SL8

Real Estate Area Guide For SL8

 

SL8 Map

Estimated Price: £583,173
Average Asking Price: £1,120,311
Price change in last one year: £41,260
Average Price Paid: £462,508
Average Rent Rates: £2,050

 

Property Prices Breakdown in SL8

Average Price for property in SL8 is around £583,173 which varies based on type of property you are interested in and ranges from £868,520 for detached house to around £453,291 for semi-detached. Similarly terraced house is around £387,022 and a flat is worth £285,725. Values have been changing and have risen £1,867 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,406 in last 6 months, £41,260 in last 1 year, £81,943 in last 2 years, £83,003 in last 3 years, £101,788 in last 4 years and £92,663 in last 5 years.

Currently average asking price of a property in SL8 is around £1,120,311 based on approximately 98 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £2,050 per month.

Estimated property value in SL8 is £583,173. Average asking price is £1,120,311 while average price paid is £483,997 which is up by £41,260 and Avg. asking rent £2,050.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 SL8 area. In last 1 year alone average price buyer paid is around £483,997 based on approximately 98 sales in SL8 area alone. If you compare it to last 3 years sales of 290 properties where buyers paid around £470,366. 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 £462,508 for 466 and average amount paid for purchase of approx. 618 properties sold in last 7 years comes to about £442,574 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 £411,667, £774,000 for a 3 bedroom house, £813,177 for a 4 bedroom house and £1,602,500 for a 5 bedroom house. For a flat similarly the prices varies from £185,000 for a single bedroom to £185,000 for a 2 bedroom Flat. To sum up the asking prices for properties in SL8 it comes to around average £185,000 for 1 bedroom property, £355,000 for 2 bedroom, £774,000 for 3 bedroom, £813,177 for 4 bedroom and £1,602,500 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 £997 for 1 bedroom to £1,084 for 2 bedroom, £1,774 for 3 bedroom and £1,846 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £780. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £1,101. You should be generally be expecting around average £867 rent per month for single bedroom property, £1,084 for 2 bedroom, £1,699 for 3 bedroom and approximately £1,846 for 4 bedroom property in SL8 area.

Popular Houses in SL8

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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