Palmerston Road, London, W3

Street Guide For Palmerston Road, London, W3

 
 

Palmerston Road, London, W3 Map

Estimated Price: £381,446
Average Asking Price: £674,997
Price change in last one year: £40,047
Average Price Paid: £299,215
Average Rent Rates: £1,944

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Property Prices Breakdown in Palmerston Road, London, W3

Average Price for property in Palmerston Road, London, W3 is around £381,446 which varies based on type of property you are interested in and ranges from £251,382 for terraced house to around £386,865 for a flat. Values have been changing and have risen £4,365 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,334 in last 6 months, £40,047 in last 1 year, £82,105 in last 2 years, £103,909 in last 3 years, £108,280 in last 4 years and £109,837 in last 5 years.

Currently average asking price of a property in Palmerston Road, London, W3 is around £674,997 based on approximately 0 properties for sale. Same is the case with rental options based on 747 properties up for rent, average asking rent is around £1,944 per month.

Estimated property value in Palmerston Road, London, W3 is £381,446. Average asking price is £674,997 while average price paid is £349,605 which is up by £103,909 and Avg. asking rent £1,944.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 Palmerston Road, London, W3 area. In last 3 years alone average price buyer paid is around £349,605 based on approximately 19 sales in Palmerston Road, London, W3 area alone. If you compare it to last 5 years sales of 26 properties where buyers paid around £299,215. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £293,688 for 27 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 £414,214, £649,333 for a 2 bedroom house, £813,230 for a 3 bedroom house, £976,702 for a 4 bedroom house and £1,337,495 for a 5 bedroom house. For a flat similarly the prices varies from £319,627 for a single bedroom to £447,628 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £541,573 and £518,653 for a 4 bedroom flat. To sum up the asking prices for properties in Palmerston Road, London, W3 it comes to around average £328,823 for 1 bedroom property, £465,218 for 2 bedroom, £713,843 for 3 bedroom, £895,870 for 4 bedroom and £1,337,495 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 £914 for 1 bedroom to £1,552 for 2 bedrooms, £2,413 for 3 bedrooms, £2,922 for 4 bedrooms and £3,245 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,248. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,618, £2,142 for 3 bedroom, £2,899 for 4 bedroom and around £2,625 for 5 bedroom flat. You should be generally be expecting around average £1,192 rent per month for single bedroom property, £1,614 for 2 bedroom, £2,263 for 3 bedroom, £2,921 for 4 bedroom and approximately £3,201 for a 5 bedroom property in Palmerston Road, London, W3 area.

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 Palmerston Road, London, W3