Shannon Place, London, NW8

Street Guide For Shannon Place, London, NW8

 

Shannon Place, London, NW8 Map

Estimated Price: £677,565
Average Asking Price: £2,802,342
Price change in last one year: £76,120
Average Price Paid: £615,600
Average Rent Rates: £5,755

 

Property Prices Breakdown in Shannon Place, London, NW8

Average Price for property in Shannon Place, London, NW8 is around £677,565 e.g. average price for a flat is around 677,565. Values have been changing and have risen £13,524 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £33,084 in last 6 months, £76,120 in last 1 year, £127,000 in last 2 years, £173,003 in last 3 years, £164,622 in last 4 years and £191,438 in last 5 years.

Currently average asking price of a property in Shannon Place, London, NW8 is around £2,802,342 based on approximately 3 properties for sale. Same is the case with rental options based on 2,399 properties up for rent, average asking rent is around £5,755 per month.

Estimated property value in Shannon Place, London, NW8 is £677,565. Average asking price is £2,802,342 while average price paid is £808,633 which is up by £76,120 and Avg. asking rent £5,755.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 Shannon Place, London, NW8 area. In last 1 year alone average price buyer paid is around £808,633 based on approximately 3 sales in Shannon Place, London, NW8 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £705,150. 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 £615,600 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £561,800 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 £3,000,000, £1,394,500 for a 2 bedroom house, £2,549,994 for a 3 bedroom house, £3,857,655 for a 4 bedroom house and £6,943,438 for a 5 bedroom house. For a flat similarly the prices varies from £623,083 for a single bedroom to £1,441,347 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,340,380, £4,190,842 for a 4 bedroom flat and £4,716,666 for a 5 bedroom flat. To sum up the asking prices for properties in Shannon Place, London, NW8 it comes to around average £645,506 for 1 bedroom property, £1,438,382 for 2 bedroom, £2,352,097 for 3 bedroom, £4,042,759 for 4 bedroom and £6,141,800 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 £2,024 for 1 bedroom to £3,493 for 2 bedrooms, £6,435 for 3 bedrooms, £10,672 for 4 bedrooms and £11,551 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,934. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,077, £6,096 for 3 bedroom, £8,343 for 4 bedroom and around £7,281 for 5 bedroom flat. You should be generally be expecting around average £1,940 rent per month for single bedroom property, £3,101 for 2 bedroom, £6,120 for 3 bedroom, £9,091 for 4 bedroom and approximately £8,109 for a 5 bedroom property in Shannon Place, London, NW8 area.

Popular Houses in Shannon Place, London, NW8

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 Shannon Place, London, NW8

Areas in and around Shannon Place, London, NW8