Milton Grove, London, N16

Street Guide For Milton Grove, London, N16

 

Milton Grove, London, N16 Map

Estimated Price: £660,108
Average Asking Price: £691,883
Price change in last one year: £77,914
Average Price Paid: £455,698
Average Rent Rates: £1,761

 

Property Prices Breakdown in Milton Grove, London, N16

Average Price for property in Milton Grove, London, N16 is around £660,108 which varies based on type of property you are interested in and ranges from £624,374 for detached house to around £869,794 for semi-detached. Similarly terraced house is around £1,015,267 and a flat is worth £466,196. Values have been changing and have risen £8,476 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £23,448 in last 6 months, £77,914 in last 1 year, £139,402 in last 2 years, £156,686 in last 3 years, £173,192 in last 4 years and £184,007 in last 5 years.

Currently average asking price of a property in Milton Grove, London, N16 is around £691,883 based on approximately 3 properties for sale. Same is the case with rental options based on 209 properties up for rent, average asking rent is around £1,761 per month.

Estimated property value in Milton Grove, London, N16 is £660,108. Average asking price is £691,883 while average price paid is £446,506 which is up by £77,914 and Avg. asking rent £1,761.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 Milton Grove, London, N16 area. In last 1 year alone average price buyer paid is around £446,506 based on approximately 3 sales in Milton Grove, London, N16 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £446,998. 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 £455,698 for 20 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £445,390 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 £325,000, £736,658 for a 2 bedroom house, £988,403 for a 3 bedroom house, £1,121,183 for a 4 bedroom house and £1,139,996 for a 5 bedroom house. For a flat similarly the prices varies from £366,337 for a single bedroom to £460,445 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £595,869, £604,369 for a 4 bedroom flat and £675,000 for a 5 bedroom flat. To sum up the asking prices for properties in Milton Grove, London, N16 it comes to around average £364,369 for 1 bedroom property, £482,542 for 2 bedroom, £786,188 for 3 bedroom, £978,614 for 4 bedroom and £1,112,644 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 £1,154 for 1 bedroom to £1,985 for 2 bedrooms, £2,419 for 3 bedrooms, £3,177 for 4 bedrooms and £3,800 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,333. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,700, £2,241 for 3 bedroom and £3,776 for 4 bedroom. You should be generally be expecting around average £1,320 rent per month for single bedroom property, £1,745 for 2 bedroom, £2,281 for 3 bedroom, £3,386 for 4 bedroom and approximately £3,800 for a 5 bedroom property in Milton Grove, London, N16 area.

Popular Houses in Milton Grove, London, N16

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 Milton Grove, London, N16