St. Michaels Close, London, E16

Street Guide For St. Michaels Close, London, E16

 
 

St. Michaels Close, London, E16 Map

Estimated Price: £300,336
Average Asking Price: £450,938
Price change in last one year: £35,438
Average Price Paid: £227,500
Average Rent Rates: £1,716

CANARY PROPERTIES
Unit F-28A Waterfront Studios, 1 Dock Road

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Property Prices Breakdown in St. Michaels Close, London, E16

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.

 
 
 
 

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 £325,500, £378,181 for a 2 bedroom house, £404,968 for a 3 bedroom house, £650,803 for a 4 bedroom house and £465,000 for a 5 bedroom house. For a flat similarly the prices varies from £360,888 for a single bedroom to £443,919 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £827,271. To sum up the asking prices for properties in St. Michaels Close, London, E16 it comes to around average £359,886 for 1 bedroom property, £440,442 for 2 bedroom, £686,503 for 3 bedroom, £650,803 for 4 bedroom and £465,000 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 £887 for 1 bedroom to £1,388 for 2 bedrooms, £1,696 for 3 bedrooms, £1,818 for 4 bedrooms and £2,003 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,228. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,622 and £2,866 for 3 bedroom. You should be generally be expecting around average £1,216 rent per month for single bedroom property, £1,613 for 2 bedroom, £2,527 for 3 bedroom, £1,818 for 4 bedroom and approximately £2,003 for a 5 bedroom property in St. Michaels Close, London, E16 area.

Popular Houses in St. Michaels Close, London, E16

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 St. Michaels Close, London, E16

Areas in and around St. Michaels Close, London, E16