Morpeth Terrace, London, SW1P

Street Guide For Morpeth Terrace, London, SW1P

 

Morpeth Terrace, London, SW1P Map

Estimated Price: £1,366,627
Average Asking Price: £3,035,804
Price change in last one year: £153,665
Average Price Paid: £928,607
Average Rent Rates: £8,353

 

Property Prices Breakdown in Morpeth Terrace, London, SW1P

Average Price for property in Morpeth Terrace, London, SW1P is around £1,366,627 e.g. average price for a flat is around 1,366,627. Values have been changing and have risen £6,744 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,395 in last 6 months, £153,665 in last 1 year, £253,870 in last 2 years, £351,543 in last 3 years, £396,032 in last 4 years and £395,346 in last 5 years.

Currently average asking price of a property in Morpeth Terrace, London, SW1P is around £3,035,804 based on approximately 5 properties for sale. Same is the case with rental options based on 1,952 properties up for rent, average asking rent is around £8,353 per month.

Estimated property value in Morpeth Terrace, London, SW1P is £1,366,627. Average asking price is £3,035,804 while average price paid is £1,274,999 which is up by £153,665 and Avg. asking rent £8,353.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 Morpeth Terrace, London, SW1P area. In last 1 year alone average price buyer paid is around £1,274,999 based on approximately 5 sales in Morpeth Terrace, London, SW1P area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £1,021,999. 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 £928,607 for 12 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £820,269 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 £1,046,333, £1,583,333 for a 2 bedroom house, £4,764,229 for a 3 bedroom house, £5,695,455 for a 4 bedroom house and £9,849,167 for a 5 bedroom house. For a flat similarly the prices varies from £1,097,122 for a single bedroom to £2,025,313 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,494,409, £7,147,000 for a 4 bedroom flat and £20,323,069 for a 5 bedroom flat. To sum up the asking prices for properties in Morpeth Terrace, London, SW1P it comes to around average £1,096,416 for 1 bedroom property, £2,017,128 for 2 bedroom, £3,624,904 for 3 bedroom, £6,386,667 for 4 bedroom and £14,241,448 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 £7,477 for 1 bedroom to £6,065 for 2 bedrooms, £9,868 for 3 bedrooms, £13,891 for 4 bedrooms and £19,897 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £3,371. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £5,139, £9,972 for 3 bedroom, £14,717 for 4 bedroom and around £36,761 for 5 bedroom flat. You should be generally be expecting around average £3,557 rent per month for single bedroom property, £5,225 for 2 bedroom, £9,950 for 3 bedroom, £14,414 for 4 bedroom and approximately £22,306 for a 5 bedroom property in Morpeth Terrace, London, SW1P area.

Popular Houses in Morpeth Terrace, London, SW1P

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 Morpeth Terrace, London, SW1P

Areas in and around Morpeth Terrace, London, SW1P