Newick Road, London, E5

Street Guide For Newick Road, London, E5

 
 

Newick Road, London, E5 Map

Estimated Price: £858,637
Average Asking Price: £547,990
Price change in last one year: £110,155
Average Price Paid: £524,164
Average Rent Rates: £1,653

Samson Estate Agents
269-271 High Street, Stratford, London, E15-2TF

Free House valuation

 

Property Prices Breakdown in Newick Road, London, E5

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.

 
 
 
 

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 £340,000, £565,000 for a 2 bedroom house, £733,328 for a 3 bedroom house, £852,053 for a 4 bedroom house and £1,075,000 for a 5 bedroom house. For a flat similarly the prices varies from £319,241 for a single bedroom to £432,419 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £562,283. To sum up the asking prices for properties in Newick Road, London, E5 it comes to around average £320,971 for 1 bedroom property, £444,256 for 2 bedroom, £619,298 for 3 bedroom, £852,053 for 4 bedroom and £1,075,000 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 £907 for 1 bedroom to £2,268 for 3 bedroom and £2,883 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,270. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,509, £1,943 for 3 bedroom and £2,489 for 4 bedroom. You should be generally be expecting around average £1,216 rent per month for single bedroom property, £1,509 for 2 bedroom, £2,040 for 3 bedroom and approximately £2,607 for 4 bedroom property in Newick Road, London, E5 area.

Popular Houses in Newick Road, London, E5

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 Newick Road, London, E5

Areas in and around Newick Road, London, E5