Newburn Street, London, SE11

Street Guide For Newburn Street, London, SE11

 
 

Newburn Street, London, SE11 Map

Estimated Price: £392,907
Average Asking Price: £644,122
Price change in last one year: £41,061
Average Price Paid: £275,919
Average Rent Rates: £1,959

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

Free House valuation

 

Property Prices Breakdown in Newburn Street, London, SE11

Average Price for property in Newburn Street, London, SE11 is around £392,907 which varies based on type of property you are interested in and ranges from £546,866 for semi-detached to around £383,850 for a flat. Values have been changing and have risen £2,589 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,328 in last 6 months, £41,061 in last 1 year, £77,686 in last 2 years, £94,731 in last 3 years, £92,636 in last 4 years and £101,927 in last 5 years.

Currently average asking price of a property in Newburn Street, London, SE11 is around £644,122 based on approximately 2 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £1,959 per month.

Estimated property value in Newburn Street, London, SE11 is £392,907. Average asking price is £644,122 while average price paid is £471,000 which is up by £41,061 and Avg. asking rent £1,959.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 Newburn Street, London, SE11 area. In last 1 year alone average price buyer paid is around £471,000 based on approximately 2 sales in Newburn Street, London, SE11 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £291,333. 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 £275,919 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £270,121 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 £499,000, £770,750 for a 2 bedroom house, £1,241,359 for a 3 bedroom house, £1,251,667 for a 4 bedroom house and £1,475,000 for a 5 bedroom house. For a flat similarly the prices varies from £442,369 for a single bedroom to £651,069 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £869,947 and £1,010,000 for a 4 bedroom flat. To sum up the asking prices for properties in Newburn Street, London, SE11 it comes to around average £443,178 for 1 bedroom property, £654,899 for 2 bedroom, £1,006,132 for 3 bedroom, £1,155,000 for 4 bedroom and £1,475,000 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 £1,901 for 2 bedroom to £3,070 for 3 bedroom and £2,817 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,484. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,033, £2,548 for 3 bedroom and £2,726 for 4 bedroom. You should be generally be expecting around average £1,484 rent per month for single bedroom property, £2,025 for 2 bedroom, £2,643 for 3 bedroom and approximately £2,771 for 4 bedroom property in Newburn Street, London, SE11 area.

Popular Houses in Newburn Street, London, SE11

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 Newburn Street, London, SE11

Areas in and around Newburn Street, London, SE11