Patience Road, London, SW11

Street Guide For Patience Road, London, SW11

 
 

Patience Road, London, SW11 Map

Estimated Price: £986,018
Average Asking Price: £1,016,301
Price change in last one year: £107,889
Average Price Paid: £711,666
Average Rent Rates: £2,781

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

Free House valuation

 

Property Prices Breakdown in Patience Road, London, SW11

Values have been changing and have risen £1,558 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,353 in last 6 months, £107,889 in last 1 year, £194,260 in last 2 years, £260,517 in last 3 years, £297,464 in last 4 years and £299,760 in last 5 years.

Currently average asking price of a property in Patience Road, London, SW11 is around £1,016,301 based on approximately 1 properties for sale. Same is the case with rental options based on 561 properties up for rent, average asking rent is around £2,781 per month.

Estimated property value in Patience Road, London, SW11 is £986,018. Average asking price is £1,016,301 while average price paid is £1,090,000 which is up by £107,889 and Avg. asking rent £2,781.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 Patience Road, London, SW11 area. In last 1 year alone average price buyer paid is around £1,090,000 based on approximately 1 sales in Patience Road, London, SW11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £926,666. 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 £711,666 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £643,590 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 £793,738, £775,956 for a 2 bedroom house, £1,432,481 for a 3 bedroom house, £1,419,201 for a 4 bedroom house and £2,233,478 for a 5 bedroom house. For a flat similarly the prices varies from £468,125 for a single bedroom to £744,554 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,000,233, £3,022,500 for a 4 bedroom flat and £4,747,500 for a 5 bedroom flat. To sum up the asking prices for properties in Patience Road, London, SW11 it comes to around average £479,754 for 1 bedroom property, £748,346 for 2 bedroom, £1,152,232 for 3 bedroom, £1,730,953 for 4 bedroom and £2,434,600 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 £1,428 for 1 bedroom to £2,236 for 2 bedrooms, £3,493 for 3 bedrooms, £3,567 for 4 bedrooms and £5,607 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,671. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,193, £3,726 for 3 bedroom, £12,318 for 4 bedroom and around £12,883 for 5 bedroom flat. You should be generally be expecting around average £1,664 rent per month for single bedroom property, £2,197 for 2 bedroom, £3,640 for 3 bedroom, £6,768 for 4 bedroom and approximately £8,206 for a 5 bedroom property in Patience Road, London, SW11 area.

Popular Houses in Patience Road, London, SW11

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 Patience Road, London, SW11