Melyn Close, London, N7

Street Guide For Melyn Close, London, N7

 

Melyn Close, London, N7 Map

Estimated Price: £599,331
Average Asking Price: £622,946
Price change in last one year: £59,749
Average Price Paid: £442,500
Average Rent Rates: £2,078

 

Property Prices Breakdown in Melyn Close, London, N7

Average Price for property in Melyn Close, London, N7 is around £599,331 which varies based on type of property you are interested in and ranges from £602,793 for semi-detached to around £597,599 for terraced house. Values have been changing and have risen £5,617 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,111 in last 6 months, £59,749 in last 1 year, £120,956 in last 2 years, £134,950 in last 3 years, £147,070 in last 4 years and £160,217 in last 5 years.

Currently average asking price of a property in Melyn Close, London, N7 is around £622,946 based on approximately 0 properties for sale. Same is the case with rental options based on 423 properties up for rent, average asking rent is around £2,078 per month.

Estimated property value in Melyn Close, London, N7 is £599,331. Average asking price is £622,946 while average price paid is £485,000 which is up by £134,950 and Avg. asking rent £2,078.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 Melyn Close, London, N7 area. In last 3 years alone average price buyer paid is around £485,000 based on approximately 1 sales in Melyn Close, London, N7 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £442,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £442,500 for 2 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 £394,667, £701,658 for a 2 bedroom house, £781,242 for a 3 bedroom house, £1,637,843 for a 4 bedroom house and £1,868,500 for a 5 bedroom house. For a flat similarly the prices varies from £439,602 for a single bedroom to £557,278 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £725,830 and £1,014,999 for a 4 bedroom flat. To sum up the asking prices for properties in Melyn Close, London, N7 it comes to around average £438,226 for 1 bedroom property, £565,154 for 2 bedroom, £747,995 for 3 bedroom, £1,489,547 for 4 bedroom and £1,868,500 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 £1,138 for 1 bedroom to £1,776 for 2 bedroom, £2,400 for 3 bedroom and £3,040 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,505. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,988, £2,351 for 3 bedroom, £2,951 for 4 bedroom and around £3,900 for 5 bedroom flat. You should be generally be expecting around average £1,419 rent per month for single bedroom property, £1,973 for 2 bedroom, £2,361 for 3 bedroom, £3,006 for 4 bedroom and approximately £3,900 for a 5 bedroom property in Melyn Close, London, N7 area.

Popular Houses in Melyn Close, London, N7

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 Melyn Close, London, N7