Broadgate

Area Guide For Broadgate

Broadgate is a large, 32 –acre offices and retail estates in the City of London.  A joint venture Broadgate was once built and known as the largest office development in London until the arrival of Canary Wharf in the early 1990s. The Broadgate site features several works of public art, the largest of which is Richard Serra’s 55 ft. high, freestanding sculpture, fulcrum 1987. Till this day we still see the remaining part of Broadgate as architecturally one of the most significant post-war commercial developments in London, a triumph of twentieth century urbanism that deserves to be prided in.

 
 

Broadgate Map

Estimated Price: £993,212
Average Asking Price: £1,278,167
Price change in last one year: £129,395
Average Price Paid: £1,121,084
Average Rent Rates: £1,487

 
 

Property Prices Breakdown in Broadgate

Average Price for property in Broadgate is around £993,212 which varies based on type of property you are interested in and ranges from £513,064 for detached house to around £247,101 for terraced house. Similarly flat is around £1,049,246. Values have been changing and have risen £6,764 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £23,822 in last 6 months, £129,395 in last 1 year, £210,577 in last 2 years, £291,308 in last 3 years, £256,275 in last 4 years and £291,137 in last 5 years.

Currently average asking price of a property in Broadgate is around £1,278,167 based on approximately 5 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,487 per month.

Estimated property value in Broadgate is £993,212. Average asking price is £1,278,167 while average price paid is £1,032,219 which is up by £129,395 and Avg. asking rent £1,487.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 Broadgate area. In last 1 year alone average price buyer paid is around £1,032,219 based on approximately 5 sales in Broadgate area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £1,129,945. 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 £1,121,084 for 22 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £961,439 per sale.

 
 

Properties For Sale in Broadgate

 
 

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 3 bedroom is around £2,700,000. For a flat similarly the prices varies from £947,000 for a single bedroom to £1,025,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Broadgate it comes to around average £947,000 for 1 bedroom property, £1,025,000 for 2 bedroom and £2,700,000 for 3 bedroom.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,398. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,932. You should be generally be expecting around average £2,398 rent per month for single bedroom property and approximately £3,932 for 2 bedroom property in Broadgate area.

Popular Houses in Broadgate

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.

Sold Properties in Broadgate

Transportation in Broadgate

Browse by Streets in Broadgate