Orchard Grove, Burnt Oak, Edgware, HA8

Street Guide For Orchard Grove, Burnt Oak, Edgware, HA8

 
 

Orchard Grove, Burnt Oak, Edgware, HA8 Map

Estimated Price: £426,616
Average Asking Price: £542,837
Price change in last one year: £41,932
Average Price Paid: £330,854
Average Rent Rates: £1,513

 

Property Prices Breakdown in Orchard Grove, Burnt Oak, Edgware, HA8

Average Price for property in Orchard Grove, Burnt Oak, Edgware, HA8 is around £426,616 which varies based on type of property you are interested in and ranges from £719,813 for detached house to around £421,843 for semi-detached. Similarly terraced house is around £416,783. Values have been changing and have risen £4,356 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,934 in last 6 months, £41,932 in last 1 year, £77,121 in last 2 years, £81,235 in last 3 years, £85,522 in last 4 years and £89,040 in last 5 years.

Currently average asking price of a property in Orchard Grove, Burnt Oak, Edgware, HA8 is around £542,837 based on approximately 4 properties for sale. Same is the case with rental options based on 210 properties up for rent, average asking rent is around £1,513 per month.

Estimated property value in Orchard Grove, Burnt Oak, Edgware, HA8 is £426,616. Average asking price is £542,837 while average price paid is £334,987 which is up by £41,932 and Avg. asking rent £1,513.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 Orchard Grove, Burnt Oak, Edgware, HA8 area. In last 1 year alone average price buyer paid is around £334,987 based on approximately 4 sales in Orchard Grove, Burnt Oak, Edgware, HA8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £341,556. 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 £330,854 for 11 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £310,661 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 £388,106, £494,478 for a 3 bedroom house, £741,932 for a 4 bedroom house and £861,321 for a 5 bedroom house. For a flat similarly the prices varies from £215,860 for a single bedroom to £351,127 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £450,075. To sum up the asking prices for properties in Orchard Grove, Burnt Oak, Edgware, HA8 it comes to around average £215,860 for 1 bedroom property, £358,523 for 2 bedroom, £488,928 for 3 bedroom, £741,932 for 4 bedroom and £861,321 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 £820 for 1 bedroom to £1,317 for 2 bedrooms, £1,697 for 3 bedrooms, £2,288 for 4 bedrooms and £2,820 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £989. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,269, £1,541 for 3 bedroom, £1,699 for 4 bedroom and around £1,660 for 5 bedroom flat. You should be generally be expecting around average £956 rent per month for single bedroom property, £1,274 for 2 bedroom, £1,674 for 3 bedroom, £2,265 for 4 bedroom and approximately £2,627 for a 5 bedroom property in Orchard Grove, Burnt Oak, Edgware, HA8 area.

Popular Houses in Orchard Grove, Burnt Oak, Edgware, HA8

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 Orchard Grove, Burnt Oak, Edgware, HA8

Areas in and around Orchard Grove, Burnt Oak, Edgware, HA8