Smith Street, London, SW3

Street Guide For Smith Street, London, SW3

 
 

Smith Street, London, SW3 Map

Estimated Price: £3,400,205
Average Asking Price: £2,852,240
Price change in last one year: £338,634
Average Price Paid: £2,279,923
Average Rent Rates: £4,766

Plaza Estates
51 Beauchamp Place, Knightsbridge, SW3 1NY

Free House valuation

 

Property Prices Breakdown in Smith Street, London, SW3

Average Price for property in Smith Street, London, SW3 is around £3,400,205 which varies based on type of property you are interested in and ranges from £10,917,451 for detached house to around £5,126,293 for terraced house. Similarly flat is around £1,187,626. Values have been changing and have risen £14,272 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £50,145 in last 6 months, £338,634 in last 1 year, £620,828 in last 2 years, £864,915 in last 3 years, £980,112 in last 4 years and £1,008,974 in last 5 years.

Currently average asking price of a property in Smith Street, London, SW3 is around £2,852,240 based on approximately 4 properties for sale. Same is the case with rental options based on 1,670 properties up for rent, average asking rent is around £4,766 per month.

Estimated property value in Smith Street, London, SW3 is £3,400,205. Average asking price is £2,852,240 while average price paid is £3,038,000 which is up by £338,634 and Avg. asking rent £4,766.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 Smith Street, London, SW3 area. In last 1 year alone average price buyer paid is around £3,038,000 based on approximately 4 sales in Smith Street, London, SW3 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £2,365,722. 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 £2,279,923 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £2,648,029 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 £797,500, £2,878,333 for a 2 bedroom house, £3,623,400 for a 3 bedroom house, £4,590,417 for a 4 bedroom house and £7,909,722 for a 5 bedroom house. For a flat similarly the prices varies from £1,033,602 for a single bedroom to £2,033,473 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,384,333, £9,857,143 for a 4 bedroom flat and £13,950,000 for a 5 bedroom flat. To sum up the asking prices for properties in Smith Street, London, SW3 it comes to around average £1,027,913 for 1 bedroom property, £2,067,495 for 2 bedroom, £3,444,099 for 3 bedroom, £5,779,677 for 4 bedroom and £8,227,632 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 £4,426 for 1 bedroom to £4,585 for 2 bedrooms, £10,238 for 3 bedrooms, £15,210 for 4 bedrooms and £20,607 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,760. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £4,044, £9,023 for 3 bedroom, £14,845 for 4 bedroom and around £32,861 for 5 bedroom flat. You should be generally be expecting around average £2,869 rent per month for single bedroom property, £4,089 for 2 bedroom, £9,296 for 3 bedroom, £15,080 for 4 bedroom and approximately £23,671 for a 5 bedroom property in Smith Street, London, SW3 area.

Popular Houses in Smith Street, London, SW3

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 Smith Street, London, SW3

Areas in and around Smith Street, London, SW3