Average Price for property in Newick Road, London, E5 is around £858,637 which varies based on type of property you are interested in and ranges from £1,168,939 for detached house to around £1,023,172 for semi-detached. Similarly terraced house is around £1,006,753 and a flat is worth £448,281. Values have been changing and have risen £12,712 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £29,465 in last 6 months, £110,155 in last 1 year, £183,651 in last 2 years, £213,372 in last 3 years, £224,405 in last 4 years and £239,534 in last 5 years.
Currently average asking price of a property in Newick Road, London, E5 is around £547,990 based on approximately 3 properties for sale. Same is the case with rental options based on 113 properties up for rent, average asking rent is around £1,653 per month.
Estimated property value in Newick Road, London, E5 is £858,637. Average asking price is £547,990 while average price paid is £716,666 which is up by £110,155 and Avg. asking rent £1,653.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 Newick Road, London, E5 area. In last 1 year alone average price buyer paid is around £716,666 based on approximately 3 sales in Newick Road, London, E5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £660,328. 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 £524,164 for 14 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £532,220 per sale.