Palace View Road, London, E4

Street Guide For Palace View Road, London, E4

 
 

Palace View Road, London, E4 Map

Estimated Price: £548,435
Average Asking Price: £376,410
Price change in last one year: £62,486
Average Price Paid: £422,500
Average Rent Rates: £1,758

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

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Property Prices Breakdown in Palace View Road, London, E4

Average Price for property in Palace View Road, London, E4 is around £548,435 which varies based on type of property you are interested in and ranges from £560,568 for detached house to around £547,066 for semi-detached. Similarly terraced house is around £550,321. Values have been changing and have risen £6,294 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,476 in last 6 months, £62,486 in last 1 year, £112,294 in last 2 years, £126,257 in last 3 years, £130,388 in last 4 years and £138,159 in last 5 years.

Currently average asking price of a property in Palace View Road, London, E4 is around £376,410 based on approximately 4 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £1,758 per month.

Estimated property value in Palace View Road, London, E4 is £548,435. Average asking price is £376,410 while average price paid is £475,000 which is up by £62,486 and Avg. asking rent £1,758.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 Palace View Road, London, E4 area. In last 1 year alone average price buyer paid is around £475,000 based on approximately 4 sales in Palace View Road, London, E4 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £438,750. 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 £422,500 for 12 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £414,615 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 £262,189, £340,257 for a 2 bedroom house, £394,570 for a 3 bedroom house, £570,522 for a 4 bedroom house and £516,000 for a 5 bedroom house. For a flat similarly the prices varies from £188,618 for a single bedroom to £245,842 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £315,000 and £450,000 for a 4 bedroom flat. To sum up the asking prices for properties in Palace View Road, London, E4 it comes to around average £206,135 for 1 bedroom property, £270,084 for 2 bedroom, £393,287 for 3 bedroom, £564,496 for 4 bedroom and £516,000 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 £594 for 1 bedroom to £1,025 for 2 bedroom, £1,526 for 3 bedroom and £1,485 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £867. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,192 and £1,300 for 3 bedroom. You should be generally be expecting around average £846 rent per month for single bedroom property, £1,179 for 2 bedroom, £1,513 for 3 bedroom and approximately £1,485 for 4 bedroom property in Palace View Road, London, E4 area.

Popular Houses in Palace View Road, London, E4

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 Palace View Road, London, E4