Park Avenue, London, NW2

Street Guide For Park Avenue, London, NW2

 
 

Park Avenue, London, NW2 Map

Estimated Price: £447,622
Average Asking Price: £725,991
Price change in last one year: £49,671
Average Price Paid: £308,036
Average Rent Rates: £1,885

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Property Prices Breakdown in Park Avenue, London, NW2

Average Price for property in Park Avenue, London, NW2 is around £447,622 which varies based on type of property you are interested in and ranges from £915,978 for semi-detached to around £379,082 for a flat. Values have been changing and have risen £9,294 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £24,708 in last 6 months, £49,671 in last 1 year, £84,682 in last 2 years, £117,197 in last 3 years, £112,907 in last 4 years and £128,160 in last 5 years.

Currently average asking price of a property in Park Avenue, London, NW2 is around £725,991 based on approximately 3 properties for sale. Same is the case with rental options based on 508 properties up for rent, average asking rent is around £1,885 per month.

Estimated property value in Park Avenue, London, NW2 is £447,622. Average asking price is £725,991 while average price paid is £425,350 which is up by £49,671 and Avg. asking rent £1,885.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 Park Avenue, London, NW2 area. In last 1 year alone average price buyer paid is around £425,350 based on approximately 3 sales in Park Avenue, London, NW2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £311,227. 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 £308,036 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £290,914 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 £249,950, £471,132 for a 2 bedroom house, £572,816 for a 3 bedroom house, £979,812 for a 4 bedroom house and £1,024,919 for a 5 bedroom house. For a flat similarly the prices varies from £352,178 for a single bedroom to £466,375 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £579,682, £610,825 for a 4 bedroom flat and £1,395,000 for a 5 bedroom flat. To sum up the asking prices for properties in Park Avenue, London, NW2 it comes to around average £348,246 for 1 bedroom property, £466,804 for 2 bedroom, £576,249 for 3 bedroom, £946,267 for 4 bedroom and £1,034,922 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 £922 for 1 bedroom to £1,579 for 2 bedrooms, £2,572 for 3 bedrooms, £3,429 for 4 bedrooms and £4,461 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,282. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,743, £2,226 for 3 bedroom, £4,935 for 4 bedroom and around £5,691 for 5 bedroom flat. You should be generally be expecting around average £1,244 rent per month for single bedroom property, £1,732 for 2 bedroom, £2,329 for 3 bedroom, £4,068 for 4 bedroom and approximately £4,768 for a 5 bedroom property in Park Avenue, London, NW2 area.

Popular Houses in Park Avenue, London, NW2

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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