Park Road, London, NW4

Street Guide For Park Road, London, NW4

 
 

Park Road, London, NW4 Map

Estimated Price: £475,398
Average Asking Price: £601,601
Price change in last one year: £46,742
Average Price Paid: £327,106
Average Rent Rates: £2,304

Karan Fossils
229 High Street, Acton, London, W3 9BY

Free House valuation

 

Property Prices Breakdown in Park Road, London, NW4

Average Price for property in Park Road, London, NW4 is around £475,398 which varies based on type of property you are interested in and ranges from £481,555 for detached house to around £421,798 for semi-detached. Similarly terraced house is around £551,877 and a flat is worth £287,496. Values have been changing and have risen £10,769 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £28,886 in last 6 months, £46,742 in last 1 year, £87,797 in last 2 years, £114,795 in last 3 years, £115,400 in last 4 years and £127,923 in last 5 years.

Currently average asking price of a property in Park Road, London, NW4 is around £601,601 based on approximately 5 properties for sale. Same is the case with rental options based on 459 properties up for rent, average asking rent is around £2,304 per month.

Estimated property value in Park Road, London, NW4 is £475,398. Average asking price is £601,601 while average price paid is £420,600 which is up by £46,742 and Avg. asking rent £2,304.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, NW4 area. In last 1 year alone average price buyer paid is around £420,600 based on approximately 5 sales in Park Road, London, NW4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £382,000. 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 £327,106 for 20 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £326,088 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 £208,167, £447,475 for a 2 bedroom house, £576,511 for a 3 bedroom house, £855,091 for a 4 bedroom house and £940,694 for a 5 bedroom house. For a flat similarly the prices varies from £268,454 for a single bedroom to £409,655 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £685,394, £545,000 for a 4 bedroom flat and £450,000 for a 5 bedroom flat. To sum up the asking prices for properties in Park Road, London, NW4 it comes to around average £257,150 for 1 bedroom property, £411,082 for 2 bedroom, £630,186 for 3 bedroom, £841,309 for 4 bedroom and £921,066 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 £791 for 1 bedroom to £1,701 for 2 bedrooms, £2,225 for 3 bedrooms, £3,097 for 4 bedrooms and £3,825 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,098. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,494, £2,370 for 3 bedroom, £2,733 for 4 bedroom and around £2,817 for 5 bedroom flat. You should be generally be expecting around average £1,037 rent per month for single bedroom property, £1,497 for 2 bedroom, £2,313 for 3 bedroom, £3,060 for 4 bedroom and approximately £3,810 for a 5 bedroom property in Park Road, London, NW4 area.

Popular Houses in Park Road, London, NW4

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.

Transportation in Park Road, London, NW4

Areas in and around Park Road, London, NW4