Melbourne Avenue, London, N13

Street Guide For Melbourne Avenue, London, N13

 
 

Melbourne Avenue, London, N13 Map

Estimated Price: £503,571
Average Asking Price: £420,575
Price change in last one year: £55,611
Average Price Paid: £315,707
Average Rent Rates: £1,488

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Property Prices Breakdown in Melbourne Avenue, London, N13

Average Price for property in Melbourne Avenue, London, N13 is around £503,571 which varies based on type of property you are interested in and ranges from £515,981 for terraced house to around £298,801 for a flat. Values have been changing and have risen £5,542 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,857 in last 6 months, £55,611 in last 1 year, £101,344 in last 2 years, £117,291 in last 3 years, £115,639 in last 4 years and £134,906 in last 5 years.

Currently average asking price of a property in Melbourne Avenue, London, N13 is around £420,575 based on approximately 1 properties for sale. Same is the case with rental options based on 162 properties up for rent, average asking rent is around £1,488 per month.

Estimated property value in Melbourne Avenue, London, N13 is £503,571. Average asking price is £420,575 while average price paid is £292,500 which is up by £55,611 and Avg. asking rent £1,488.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 Melbourne Avenue, London, N13 area. In last 1 year alone average price buyer paid is around £292,500 based on approximately 1 sales in Melbourne Avenue, London, N13 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £306,468. 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 £315,707 for 13 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £315,707 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 £40,000, £381,242 for a 2 bedroom house, £499,522 for a 3 bedroom house, £650,566 for a 4 bedroom house and £713,131 for a 5 bedroom house. For a flat similarly the prices varies from £255,321 for a single bedroom to £355,376 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £390,989. To sum up the asking prices for properties in Melbourne Avenue, London, N13 it comes to around average £241,864 for 1 bedroom property, £361,462 for 2 bedroom, £484,856 for 3 bedroom, £650,566 for 4 bedroom and £713,131 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 £586 for 1 bedroom to £550 for 2 bedrooms, £1,696 for 3 bedrooms, £2,018 for 4 bedrooms and £2,397 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,043. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,304 and £1,524 for 3 bedroom. You should be generally be expecting around average £919 rent per month for single bedroom property, £1,280 for 2 bedroom, £1,642 for 3 bedroom, £2,018 for 4 bedroom and approximately £2,398 for a 5 bedroom property in Melbourne Avenue, London, N13 area.

Popular Houses in Melbourne Avenue, London, N13

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 Melbourne Avenue, London, N13

Areas in and around Melbourne Avenue, London, N13