Old Ford Road, London, E2

Street Guide For Old Ford Road, London, E2

 
 

Old Ford Road, London, E2 Map

Estimated Price: £529,882
Average Asking Price: £554,741
Price change in last one year: £54,897
Average Price Paid: £386,263
Average Rent Rates: £2,167

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

Free House valuation

 

Property Prices Breakdown in Old Ford Road, London, E2

Average Price for property in Old Ford Road, London, E2 is around £529,882 which varies based on type of property you are interested in and ranges from £873,221 for detached house to around £703,308 for semi-detached. Similarly terraced house is around £744,688 and a flat is worth £403,943. Values have been changing and have risen £4,153 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,032 in last 6 months, £54,897 in last 1 year, £104,789 in last 2 years, £115,127 in last 3 years, £120,538 in last 4 years and £134,148 in last 5 years.

Currently average asking price of a property in Old Ford Road, London, E2 is around £554,741 based on approximately 11 properties for sale. Same is the case with rental options based on 458 properties up for rent, average asking rent is around £2,167 per month.

Estimated property value in Old Ford Road, London, E2 is £529,882. Average asking price is £554,741 while average price paid is £501,045 which is up by £54,897 and Avg. asking rent £2,167.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 Old Ford Road, London, E2 area. In last 1 year alone average price buyer paid is around £501,045 based on approximately 11 sales in Old Ford Road, London, E2 area alone. If you compare it to last 3 years sales of 28 properties where buyers paid around £424,392. 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 £386,263 for 38 and average amount paid for purchase of approx. 53 properties sold in last 7 years comes to about £342,254 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 £475,000, £596,421 for a 2 bedroom house, £801,989 for a 3 bedroom house, £524,995 for a 4 bedroom house and £1,500,000 for a 5 bedroom house. For a flat similarly the prices varies from £418,454 for a single bedroom to £530,453 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £652,089, £498,332 for a 4 bedroom flat and £800,000 for a 5 bedroom flat. To sum up the asking prices for properties in Old Ford Road, London, E2 it comes to around average £420,548 for 1 bedroom property, £536,298 for 2 bedroom, £673,504 for 3 bedroom, £500,998 for 4 bedroom and £1,266,667 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 £1,640 for 1 bedroom to £1,913 for 2 bedroom, £2,810 for 3 bedroom and £3,083 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,637. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,122, £2,594 for 3 bedroom, £3,247 for 4 bedroom and around £737 for 5 bedroom flat. You should be generally be expecting around average £1,637 rent per month for single bedroom property, £2,112 for 2 bedroom, £2,679 for 3 bedroom, £3,211 for 4 bedroom and approximately £737 for a 5 bedroom property in Old Ford Road, London, E2 area.

Popular Houses in Old Ford Road, London, E2

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 Old Ford Road, London, E2

Areas in and around Old Ford Road, London, E2