Norwood Road, London, SE27

Street Guide For Norwood Road, London, SE27

 
 

Norwood Road, London, SE27 Map

Estimated Price: £328,527
Average Asking Price: £506,152
Price change in last one year: £40,580
Average Price Paid: £204,643
Average Rent Rates: £1,601

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Norwood Road, London, SE27

Values have been changing and have risen £3,692 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,746 in last 6 months, £40,580 in last 1 year, £71,732 in last 2 years, £81,833 in last 3 years, £83,579 in last 4 years and £90,011 in last 5 years.

Currently average asking price of a property in Norwood Road, London, SE27 is around £506,152 based on approximately 7 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £1,601 per month.

Estimated property value in Norwood Road, London, SE27 is £328,527. Average asking price is £506,152 while average price paid is £259,690 which is up by £40,580 and Avg. asking rent £1,601.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 Norwood Road, London, SE27 area. In last 1 year alone average price buyer paid is around £259,690 based on approximately 7 sales in Norwood Road, London, SE27 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £233,530. 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 £204,643 for 17 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £207,796 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 £485,522, £555,728 for a 3 bedroom house, £694,271 for a 4 bedroom house and £949,971 for a 5 bedroom house. For a flat similarly the prices varies from £291,089 for a single bedroom to £353,296 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £446,475, £600,000 for a 4 bedroom flat and £950,000 for a 5 bedroom flat. To sum up the asking prices for properties in Norwood Road, London, SE27 it comes to around average £291,089 for 1 bedroom property, £376,630 for 2 bedroom, £526,200 for 3 bedroom, £673,322 for 4 bedroom and £949,975 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 £550 for 1 bedroom to £1,351 for 2 bedrooms, £1,616 for 3 bedrooms, £2,984 for 4 bedrooms and £2,700 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,085. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,394 and £1,782 for 3 bedroom. You should be generally be expecting around average £1,032 rent per month for single bedroom property, £1,390 for 2 bedroom, £1,727 for 3 bedroom, £2,984 for 4 bedroom and approximately £2,700 for a 5 bedroom property in Norwood Road, London, SE27 area.

Popular Houses in Norwood Road, London, SE27

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 Norwood Road, London, SE27

Areas in and around Norwood Road, London, SE27