Stonebridge

Area Guide For Stonebridge

Stonebridge is an area of northwest London, England in the London Borough of Brent. It is also the name of the largest electoral ward in the borough, which includes Stonebridge itself as well as Park Royal, Brent Park and the St Raphael's Estate. Some improvements in the street scene happened in the early 1990s, as a result of the 'Harlesden City Challenge' award of government money to the area. Most improvements, however, came after 2000, when comprehensive redevelopment of the 1960s and 1970s housing started. This is mainly complete by 2010, although some empty high-rise buildings are still being demolished. A traditional street layout has been introduced, largely of two- and three-storey houses, often with four-story flats around street junctions.

 
 

Stonebridge Map

Estimated Price: £411,888
Average Asking Price: £409,559
Price change in last one year: £44,632
Average Price Paid: £328,637
Average Rent Rates: £1,592

 
 

Property Prices Breakdown in Stonebridge

Average Price for property in Stonebridge is around £411,888 which varies based on type of property you are interested in and ranges from £674,730 for detached house to around £579,469 for semi-detached. Similarly terraced house is around £526,024 and a flat is worth £317,728. Values have been changing and have risen £9,649 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £25,417 in last 6 months, £44,632 in last 1 year, £81,144 in last 2 years, £105,344 in last 3 years, £105,612 in last 4 years and £120,697 in last 5 years.

Currently average asking price of a property in Stonebridge is around £409,559 based on approximately 86 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £1,592 per month.

Estimated property value in Stonebridge is £411,888. Average asking price is £409,559 while average price paid is £344,542 which is up by £44,632 and Avg. asking rent £1,592.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 Stonebridge area. In last 1 year alone average price buyer paid is around £344,542 based on approximately 86 sales in Stonebridge area alone. If you compare it to last 3 years sales of 215 properties where buyers paid around £320,418. 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 £328,637 for 381 and average amount paid for purchase of approx. 527 properties sold in last 7 years comes to about £302,795 per sale.

 
 

Properties For Sale in Stonebridge

 
 

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 £420,000, £441,642 for a 2 bedroom house, £565,686 for a 3 bedroom house, £650,000 for a 4 bedroom house and £1,029,158 for a 5 bedroom house. For a flat similarly the prices varies from £305,911 for a single bedroom to £363,565 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £425,461. To sum up the asking prices for properties in Stonebridge it comes to around average £308,193 for 1 bedroom property, £371,245 for 2 bedroom, £490,899 for 3 bedroom, £650,000 for 4 bedroom and £1,029,158 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 £520 for 1 bedroom to £1,845 for 3 bedroom and £2,087 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,053. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,425. You should be generally be expecting around average £1,029 rent per month for single bedroom property, £1,425 for 2 bedroom, £1,845 for 3 bedroom and approximately £2,086 for 4 bedroom property in Stonebridge area.

Popular Houses in Stonebridge

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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