Packington Street, London, N1

Street Guide For Packington Street, London, N1

 

Packington Street, London, N1 Map

Estimated Price: £687,080
Average Asking Price: £837,434
Price change in last one year: £72,998
Average Price Paid: £402,171
Average Rent Rates: £2,417

 

Property Prices Breakdown in Packington Street, London, N1

Average Price for property in Packington Street, London, N1 is around £687,080 which varies based on type of property you are interested in and ranges from £1,193,109 for detached house to around £1,120,591 for semi-detached. Similarly terraced house is around £1,331,917 and a flat is worth £619,093. Values have been changing and have risen £5,687 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,538 in last 6 months, £72,998 in last 1 year, £143,150 in last 2 years, £158,965 in last 3 years, £166,324 in last 4 years and £182,517 in last 5 years.

Currently average asking price of a property in Packington Street, London, N1 is around £837,434 based on approximately 6 properties for sale. Same is the case with rental options based on 923 properties up for rent, average asking rent is around £2,417 per month.

Estimated property value in Packington Street, London, N1 is £687,080. Average asking price is £837,434 while average price paid is £554,583 which is up by £72,998 and Avg. asking rent £2,417.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 Packington Street, London, N1 area. In last 1 year alone average price buyer paid is around £554,583 based on approximately 6 sales in Packington Street, London, N1 area alone. If you compare it to last 3 years sales of 51 properties where buyers paid around £382,424. 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 £402,171 for 59 and average amount paid for purchase of approx. 68 properties sold in last 7 years comes to about £399,561 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 £462,480, £857,772 for a 2 bedroom house, £1,351,748 for a 3 bedroom house, £1,562,385 for a 4 bedroom house and £2,202,777 for a 5 bedroom house. For a flat similarly the prices varies from £550,498 for a single bedroom to £753,078 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £963,402 and £1,000,000 for a 4 bedroom flat. To sum up the asking prices for properties in Packington Street, London, N1 it comes to around average £544,026 for 1 bedroom property, £758,090 for 2 bedroom, £1,053,715 for 3 bedroom, £1,471,187 for 4 bedroom and £2,202,777 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 £1,468 for 1 bedroom to £2,819 for 2 bedrooms, £4,256 for 3 bedrooms, £5,261 for 4 bedrooms and £6,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,709. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,524, £3,427 for 3 bedroom, £3,055 for 4 bedroom and around £3,412 for 5 bedroom flat. You should be generally be expecting around average £1,694 rent per month for single bedroom property, £2,540 for 2 bedroom, £3,646 for 3 bedroom, £4,158 for 4 bedroom and approximately £4,442 for a 5 bedroom property in Packington Street, London, N1 area.

Popular Houses in Packington Street, London, N1

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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