Average Price for property in New Street, London, EC2M is around £2,590,979 e.g. average price for a flat is around 2,590,979. Values have been changing and have risen £17,125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £60,311 in last 6 months, £327,609 in last 1 year, £533,148 in last 2 years, £737,547 in last 3 years, £648,834 in last 4 years and £737,094 in last 5 years.
Currently average asking price of a property in New Street, London, EC2M is around £1,460,678 based on approximately 2 properties for sale. Same is the case with rental options based on 262 properties up for rent, average asking rent is around £2,756 per month.
Estimated property value in New Street, London, EC2M is £2,590,979. Average asking price is £1,460,678 while average price paid is £1,837,499 which is up by £327,609 and Avg. asking rent £2,756.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 Street, London, EC2M area. In last 1 year alone average price buyer paid is around £1,837,499 based on approximately 2 sales in New Street, London, EC2M area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £2,060,149. 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 £1,814,159 for 11 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £1,814,159 per sale.