New Butt Lane, London, SE8

Street Guide For New Butt Lane, London, SE8

 
 

New Butt Lane, London, SE8 Map

Estimated Price: £198,316
Average Asking Price: £429,856
Price change in last one year: £19,792
Average Price Paid: £126,000
Average Rent Rates: £1,614

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in New Butt Lane, London, SE8

Average Price for property in New Butt Lane, London, SE8 is around £198,316 e.g. average price for a flat is around 198,316. Values have been changing and have risen £244 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £438 in last 6 months, £19,792 in last 1 year, £38,381 in last 2 years, £43,097 in last 3 years, £46,011 in last 4 years and £52,061 in last 5 years.

Currently average asking price of a property in New Butt Lane, London, SE8 is around £429,856 based on approximately 0 properties for sale. Same is the case with rental options based on 163 properties up for rent, average asking rent is around £1,614 per month.

Estimated property value in New Butt Lane, London, SE8 is £198,316. Average asking price is £429,856 while average price paid is £126,000 which is up by £52,061 and Avg. asking rent £1,614.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 New Butt Lane, London, SE8 area. In last 5 years alone average price buyer paid is around £126,000 based on approximately 1 sales in New Butt Lane, London, SE8 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £126,000.

 
 
 
 

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 £79,950, £471,662 for a 2 bedroom house, £601,355 for a 3 bedroom house and £837,500 for a 5 bedroom house. For a flat similarly the prices varies from £327,778 for a single bedroom to £426,477 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £463,857. To sum up the asking prices for properties in New Butt Lane, London, SE8 it comes to around average £320,268 for 1 bedroom property, £428,708 for 2 bedroom, £502,638 for 3 bedroom and £837,500 for 5 bedroom.

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 £1,148 for 1 bedroom to £1,473 for 2 bedroom, £2,122 for 3 bedroom and £1,647 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,209. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,679, £2,254 for 3 bedroom and £1,950 for 4 bedroom. You should be generally be expecting around average £1,206 rent per month for single bedroom property, £1,676 for 2 bedroom, £2,192 for 3 bedroom and approximately £1,722 for 4 bedroom property in New Butt Lane, London, SE8 area.

Popular Houses in New Butt Lane, London, SE8

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 New Butt Lane, London, SE8

Areas in and around New Butt Lane, London, SE8