Shanklin Road, London, N8

Street Guide For Shanklin Road, London, N8

 
 

Shanklin Road, London, N8 Map

Estimated Price: £681,713
Average Asking Price: £623,945
Price change in last one year: £77,214
Average Price Paid: £571,100
Average Rent Rates: £1,631

Hobarts Estate Agents
3 Crescent Road, Alexandra Park , London

Free House valuation

 

Property Prices Breakdown in Shanklin Road, London, N8

Values have been changing and have risen £9,200 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £25,278 in last 6 months, £77,214 in last 1 year, £144,451 in last 2 years, £159,362 in last 3 years, £165,338 in last 4 years and £185,691 in last 5 years.

Currently average asking price of a property in Shanklin Road, London, N8 is around £623,945 based on approximately 1 properties for sale. Same is the case with rental options based on 280 properties up for rent, average asking rent is around £1,631 per month.

Estimated property value in Shanklin Road, London, N8 is £681,713. Average asking price is £623,945 while average price paid is £390,000 which is up by £77,214 and Avg. asking rent £1,631.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 Shanklin Road, London, N8 area. In last 1 year alone average price buyer paid is around £390,000 based on approximately 1 sales in Shanklin Road, London, N8 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £505,833. 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 £571,100 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £582,813 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 £249,999, £584,279 for a 2 bedroom house, £692,618 for a 3 bedroom house, £969,279 for a 4 bedroom house and £1,414,996 for a 5 bedroom house. For a flat similarly the prices varies from £334,300 for a single bedroom to £487,190 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £529,490 and £550,000 for a 4 bedroom flat. To sum up the asking prices for properties in Shanklin Road, London, N8 it comes to around average £331,891 for 1 bedroom property, £497,646 for 2 bedroom, £636,367 for 3 bedroom, £941,327 for 4 bedroom and £1,414,996 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 £823 for 1 bedroom to £1,746 for 2 bedrooms, £2,206 for 3 bedrooms, £2,955 for 4 bedrooms and £3,185 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,238. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,594, £2,074 for 3 bedroom and £2,600 for 4 bedroom. You should be generally be expecting around average £1,221 rent per month for single bedroom property, £1,627 for 2 bedroom, £2,099 for 3 bedroom, £2,923 for 4 bedroom and approximately £3,185 for a 5 bedroom property in Shanklin Road, London, N8 area.

Popular Houses in Shanklin Road, London, N8

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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