Average Price for property in Park Royal is around £482,327 which varies based on type of property you are interested in and ranges from £738,934 for detached house to around £573,139 for semi-detached. Similarly terraced house is around £540,939 and a flat is worth £364,104. Values have been changing and have risen £11,271 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £29,690 in last 6 months, £52,138 in last 1 year, £94,790 in last 2 years, £123,062 in last 3 years, £123,374 in last 4 years and £140,998 in last 5 years.
Currently average asking price of a property in Park Royal is around £374,540 based on approximately 36 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £1,888 per month.
Estimated property value in Park Royal is £482,327. Average asking price is £374,540 while average price paid is £397,093 which is up by £52,138 and Avg. asking rent £1,888.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 Royal area. In last 1 year alone average price buyer paid is around £397,093 based on approximately 36 sales in Park Royal area alone. If you compare it to last 3 years sales of 99 properties where buyers paid around £382,290. 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 £463,839 for 158 and average amount paid for purchase of approx. 203 properties sold in last 7 years comes to about £426,662 per sale.