Morton Close, London, E1

Street Guide For Morton Close, London, E1

 
 

Morton Close, London, E1 Map

Estimated Price: £400,218
Average Asking Price: £847,449
Price change in last one year: £43,576
Average Price Paid: £289,309
Average Rent Rates: £2,217

Samson Estate Agents
269-271 High Street, Stratford, London, E15-2TF

Free House valuation

 

Property Prices Breakdown in Morton Close, London, E1

Average Price for property in Morton Close, London, E1 is around £400,218 e.g. average price for a flat is around 400,218. Values have been changing and have risen £3,825 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,117 in last 6 months, £43,576 in last 1 year, £77,963 in last 2 years, £93,462 in last 3 years, £95,456 in last 4 years and £99,034 in last 5 years.

Currently average asking price of a property in Morton Close, London, E1 is around £847,449 based on approximately 11 properties for sale. Same is the case with rental options based on 1,265 properties up for rent, average asking rent is around £2,217 per month.

Estimated property value in Morton Close, London, E1 is £400,218. Average asking price is £847,449 while average price paid is £333,727 which is up by £43,576 and Avg. asking rent £2,217.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 Morton Close, London, E1 area. In last 1 year alone average price buyer paid is around £333,727 based on approximately 11 sales in Morton Close, London, E1 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £293,210. 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 £289,309 for 26 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £286,614 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 £586,557, £702,348 for a 2 bedroom house, £1,464,911 for a 3 bedroom house, £1,364,989 for a 4 bedroom house and £1,611,999 for a 5 bedroom house. For a flat similarly the prices varies from £599,401 for a single bedroom to £874,180 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,118,221, £678,564 for a 4 bedroom flat and £705,000 for a 5 bedroom flat. To sum up the asking prices for properties in Morton Close, London, E1 it comes to around average £598,961 for 1 bedroom property, £863,179 for 2 bedroom, £1,149,520 for 3 bedroom, £1,064,678 for 4 bedroom and £1,208,888 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 £1,330 for 1 bedroom to £4,085 for 2 bedrooms, £3,097 for 3 bedrooms, £3,446 for 4 bedrooms and £3,716 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,645. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,248, £3,131 for 3 bedroom, £3,265 for 4 bedroom and around £3,012 for 5 bedroom flat. You should be generally be expecting around average £1,621 rent per month for single bedroom property, £2,325 for 2 bedroom, £3,124 for 3 bedroom, £3,312 for 4 bedroom and approximately £3,481 for a 5 bedroom property in Morton Close, London, E1 area.

Popular Houses in Morton Close, London, E1

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 Morton Close, London, E1