Porchester Terrace, London, W2

Street Guide For Porchester Terrace, London, W2

 

Porchester Terrace, London, W2 Map

Estimated Price: £3,065,204
Average Asking Price: £1,854,998
Price change in last one year: £350,071
Average Price Paid: £1,958,333
Average Rent Rates: £3,266

 

Property Prices Breakdown in Porchester Terrace, London, W2

Average Price for property in Porchester Terrace, London, W2 is around £3,065,204 which varies based on type of property you are interested in and ranges from £8,810,013 for detached house to around £5,902,595 for semi-detached. Similarly terraced house is around £4,407,672 and a flat is worth £1,647,426. Values have been changing and have risen £35,206 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £97,543 in last 6 months, £350,071 in last 1 year, £675,939 in last 2 years, £827,242 in last 3 years, £860,836 in last 4 years and £895,095 in last 5 years.

Currently average asking price of a property in Porchester Terrace, London, W2 is around £1,854,998 based on approximately 0 properties for sale. Same is the case with rental options based on 2,040 properties up for rent, average asking rent is around £3,266 per month.

Estimated property value in Porchester Terrace, London, W2 is £3,065,204. Average asking price is £1,854,998 while average price paid is £3,029,166 which is up by £827,242 and Avg. asking rent £3,266.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 Porchester Terrace, London, W2 area. In last 3 years alone average price buyer paid is around £3,029,166 based on approximately 6 sales in Porchester Terrace, London, W2 area alone. If you compare it to last 5 years sales of 12 properties where buyers paid around £1,958,333. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £1,871,153 for 13 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 £1,165,000, £1,324,056 for a 2 bedroom house, £2,895,236 for a 3 bedroom house, £3,904,167 for a 4 bedroom house and £4,303,165 for a 5 bedroom house. For a flat similarly the prices varies from £687,215 for a single bedroom to £1,249,470 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,909,822, £4,234,593 for a 4 bedroom flat and £6,892,308 for a 5 bedroom flat. To sum up the asking prices for properties in Porchester Terrace, London, W2 it comes to around average £694,008 for 1 bedroom property, £1,253,246 for 2 bedroom, £2,018,736 for 3 bedroom, £4,104,589 for 4 bedroom and £5,085,929 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 £2,243 for 1 bedroom to £4,023 for 2 bedrooms, £5,429 for 3 bedrooms, £8,309 for 4 bedrooms and £10,738 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,005. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,015, £4,618 for 3 bedroom, £7,848 for 4 bedroom and around £8,450 for 5 bedroom flat. You should be generally be expecting around average £2,016 rent per month for single bedroom property, £3,091 for 2 bedroom, £4,719 for 3 bedroom, £8,042 for 4 bedroom and approximately £10,357 for a 5 bedroom property in Porchester Terrace, London, W2 area.

Popular Houses in Porchester Terrace, London, W2

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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