Newton Street, London, WC2B

Street Guide For Newton Street, London, WC2B

 

Newton Street, London, WC2B Map

Estimated Price: £881,798
Average Asking Price: £2,168,154
Price change in last one year: £6,576
Average Price Paid: £853,412
Average Rent Rates: £4,621

 

Property Prices Breakdown in Newton Street, London, WC2B

Average Price for property in Newton Street, London, WC2B is around £881,798 e.g. average price for a flat is around 881,798. Values have been changing and have risen £472 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,150 in last 6 months, £6,576 in last 1 year, £160,560 in last 2 years, £164,244 in last 3 years, £192,628 in last 4 years and £220,980 in last 5 years.

Currently average asking price of a property in Newton Street, London, WC2B is around £2,168,154 based on approximately 2 properties for sale. Same is the case with rental options based on 275 properties up for rent, average asking rent is around £4,621 per month.

Estimated property value in Newton Street, London, WC2B is £881,798. Average asking price is £2,168,154 while average price paid is £663,885 which is up by £6,576 and Avg. asking rent £4,621.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 Newton Street, London, WC2B area. In last 1 year alone average price buyer paid is around £663,885 based on approximately 2 sales in Newton Street, London, WC2B area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £1,092,221. 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 £853,412 for 14 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £705,858 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 £599,950, £2,064,929 for a 2 bedroom house, £2,850,000 for a 3 bedroom house and £4,400,000 for a 4 bedroom house. For a flat similarly the prices varies from £1,056,444 for a single bedroom to £2,283,854 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,648,031 and £5,712,500 for a 4 bedroom flat. To sum up the asking prices for properties in Newton Street, London, WC2B it comes to around average £1,048,435 for 1 bedroom property, £2,257,880 for 2 bedroom, £3,579,629 for 3 bedroom and £5,450,000 for 4 bedroom.

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 £2,308 for 1 bedroom to £4,535 for 2 bedroom, £8,580 for 3 bedroom and £18,742 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,701. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £4,484, £6,825 for 3 bedroom, £16,689 for 4 bedroom and around £16,033 for 5 bedroom flat. You should be generally be expecting around average £2,684 rent per month for single bedroom property, £4,491 for 2 bedroom, £7,099 for 3 bedroom, £16,689 for 4 bedroom and approximately £17,839 for a 5 bedroom property in Newton Street, London, WC2B area.

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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Areas in and around Newton Street, London, WC2B