New City Road, London, E13

Street Guide For New City Road, London, E13

 
 

New City Road, London, E13 Map

Estimated Price: £276,487
Average Asking Price: £305,337
Price change in last one year: £32,526
Average Price Paid: £206,088
Average Rent Rates: £1,361

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

Free House valuation

 

Property Prices Breakdown in New City Road, London, E13

Values have been changing and have risen £2,731 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,852 in last 6 months, £32,526 in last 1 year, £56,067 in last 2 years, £62,742 in last 3 years, £64,134 in last 4 years and £67,267 in last 5 years.

Currently average asking price of a property in New City Road, London, E13 is around £305,337 based on approximately 4 properties for sale. Same is the case with rental options based on 105 properties up for rent, average asking rent is around £1,361 per month.

Estimated property value in New City Road, London, E13 is £276,487. Average asking price is £305,337 while average price paid is £242,125 which is up by £32,526 and Avg. asking rent £1,361.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 City Road, London, E13 area. In last 1 year alone average price buyer paid is around £242,125 based on approximately 4 sales in New City Road, London, E13 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £199,500. 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 £206,088 for 17 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £196,767 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 £291,400, £333,390 for a 3 bedroom house, £392,222 for a 4 bedroom house and £475,555 for a 5 bedroom house. For a flat similarly the prices varies from £193,026 for a single bedroom to £231,617 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £255,285 and £550,000 for a 5 bedroom flat. To sum up the asking prices for properties in New City Road, London, E13 it comes to around average £193,026 for 1 bedroom property, £251,544 for 2 bedroom, £317,769 for 3 bedroom, £392,222 for 4 bedroom and £483,000 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 £558 for 1 bedroom to £1,280 for 2 bedrooms, £1,519 for 3 bedrooms, £1,867 for 4 bedrooms and £1,998 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,032. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,207 and £1,566 for 3 bedroom. You should be generally be expecting around average £908 rent per month for single bedroom property, £1,234 for 2 bedroom, £1,525 for 3 bedroom, £1,867 for 4 bedroom and approximately £1,998 for a 5 bedroom property in New City Road, London, E13 area.

Popular Houses in New City Road, London, E13

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 City Road, London, E13

Areas in and around New City Road, London, E13