Pitt Street, London, W8

Street Guide For Pitt Street, London, W8

 
 

Pitt Street, London, W8 Map

Estimated Price: £2,452,158
Average Asking Price: £3,438,967
Price change in last one year: £219,288
Average Price Paid: £2,027,812
Average Rent Rates: £5,312

Interlet International
14 Abingdon Road, London, W8 6AF

Free House valuation

 

Property Prices Breakdown in Pitt Street, London, W8

Average Price for property in Pitt Street, London, W8 is around £2,452,158 which varies based on type of property you are interested in and ranges from £9,175,805 for detached house to around £4,669,857 for terraced house. Similarly flat is around £1,562,726. Values have been changing and have risen £21,437 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £63,154 in last 6 months, £219,288 in last 1 year, £486,099 in last 2 years, £639,273 in last 3 years, £692,147 in last 4 years and £747,036 in last 5 years.

Currently average asking price of a property in Pitt Street, London, W8 is around £3,438,967 based on approximately 2 properties for sale. Same is the case with rental options based on 1,098 properties up for rent, average asking rent is around £5,312 per month.

Estimated property value in Pitt Street, London, W8 is £2,452,158. Average asking price is £3,438,967 while average price paid is £2,475,000 which is up by £219,288 and Avg. asking rent £5,312.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 Pitt Street, London, W8 area. In last 1 year alone average price buyer paid is around £2,475,000 based on approximately 2 sales in Pitt Street, London, W8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £2,350,000. 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 £2,027,812 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £1,971,791 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 £650,000, £2,225,000 for a 2 bedroom house, £4,777,273 for a 3 bedroom house, £5,823,077 for a 4 bedroom house and £7,599,947 for a 5 bedroom house. For a flat similarly the prices varies from £1,049,649 for a single bedroom to £1,587,692 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,737,499, £4,690,206 for a 4 bedroom flat and £14,424,833 for a 5 bedroom flat. To sum up the asking prices for properties in Pitt Street, London, W8 it comes to around average £1,038,547 for 1 bedroom property, £1,639,088 for 2 bedroom, £3,044,862 for 3 bedroom, £5,181,117 for 4 bedroom and £9,237,920 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 £3,401 for 1 bedroom to £5,163 for 2 bedrooms, £8,494 for 3 bedrooms, £10,566 for 4 bedrooms and £14,777 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,785. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,993, £7,598 for 3 bedroom, £10,873 for 4 bedroom and around £16,913 for 5 bedroom flat. You should be generally be expecting around average £2,826 rent per month for single bedroom property, £4,110 for 2 bedroom, £7,744 for 3 bedroom, £10,807 for 4 bedroom and approximately £16,379 for a 5 bedroom property in Pitt Street, London, W8 area.

Popular Houses in Pitt Street, London, W8

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 Pitt Street, London, W8

Areas in and around Pitt Street, London, W8