New Park Road, London, SW2

Street Guide For New Park Road, London, SW2

 
 

New Park Road, London, SW2 Map

Estimated Price: £377,826
Average Asking Price: £511,740
Price change in last one year: £40,513
Average Price Paid: £247,308
Average Rent Rates: £1,686

Granvilles Estate Agents
399 Coldharbour Lane, Brixton, London SW9 8LQ

Free House valuation

 

Property Prices Breakdown in New Park Road, London, SW2

Average Price for property in New Park Road, London, SW2 is around £377,826 which varies based on type of property you are interested in and ranges from £824,547 for detached house to around £916,750 for semi-detached. Similarly terraced house is around £613,359 and a flat is worth £324,587. Values have been changing and have risen £1,306 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,635 in last 6 months, £40,513 in last 1 year, £76,260 in last 2 years, £100,242 in last 3 years, £111,774 in last 4 years and £111,375 in last 5 years.

Currently average asking price of a property in New Park Road, London, SW2 is around £511,740 based on approximately 17 properties for sale. Same is the case with rental options based on 260 properties up for rent, average asking rent is around £1,686 per month.

Estimated property value in New Park Road, London, SW2 is £377,826. Average asking price is £511,740 while average price paid is £389,575 which is up by £40,513 and Avg. asking rent £1,686.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 Park Road, London, SW2 area. In last 1 year alone average price buyer paid is around £389,575 based on approximately 17 sales in New Park Road, London, SW2 area alone. If you compare it to last 3 years sales of 49 properties where buyers paid around £272,780. 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 £247,308 for 67 and average amount paid for purchase of approx. 79 properties sold in last 7 years comes to about £237,755 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 £317,475, £803,800 for a 3 bedroom house, £883,077 for a 4 bedroom house and £1,278,402 for a 5 bedroom house. For a flat similarly the prices varies from £315,501 for a single bedroom to £429,163 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £441,137 and £384,975 for a 4 bedroom flat. To sum up the asking prices for properties in New Park Road, London, SW2 it comes to around average £315,552 for 1 bedroom property, £429,163 for 2 bedroom, £511,654 for 3 bedroom, £827,732 for 4 bedroom and £1,278,402 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 £617 for 1 bedroom to £1,671 for 2 bedrooms, £2,539 for 3 bedrooms, £2,940 for 4 bedrooms and £4,102 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,258. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,540, £3,002 for 3 bedroom, £2,456 for 4 bedroom and around £5,633 for 5 bedroom flat. You should be generally be expecting around average £1,234 rent per month for single bedroom property, £1,549 for 2 bedroom, £2,899 for 3 bedroom, £2,654 for 4 bedroom and approximately £4,485 for a 5 bedroom property in New Park Road, London, SW2 area.

Popular Houses in New Park Road, London, SW2

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 Park Road, London, SW2

Areas in and around New Park Road, London, SW2