Mill Lane, London, NW6

Street Guide For Mill Lane, London, NW6

 
 

Mill Lane, London, NW6 Map

Estimated Price: £567,372
Average Asking Price: £1,037,664
Price change in last one year: £67,432
Average Price Paid: £419,812
Average Rent Rates: £2,375

Living Resedential
118 Fortune Green Road, West Hampstead

Free House valuation

 

Property Prices Breakdown in Mill Lane, London, NW6

Average Price for property in Mill Lane, London, NW6 is around £567,372 which varies based on type of property you are interested in and ranges from £496,388 for detached house to around £1,294,591 for semi-detached. Similarly terraced house is around £636,225 and a flat is worth £533,339. Values have been changing and have risen £11,734 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £31,213 in last 6 months, £67,432 in last 1 year, £109,741 in last 2 years, £145,158 in last 3 years, £147,693 in last 4 years and £164,625 in last 5 years.

Currently average asking price of a property in Mill Lane, London, NW6 is around £1,037,664 based on approximately 8 properties for sale. Same is the case with rental options based on 1,021 properties up for rent, average asking rent is around £2,375 per month.

Estimated property value in Mill Lane, London, NW6 is £567,372. Average asking price is £1,037,664 while average price paid is £538,543 which is up by £67,432 and Avg. asking rent £2,375.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 Mill Lane, London, NW6 area. In last 1 year alone average price buyer paid is around £538,543 based on approximately 8 sales in Mill Lane, London, NW6 area alone. If you compare it to last 3 years sales of 29 properties where buyers paid around £439,825. 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 £419,812 for 49 and average amount paid for purchase of approx. 70 properties sold in last 7 years comes to about £394,889 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 £772,700, £1,167,969 for a 3 bedroom house, £1,844,911 for a 4 bedroom house and £2,222,990 for a 5 bedroom house. For a flat similarly the prices varies from £481,335 for a single bedroom to £694,892 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £967,255, £1,286,929 for a 4 bedroom flat and £1,975,000 for a 5 bedroom flat. To sum up the asking prices for properties in Mill Lane, London, NW6 it comes to around average £481,335 for 1 bedroom property, £697,602 for 2 bedroom, £996,628 for 3 bedroom, £1,592,673 for 4 bedroom and £2,204,620 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 £1,390 for 1 bedroom to £2,145 for 2 bedrooms, £3,475 for 3 bedrooms, £4,204 for 4 bedrooms and £7,085 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,694. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,211, £3,436 for 3 bedroom, £4,022 for 4 bedroom and around £4,034 for 5 bedroom flat. You should be generally be expecting around average £1,667 rent per month for single bedroom property, £2,208 for 2 bedroom, £3,441 for 3 bedroom, £4,071 for 4 bedroom and approximately £5,995 for a 5 bedroom property in Mill Lane, London, NW6 area.

Popular Houses in Mill Lane, London, NW6

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 Mill Lane, London, NW6

Areas in and around Mill Lane, London, NW6