Newmarket Avenue, Northolt, UB5

Street Guide For Newmarket Avenue, Northolt, UB5

 

Newmarket Avenue, Northolt, UB5 Map

Estimated Price: £206,458
Average Asking Price: £299,618
Price change in last one year: £17,650
Average Price Paid: £169,020
Average Rent Rates: £1,235

 

Property Prices Breakdown in Newmarket Avenue, Northolt, UB5

Average Price for property in Newmarket Avenue, Northolt, UB5 is around £206,458 which varies based on type of property you are interested in and ranges from £311,131 for terraced house to around £186,258 for a flat. Values have been changing and have risen £1,200 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,387 in last 6 months, £17,650 in last 1 year, £27,193 in last 2 years, £36,151 in last 3 years, £34,953 in last 4 years and £37,085 in last 5 years.

Currently average asking price of a property in Newmarket Avenue, Northolt, UB5 is around £299,618 based on approximately 7 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £1,235 per month.

Estimated property value in Newmarket Avenue, Northolt, UB5 is £206,458. Average asking price is £299,618 while average price paid is £180,271 which is up by £17,650 and Avg. asking rent £1,235.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 Newmarket Avenue, Northolt, UB5 area. In last 1 year alone average price buyer paid is around £180,271 based on approximately 7 sales in Newmarket Avenue, Northolt, UB5 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £176,660. 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 £169,020 for 20 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £167,309 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 £281,862, £321,633 for a 2 bedroom house, £360,472 for a 3 bedroom house, £421,866 for a 4 bedroom house and £429,975 for a 5 bedroom house. For a flat similarly the prices varies from £186,519 for a single bedroom to £246,856 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £254,967 and £700,000 for a 5 bedroom flat. To sum up the asking prices for properties in Newmarket Avenue, Northolt, UB5 it comes to around average £198,076 for 1 bedroom property, £266,650 for 2 bedroom, £353,112 for 3 bedroom, £421,866 for 4 bedroom and £519,983 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 £605 for 1 bedroom to £1,342 for 2 bedrooms, £1,511 for 3 bedrooms, £1,750 for 4 bedrooms and £2,018 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £907. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,169 and £1,352 for 3 bedroom. You should be generally be expecting around average £829 rent per month for single bedroom property, £1,194 for 2 bedroom, £1,479 for 3 bedroom, £1,750 for 4 bedroom and approximately £2,018 for a 5 bedroom property in Newmarket Avenue, Northolt, UB5 area.

Popular Houses in Newmarket Avenue, Northolt, UB5

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.

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