Average Price for property in St. Michaels Close, London, E16 is around £300,336 which varies based on type of property you are interested in and ranges from £333,868 for detached house to around £322,601 for semi-detached. Similarly terraced house is around £271,672 and a flat is worth £316,900. Values have been changing and have risen £3,478 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,737 in last 6 months, £35,438 in last 1 year, £59,864 in last 2 years, £68,338 in last 3 years, £68,391 in last 4 years and £74,164 in last 5 years.
Currently average asking price of a property in St. Michaels Close, London, E16 is around £450,938 based on approximately 1 properties for sale. Same is the case with rental options based on 501 properties up for rent, average asking rent is around £1,716 per month.
Estimated property value in St. Michaels Close, London, E16 is £300,336. Average asking price is £450,938 while average price paid is £275,000 which is up by £35,438 and Avg. asking rent £1,716.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 St. Michaels Close, London, E16 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in St. Michaels Close, London, E16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £262,500. 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 £227,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £224,000 per sale.