The Burroughs, London, NW4

Street Guide For The Burroughs, London, NW4

 
 

The Burroughs, London, NW4 Map

Estimated Price: £549,262
Average Asking Price: £601,601
Price change in last one year: £51,473
Average Price Paid: £452,600
Average Rent Rates: £2,304

Karan Fossils
229 High Street, Acton, London, W3 9BY

Free House valuation

 

Property Prices Breakdown in The Burroughs, London, NW4

Values have been changing and have risen £11,859 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £31,809 in last 6 months, £51,473 in last 1 year, £96,682 in last 2 years, £126,412 in last 3 years, £127,078 in last 4 years and £140,868 in last 5 years.

Currently average asking price of a property in The Burroughs, London, NW4 is around £601,601 based on approximately 3 properties for sale. Same is the case with rental options based on 459 properties up for rent, average asking rent is around £2,304 per month.

Estimated property value in The Burroughs, London, NW4 is £549,262. Average asking price is £601,601 while average price paid is £489,333 which is up by £51,473 and Avg. asking rent £2,304.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 The Burroughs, London, NW4 area. In last 1 year alone average price buyer paid is around £489,333 based on approximately 3 sales in The Burroughs, London, NW4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £452,600. 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 £452,600 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £414,642 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 £208,167, £447,475 for a 2 bedroom house, £576,511 for a 3 bedroom house, £855,091 for a 4 bedroom house and £940,694 for a 5 bedroom house. For a flat similarly the prices varies from £268,454 for a single bedroom to £409,655 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £685,394, £545,000 for a 4 bedroom flat and £450,000 for a 5 bedroom flat. To sum up the asking prices for properties in The Burroughs, London, NW4 it comes to around average £257,150 for 1 bedroom property, £411,082 for 2 bedroom, £630,186 for 3 bedroom, £841,309 for 4 bedroom and £921,066 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 £791 for 1 bedroom to £1,701 for 2 bedrooms, £2,225 for 3 bedrooms, £3,097 for 4 bedrooms and £3,825 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,098. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,494, £2,370 for 3 bedroom, £2,733 for 4 bedroom and around £2,817 for 5 bedroom flat. You should be generally be expecting around average £1,037 rent per month for single bedroom property, £1,497 for 2 bedroom, £2,313 for 3 bedroom, £3,060 for 4 bedroom and approximately £3,810 for a 5 bedroom property in The Burroughs, London, NW4 area.

Popular Houses in The Burroughs, London, NW4

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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Areas in and around The Burroughs, London, NW4