Manor Park

Home to Earl of Essex

Area Guide For Manor Park

Manor Park is an area that is located in the London Borough of Newham. It is right in the East of Forest Gate. The transportation in the area is extremely well managed. Manor Park is a culturally diverse area with immigrants from Asia and Eastern Europe. There are several affordable properties in the area; such as flats and houses that well-built. The place has good educational facilities as well.

 
 

Tags

Communication
Transportation
Flats
Houses
Cheap Housing

Overview

  • The Neighbors

    Diverse neighbourhood with people coming from different cultures.

  • Ideal for

    People who like sports and cheaper housing.

  • Deal Sealer

    Great transportation facilities and affordable houses.

  • Not for

    People looking for a posh locatity.

  • You will Like

    Educational institutions, cheap housing and transportation.

Manor Park Map

Estimated Price: £312,080
Average Asking Price: £316,325
Price change in last one year: £33,899
Average Price Paid: £249,092
Average Rent Rates: £1,474

 
 

Property Prices Breakdown in Manor Park

Average Price for property in Manor Park is around £312,080 which varies based on type of property you are interested in and ranges from £514,874 for detached house to around £489,097 for semi-detached. Similarly terraced house is around £325,987 and a flat is worth £214,672. Values have been changing and have risen £2,477 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,896 in last 6 months, £33,899 in last 1 year, £55,917 in last 2 years, £69,331 in last 3 years, £67,885 in last 4 years and £74,298 in last 5 years.

Currently average asking price of a property in Manor Park is around £316,325 based on approximately 243 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,474 per month.

Estimated property value in Manor Park is £312,080. Average asking price is £316,325 while average price paid is £267,327 which is up by £33,899 and Avg. asking rent £1,474.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 Manor Park area. In last 1 year alone average price buyer paid is around £267,327 based on approximately 243 sales in Manor Park area alone. If you compare it to last 3 years sales of 617 properties where buyers paid around £258,018. 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 £249,092 for 967 and average amount paid for purchase of approx. 1,315 properties sold in last 7 years comes to about £243,273 per sale.

 
 

Properties For Sale in Manor Park

 
 

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 £350,000, £332,827 for a 3 bedroom house, £389,000 for a 4 bedroom house and £1,150,000 for a 5 bedroom house. For a flat similarly the prices varies from £192,499 for a single bedroom to £218,125 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £223,325. To sum up the asking prices for properties in Manor Park it comes to around average £209,999 for 1 bedroom property, £218,125 for 2 bedroom, £304,869 for 3 bedroom, £389,000 for 4 bedroom and £1,150,000 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 £470 for 1 bedroom to £1,336 for 2 bedrooms, £1,517 for 3 bedrooms, £1,609 for 4 bedrooms and £4,156 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £838. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,185 and £1,388 for 3 bedroom. You should be generally be expecting around average £792 rent per month for single bedroom property, £1,212 for 2 bedroom, £1,486 for 3 bedroom, £1,609 for 4 bedroom and approximately £4,156 for a 5 bedroom property in Manor Park area.

Popular Houses in Manor Park

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.

Sold Properties in Manor Park

Sum it all up

 The Good

- Cheap housing
- Transportation
- Educational facilities
 

 Best For

- People who can't afford to live in luxury
- Commuters
- Young families
 

 The Bad

- Traffic
- Noise
 

Transportation in Manor Park

Browse by Streets in Manor Park