Mare Street, London, E8

Street Guide For Mare Street, London, E8

 

Mare Street, London, E8 Map

Estimated Price: £449,340
Average Asking Price: £669,498
Price change in last one year: £52,979
Average Price Paid: £313,245
Average Rent Rates: £2,035

 

Property Prices Breakdown in Mare Street, London, E8

Values have been changing and have risen £3,020 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,380 in last 6 months, £52,979 in last 1 year, £92,468 in last 2 years, £107,266 in last 3 years, £116,363 in last 4 years and £122,510 in last 5 years.

Currently average asking price of a property in Mare Street, London, E8 is around £669,498 based on approximately 11 properties for sale. Same is the case with rental options based on 272 properties up for rent, average asking rent is around £2,035 per month.

Estimated property value in Mare Street, London, E8 is £449,340. Average asking price is £669,498 while average price paid is £374,272 which is up by £52,979 and Avg. asking rent £2,035.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 Mare Street, London, E8 area. In last 1 year alone average price buyer paid is around £374,272 based on approximately 11 sales in Mare Street, London, E8 area alone. If you compare it to last 3 years sales of 27 properties where buyers paid around £320,808. 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 £313,245 for 36 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £304,577 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 2 bedroom is around £604,999, £1,052,491 for a 3 bedroom house, £1,215,993 for a 4 bedroom house and £1,283,571 for a 5 bedroom house. For a flat similarly the prices varies from £398,698 for a single bedroom to £526,098 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £777,461 and £549,975 for a 4 bedroom flat. To sum up the asking prices for properties in Mare Street, London, E8 it comes to around average £398,698 for 1 bedroom property, £530,422 for 2 bedroom, £857,958 for 3 bedroom, £1,132,741 for 4 bedroom and £1,283,571 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 £1,648 for 1 bedroom to £1,826 for 2 bedrooms, £2,529 for 3 bedrooms, £3,337 for 4 bedrooms and £3,857 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,473. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,979, £2,373 for 3 bedroom, £2,947 for 4 bedroom and around £3,207 for 5 bedroom flat. You should be generally be expecting around average £1,495 rent per month for single bedroom property, £1,962 for 2 bedroom, £2,412 for 3 bedroom, £3,207 for 4 bedroom and approximately £3,532 for a 5 bedroom property in Mare Street, London, E8 area.

Popular Houses in Mare Street, London, E8

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.

Transportation in Mare Street, London, E8

Areas in and around Mare Street, London, E8