Long Lane, London, N3

Street Guide For Long Lane, London, N3

 
 

Long Lane, London, N3 Map

Estimated Price: £492,850
Average Asking Price: £982,009
Price change in last one year: £53,984
Average Price Paid: £331,002
Average Rent Rates: £2,007

Stark Joseph Estate Agents
338 Regents Park Road, Finchley, N3 2LN

Free House valuation

 

Property Prices Breakdown in Long Lane, London, N3

Average Price for property in Long Lane, London, N3 is around £492,850 which varies based on type of property you are interested in and ranges from £709,967 for detached house to around £760,681 for semi-detached. Similarly terraced house is around £517,910 and a flat is worth £362,685. Values have been changing and have risen £6,221 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,644 in last 6 months, £53,984 in last 1 year, £100,065 in last 2 years, £117,430 in last 3 years, £123,309 in last 4 years and £134,835 in last 5 years.

Currently average asking price of a property in Long Lane, London, N3 is around £982,009 based on approximately 15 properties for sale. Same is the case with rental options based on 249 properties up for rent, average asking rent is around £2,007 per month.

Estimated property value in Long Lane, London, N3 is £492,850. Average asking price is £982,009 while average price paid is £399,314 which is up by £53,984 and Avg. asking rent £2,007.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 Long Lane, London, N3 area. In last 1 year alone average price buyer paid is around £399,314 based on approximately 15 sales in Long Lane, London, N3 area alone. If you compare it to last 3 years sales of 43 properties where buyers paid around £334,897. 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 £331,002 for 65 and average amount paid for purchase of approx. 80 properties sold in last 7 years comes to about £323,174 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 3 bedroom is around £622,836, £1,266,289 for a 4 bedroom house and £1,318,884 for a 5 bedroom house. For a flat similarly the prices varies from £315,075 for a single bedroom to £426,077 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £998,038. To sum up the asking prices for properties in Long Lane, London, N3 it comes to around average £315,075 for 1 bedroom property, £426,077 for 2 bedroom, £900,763 for 3 bedroom, £1,266,289 for 4 bedroom and £1,318,884 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 £575 for 1 bedroom to £2,032 for 3 bedroom, £3,254 for 4 bedroom and £3,655 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,038. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,537, £1,979 for 3 bedroom and £2,334 for 4 bedroom. You should be generally be expecting around average £996 rent per month for single bedroom property, £1,537 for 2 bedroom, £1,998 for 3 bedroom, £3,198 for 4 bedroom and approximately £3,655 for a 5 bedroom property in Long Lane, London, N3 area.

Popular Houses in Long Lane, London, N3

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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