Morland Estate, Richmond Road, London, E8

Street Guide For Morland Estate, Richmond Road, London, E8

 

Morland Estate, Richmond Road, London, E8 Map

Estimated Price: £357,491
Average Asking Price: £669,498
Price change in last one year: £41,046
Average Price Paid: £289,616
Average Rent Rates: £2,035

 

Property Prices Breakdown in Morland Estate, Richmond Road, London, E8

Average Price for property in Morland Estate, Richmond Road, London, E8 is around £357,491 e.g. average price for a flat is around 357,491. Values have been changing and have risen £2,339 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,167 in last 6 months, £41,046 in last 1 year, £71,642 in last 2 years, £83,105 in last 3 years, £90,155 in last 4 years and £94,920 in last 5 years.

Currently average asking price of a property in Morland Estate, Richmond Road, London, E8 is around £669,498 based on approximately 0 properties for sale. Same is the case with rental options based on 272 properties up for rent, average asking rent is around £2,035 per month.

Estimated property value in Morland Estate, Richmond Road, London, E8 is £357,491. Average asking price is £669,498 while average price paid is £347,310 which is up by £83,105 and Avg. asking rent £2,035.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 Morland Estate, Richmond Road, London, E8 area. In last 3 years alone average price buyer paid is around £347,310 based on approximately 5 sales in Morland Estate, Richmond Road, London, E8 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £289,616. 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 £266,503 for 13 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 £604,999, £1,052,491 for a 3 bedroom house, £1,215,993 for a 4 bedroom house and £1,283,571 for a 5 bedroom house. For a flat similarly the prices varies from £398,698 for a single bedroom to £526,098 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £777,461 and £549,975 for a 4 bedroom flat. To sum up the asking prices for properties in Morland Estate, Richmond Road, London, E8 it comes to around average £398,698 for 1 bedroom property, £530,422 for 2 bedroom, £857,958 for 3 bedroom, £1,132,741 for 4 bedroom and £1,283,571 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 £1,648 for 1 bedroom to £1,826 for 2 bedrooms, £2,529 for 3 bedrooms, £3,337 for 4 bedrooms and £3,857 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,473. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,979, £2,373 for 3 bedroom, £2,947 for 4 bedroom and around £3,207 for 5 bedroom flat. You should be generally be expecting around average £1,495 rent per month for single bedroom property, £1,962 for 2 bedroom, £2,412 for 3 bedroom, £3,207 for 4 bedroom and approximately £3,532 for a 5 bedroom property in Morland Estate, Richmond Road, London, E8 area.

Popular Houses in Morland Estate, Richmond Road, London, E8

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 Morland Estate, Richmond Road, London, E8

Areas in and around Morland Estate, Richmond Road, London, E8