Orchard Road, London, N6

Street Guide For Orchard Road, London, N6

 

Orchard Road, London, N6 Map

Estimated Price: £995,516
Average Asking Price: £1,998,563
Price change in last one year: £119,445
Average Price Paid: £846,868
Average Rent Rates: £2,954

 

Property Prices Breakdown in Orchard Road, London, N6

Average Price for property in Orchard Road, London, N6 is around £995,516 which varies based on type of property you are interested in and ranges from £363,241 for semi-detached to around £1,024,256 for terraced house. Values have been changing and have risen £13,153 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £36,218 in last 6 months, £119,445 in last 1 year, £207,650 in last 2 years, £235,113 in last 3 years, £252,632 in last 4 years and £270,484 in last 5 years.

Currently average asking price of a property in Orchard Road, London, N6 is around £1,998,563 based on approximately 2 properties for sale. Same is the case with rental options based on 220 properties up for rent, average asking rent is around £2,954 per month.

Estimated property value in Orchard Road, London, N6 is £995,516. Average asking price is £1,998,563 while average price paid is £1,225,000 which is up by £119,445 and Avg. asking rent £2,954.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 Road, London, N6 area. In last 1 year alone average price buyer paid is around £1,225,000 based on approximately 2 sales in Orchard Road, London, N6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £1,041,250. 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 £846,868 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £809,995 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 £735,000, £549,983 for a 2 bedroom house, £1,576,000 for a 3 bedroom house, £1,726,298 for a 4 bedroom house and £2,504,086 for a 5 bedroom house. For a flat similarly the prices varies from £456,737 for a single bedroom to £647,243 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,062,265, £1,150,000 for a 4 bedroom flat and £2,999,994 for a 5 bedroom flat. To sum up the asking prices for properties in Orchard Road, London, N6 it comes to around average £474,128 for 1 bedroom property, £642,212 for 2 bedroom, £1,150,840 for 3 bedroom, £1,702,285 for 4 bedroom and £2,740,233 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 £1,376 for 1 bedroom to £3,347 for 2 bedrooms, £5,911 for 3 bedrooms, £4,440 for 4 bedrooms and £8,358 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,358. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,888, £3,972 for 3 bedroom, £3,970 for 4 bedroom and around £8,450 for 5 bedroom flat. You should be generally be expecting around average £1,359 rent per month for single bedroom property, £2,008 for 2 bedroom, £4,383 for 3 bedroom, £4,306 for 4 bedroom and approximately £8,398 for a 5 bedroom property in Orchard Road, London, N6 area.

Popular Houses in Orchard Road, London, N6

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 Orchard Road, London, N6