Russell Lane, London, N20

Street Guide For Russell Lane, London, N20

 
 

Russell Lane, London, N20 Map

Estimated Price: £502,512
Average Asking Price: £1,565,266
Price change in last one year: £51,666
Average Price Paid: £329,491
Average Rent Rates: £3,992

Talbie's
Talbie's, Prospect House, 2 Athenaeum Road, Whetst

Free House valuation

 

Property Prices Breakdown in Russell Lane, London, N20

Average Price for property in Russell Lane, London, N20 is around £502,512 which varies based on type of property you are interested in and ranges from £508,537 for detached house to around £537,656 for semi-detached. Similarly terraced house is around £559,599 and a flat is worth £300,289. Values have been changing and have risen £5,694 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,525 in last 6 months, £51,666 in last 1 year, £93,576 in last 2 years, £113,443 in last 3 years, £117,949 in last 4 years and £129,146 in last 5 years.

Currently average asking price of a property in Russell Lane, London, N20 is around £1,565,266 based on approximately 3 properties for sale. Same is the case with rental options based on 105 properties up for rent, average asking rent is around £3,992 per month.

Estimated property value in Russell Lane, London, N20 is £502,512. Average asking price is £1,565,266 while average price paid is £258,166 which is up by £51,666 and Avg. asking rent £3,992.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 Russell Lane, London, N20 area. In last 1 year alone average price buyer paid is around £258,166 based on approximately 3 sales in Russell Lane, London, N20 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £371,863. 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 £329,491 for 28 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £325,229 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 £612,500, £656,747 for a 3 bedroom house, £1,585,133 for a 4 bedroom house and £1,782,575 for a 5 bedroom house. For a flat similarly the prices varies from £286,650 for a single bedroom to £634,996 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £805,700. To sum up the asking prices for properties in Russell Lane, London, N20 it comes to around average £286,650 for 1 bedroom property, £634,058 for 2 bedroom, £695,365 for 3 bedroom, £1,585,133 for 4 bedroom and £1,782,575 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 £1,114 for 1 bedroom to £1,300 for 2 bedrooms, £2,175 for 3 bedrooms, £3,772 for 4 bedrooms and £5,584 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £852. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,283 and £1,790 for 3 bedroom. You should be generally be expecting around average £939 rent per month for single bedroom property, £1,283 for 2 bedroom, £2,021 for 3 bedroom, £3,772 for 4 bedroom and approximately £5,584 for a 5 bedroom property in Russell Lane, London, N20 area.

Popular Houses in Russell Lane, London, N20

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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