Average Price for property in Park Road, London, N8 is around £631,892 which varies based on type of property you are interested in and ranges from £1,061,428 for detached house to around £1,164,409 for semi-detached. Similarly terraced house is around £911,308 and a flat is worth £461,851. Values have been changing and have risen £8,528 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £23,431 in last 6 months, £71,571 in last 1 year, £133,891 in last 2 years, £147,711 in last 3 years, £153,249 in last 4 years and £172,116 in last 5 years.
Currently average asking price of a property in Park Road, London, N8 is around £623,945 based on approximately 14 properties for sale. Same is the case with rental options based on 280 properties up for rent, average asking rent is around £1,631 per month.
Estimated property value in Park Road, London, N8 is £631,892. Average asking price is £623,945 while average price paid is £446,567 which is up by £71,571 and Avg. asking rent £1,631.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 Road, London, N8 area. In last 1 year alone average price buyer paid is around £446,567 based on approximately 14 sales in Park Road, London, N8 area alone. If you compare it to last 3 years sales of 60 properties where buyers paid around £393,632. 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 £394,005 for 79 and average amount paid for purchase of approx. 90 properties sold in last 7 years comes to about £388,832 per sale.