Average Price for property in Russell Road, London, E16 is around £230,040 which varies based on type of property you are interested in and ranges from £294,577 for terraced house to around £193,161 for a flat. Values have been changing and have risen £2,670 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,938 in last 6 months, £27,195 in last 1 year, £45,940 in last 2 years, £52,444 in last 3 years, £52,486 in last 4 years and £56,917 in last 5 years.
Currently average asking price of a property in Russell Road, London, E16 is around £450,938 based on approximately 1 properties for sale. Same is the case with rental options based on 501 properties up for rent, average asking rent is around £1,716 per month.
Estimated property value in Russell Road, London, E16 is £230,040. Average asking price is £450,938 while average price paid is £120,000 which is up by £27,195 and Avg. asking rent £1,716.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 Road, London, E16 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in Russell Road, London, E16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £140,500. 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 £167,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £167,333 per sale.