Park Road, London, W7

Street Guide For Park Road, London, W7

 
 

Park Road, London, W7 Map

Estimated Price: £706,066
Average Asking Price: £497,791
Price change in last one year: £76,395
Average Price Paid: £449,325
Average Rent Rates: £1,551

Alpha Estates
4 Manor Road West Ealing, London, W13 0LH

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Property Prices Breakdown in Park Road, London, W7

Values have been changing and have risen £5,757 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,076 in last 6 months, £76,395 in last 1 year, £146,993 in last 2 years, £184,234 in last 3 years, £192,821 in last 4 years and £198,585 in last 5 years.

Currently average asking price of a property in Park Road, London, W7 is around £497,791 based on approximately 3 properties for sale. Same is the case with rental options based on 142 properties up for rent, average asking rent is around £1,551 per month.

Estimated property value in Park Road, London, W7 is £706,066. Average asking price is £497,791 while average price paid is £503,316 which is up by £76,395 and Avg. asking rent £1,551.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, W7 area. In last 1 year alone average price buyer paid is around £503,316 based on approximately 3 sales in Park Road, London, W7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £501,237. 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 £449,325 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £431,550 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 2 bedroom is around £457,495, £644,379 for a 3 bedroom house, £805,427 for a 4 bedroom house and £873,738 for a 5 bedroom house. For a flat similarly the prices varies from £299,479 for a single bedroom to £322,524 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £411,633 and £320,000 for a 4 bedroom flat. To sum up the asking prices for properties in Park Road, London, W7 it comes to around average £299,479 for 1 bedroom property, £359,003 for 2 bedroom, £624,983 for 3 bedroom, £764,975 for 4 bedroom and £873,738 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 £1,000 for 1 bedroom to £1,457 for 2 bedrooms, £1,946 for 3 bedrooms, £2,679 for 4 bedrooms and £2,550 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,281. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,287, £1,711 for 3 bedroom and £2,297 for 4 bedroom. You should be generally be expecting around average £1,257 rent per month for single bedroom property, £1,337 for 2 bedroom, £1,910 for 3 bedroom, £2,650 for 4 bedroom and approximately £2,550 for a 5 bedroom property in Park Road, London, W7 area.

Popular Houses in Park Road, London, W7

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 Park Road, London, W7