for rent, average asking rent is around £1,885 per month.

Estimated property value in Lechmere Road, London, NW2 is £487,194. Average asking price is £725,991 while average price paid is £465,000 which is up by £54,063 and Avg. asking rent £1,885.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 Lechmere Road, London, NW2 area. In last 1 year alone average price buyer paid is around £465,000 based on approximately 2 sales in Lechmere Road, London, NW2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £410,600. 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 £379,827 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £356,478 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 £249,950, £471,132 for a 2 bedroom house, £572,816 for a 3 bedroom house, £979,812 for a 4 bedroom house and £1,024,919 for a 5 bedroom house. For a flat similarly the prices varies from £352,178 for a single bedroom to £466,375 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £579,682, £610,825 for a 4 bedroom flat and £1,395,000 for a 5 bedroom flat. To sum up the asking prices for properties in Lechmere Road, London, NW2 it comes to around average £348,246 for 1 bedroom property, £466,804 for 2 bedroom, £576,249 for 3 bedroom, £946,267 for 4 bedroom and £1,034,922 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 £922 for 1 bedroom to £1,579 for 2 bedrooms, £2,572 for 3 bedrooms, £3,429 for 4 bedrooms and £4,461 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,282. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,743, £2,226 for 3 bedroom, £4,935 for 4 bedroom and around £5,691 for 5 bedroom flat. You should be generally be expecting around average £1,244 rent per month for single bedroom property, £1,732 for 2 bedroom, £2,329 for 3 bedroom, £4,068 for 4 bedroom and approximately £4,768 for a 5 bedroom property in Lechmere Road, London, NW2 area.

Popular Houses in Lechmere Road, London, NW2

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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Areas in and around Lechmere Road, London, NW2