South Terrace, London, SW7

Street Guide For South Terrace, London, SW7

 
 

South Terrace, London, SW7 Map

Estimated Price: £5,050,302
Average Asking Price: £3,413,237
Price change in last one year: £453,459
Average Price Paid: £4,330,625
Average Rent Rates: £5,234

Gilli International Property Ltd
186 Brompton Park Crescent, London, SW6 1SX

Free House valuation

 

Property Prices Breakdown in South Terrace, London, SW7

Average Price for property in South Terrace, London, SW7 is around £5,050,302 e.g. average price for terraced house is around 5,050,302. Values have been changing and have risen £7,636 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,066 in last 6 months, £453,459 in last 1 year, £901,439 in last 2 years, £1,308,394 in last 3 years, £1,524,768 in last 4 years and £1,488,987 in last 5 years.

Currently average asking price of a property in South Terrace, London, SW7 is around £3,413,237 based on approximately 2 properties for sale. Same is the case with rental options based on 1,701 properties up for rent, average asking rent is around £5,234 per month.

Estimated property value in South Terrace, London, SW7 is £5,050,302. Average asking price is £3,413,237 while average price paid is £7,605,000 which is up by £453,459 and Avg. asking rent £5,234.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 South Terrace, London, SW7 area. In last 1 year alone average price buyer paid is around £7,605,000 based on approximately 2 sales in South Terrace, London, SW7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £4,703,333. 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 £4,330,625 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £4,330,625 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 £2,750,000, £1,491,812 for a 2 bedroom house, £3,665,278 for a 3 bedroom house, £5,675,654 for a 4 bedroom house and £7,346,667 for a 5 bedroom house. For a flat similarly the prices varies from £1,201,798 for a single bedroom to £2,009,014 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,913,704, £4,643,283 for a 4 bedroom flat and £5,849,000 for a 5 bedroom flat. To sum up the asking prices for properties in South Terrace, London, SW7 it comes to around average £1,227,179 for 1 bedroom property, £1,958,555 for 2 bedroom, £3,870,289 for 3 bedroom, £5,149,729 for 4 bedroom and £6,972,250 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 £3,448 for 1 bedroom to £6,465 for 2 bedrooms, £10,653 for 3 bedrooms, £11,908 for 4 bedrooms and £19,908 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,979. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £4,448, £9,426 for 3 bedroom, £13,205 for 4 bedroom and around £21,396 for 5 bedroom flat. You should be generally be expecting around average £3,006 rent per month for single bedroom property, £4,614 for 2 bedroom, £9,691 for 3 bedroom, £12,804 for 4 bedroom and approximately £20,384 for a 5 bedroom property in South Terrace, London, SW7 area.

Popular Houses in South Terrace, London, SW7

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 South Terrace, London, SW7

Areas in and around South Terrace, London, SW7