Simms Gardens, London, N2

Street Guide For Simms Gardens, London, N2

 

Simms Gardens, London, N2 Map

Estimated Price: £367,425
Average Asking Price: £4,555,300
Price change in last one year: £39,906
Average Price Paid: £241,950
Average Rent Rates: £8,033

 

Property Prices Breakdown in Simms Gardens, London, N2

Average Price for property in Simms Gardens, London, N2 is around £367,425 e.g. average price for a flat is around 367,425. Values have been changing and have risen £2,830 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,124 in last 6 months, £39,906 in last 1 year, £73,718 in last 2 years, £84,426 in last 3 years, £90,826 in last 4 years and £95,576 in last 5 years.

Currently average asking price of a property in Simms Gardens, London, N2 is around £4,555,300 based on approximately 3 properties for sale. Same is the case with rental options based on 163 properties up for rent, average asking rent is around £8,033 per month.

Estimated property value in Simms Gardens, London, N2 is £367,425. Average asking price is £4,555,300 while average price paid is £265,000 which is up by £39,906 and Avg. asking rent £8,033.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 Simms Gardens, London, N2 area. In last 1 year alone average price buyer paid is around £265,000 based on approximately 3 sales in Simms Gardens, London, N2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £259,100. 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 £241,950 for 10 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £241,950 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 £1,022,980, £1,246,988 for a 3 bedroom house, £3,072,650 for a 4 bedroom house and £3,299,250 for a 5 bedroom house. For a flat similarly the prices varies from £296,661 for a single bedroom to £464,152 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £748,750, £6,814,167 for a 4 bedroom flat and £5,625,000 for a 5 bedroom flat. To sum up the asking prices for properties in Simms Gardens, London, N2 it comes to around average £296,661 for 1 bedroom property, £560,502 for 2 bedroom, £962,280 for 3 bedroom, £3,936,077 for 4 bedroom and £3,510,682 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 £433 for 1 bedroom to £3,063 for 2 bedrooms, £3,594 for 3 bedrooms, £4,553 for 4 bedrooms and £8,306 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,122. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,736 and £3,124 for 3 bedroom. You should be generally be expecting around average £1,036 rent per month for single bedroom property, £1,904 for 2 bedroom, £3,333 for 3 bedroom, £4,553 for 4 bedroom and approximately £8,306 for a 5 bedroom property in Simms Gardens, London, N2 area.

Popular Houses in Simms Gardens, London, N2

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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