Terrace Lane, Richmond, TW10

Street Guide For Terrace Lane, Richmond, TW10

 

Terrace Lane, Richmond, TW10 Map

Estimated Price: £990,439
Average Asking Price: £1,496,252
Price change in last one year: £100,882
Average Price Paid: £370,000
Average Rent Rates: £3,335

 

Property Prices Breakdown in Terrace Lane, Richmond, TW10

Average Price for property in Terrace Lane, Richmond, TW10 is around £990,439 which varies based on type of property you are interested in and ranges from £1,454,065 for detached house to around £518,344 for terraced house. Similarly flat is around £531,048. Values have been changing and have risen £5,720 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,996 in last 6 months, £100,882 in last 1 year, £155,719 in last 2 years, £196,775 in last 3 years, £181,115 in last 4 years and £196,989 in last 5 years.

Currently average asking price of a property in Terrace Lane, Richmond, TW10 is around £1,496,252 based on approximately 0 properties for sale. Same is the case with rental options based on 215 properties up for rent, average asking rent is around £3,335 per month.

Estimated property value in Terrace Lane, Richmond, TW10 is £990,439. Average asking price is £1,496,252 while average price paid is £370,000 which is up by £196,775 and Avg. asking rent £3,335.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 Terrace Lane, Richmond, TW10 area. In last 3 years alone average price buyer paid is around £370,000 based on approximately 1 sales in Terrace Lane, Richmond, TW10 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £370,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £370,000 for 1 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 £319,950, £790,907 for a 2 bedroom house, £1,081,037 for a 3 bedroom house, £1,774,521 for a 4 bedroom house and £3,753,364 for a 5 bedroom house. For a flat similarly the prices varies from £419,154 for a single bedroom to £601,816 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £761,100, £1,641,667 for a 4 bedroom flat and £1,750,000 for a 5 bedroom flat. To sum up the asking prices for properties in Terrace Lane, Richmond, TW10 it comes to around average £411,523 for 1 bedroom property, £667,848 for 2 bedroom, £991,055 for 3 bedroom, £1,757,914 for 4 bedroom and £3,666,261 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 £173 for 1 bedroom to £2,291 for 2 bedrooms, £4,026 for 3 bedrooms, £4,586 for 4 bedrooms and £8,394 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,781. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,528, £3,435 for 3 bedroom and £4,850 for 4 bedroom. You should be generally be expecting around average £1,738 rent per month for single bedroom property, £2,470 for 2 bedroom, £3,698 for 3 bedroom, £4,618 for 4 bedroom and approximately £8,394 for a 5 bedroom property in Terrace Lane, Richmond, TW10 area.

Popular Houses in Terrace Lane, Richmond, TW10

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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