Newham Way, London, E6

Street Guide For Newham Way, London, E6

 

Newham Way, London, E6 Map

Estimated Price: £291,263
Average Asking Price: £292,063
Price change in last one year: £34,218
Average Price Paid: £222,776
Average Rent Rates: £1,453

 

Property Prices Breakdown in Newham Way, London, E6

Values have been changing and have risen £3,339 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,256 in last 6 months, £34,218 in last 1 year, £57,268 in last 2 years, £65,273 in last 3 years, £68,825 in last 4 years and £70,886 in last 5 years.

Currently average asking price of a property in Newham Way, London, E6 is around £292,063 based on approximately 5 properties for sale. Same is the case with rental options based on 161 properties up for rent, average asking rent is around £1,453 per month.

Estimated property value in Newham Way, London, E6 is £291,263. Average asking price is £292,063 while average price paid is £243,600 which is up by £34,218 and Avg. asking rent £1,453.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 Newham Way, London, E6 area. In last 1 year alone average price buyer paid is around £243,600 based on approximately 5 sales in Newham Way, London, E6 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £229,833. 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 £222,776 for 19 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £227,056 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 £262,222, £308,379 for a 3 bedroom house, £370,373 for a 4 bedroom house and £452,206 for a 5 bedroom house. For a flat similarly the prices varies from £177,659 for a single bedroom to £200,483 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £248,571. To sum up the asking prices for properties in Newham Way, London, E6 it comes to around average £177,659 for 1 bedroom property, £219,643 for 2 bedroom, £302,268 for 3 bedroom, £370,373 for 4 bedroom and £452,206 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 £731 for 1 bedroom to £1,263 for 2 bedrooms, £1,532 for 3 bedrooms, £1,674 for 4 bedrooms and £1,075 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £857. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,153, £1,333 for 3 bedroom and £2,253 for 4 bedroom. You should be generally be expecting around average £827 rent per month for single bedroom property, £1,205 for 2 bedroom, £1,517 for 3 bedroom, £1,719 for 4 bedroom and approximately £1,074 for a 5 bedroom property in Newham Way, London, E6 area.

Popular Houses in Newham Way, London, E6

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 Newham Way, London, E6

Areas in and around Newham Way, London, E6