The Drive, London, E4

Street Guide For The Drive, London, E4

 
 

The Drive, London, E4 Map

Estimated Price: £696,144
Average Asking Price: £376,410
Price change in last one year: £77,780
Average Price Paid: £411,332
Average Rent Rates: £1,758

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

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Property Prices Breakdown in The Drive, London, E4

Average Price for property in The Drive, London, E4 is around £696,144 which varies based on type of property you are interested in and ranges from £1,081,889 for detached house to around £766,913 for semi-detached. Similarly flat is around £302,626. Values have been changing and have risen £7,835 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,529 in last 6 months, £77,780 in last 1 year, £139,780 in last 2 years, £157,162 in last 3 years, £162,304 in last 4 years and £171,974 in last 5 years.

Currently average asking price of a property in The Drive, London, E4 is around £376,410 based on approximately 1 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £1,758 per month.

Estimated property value in The Drive, London, E4 is £696,144. Average asking price is £376,410 while average price paid is £941,000 which is up by £77,780 and Avg. asking rent £1,758.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 Drive, London, E4 area. In last 1 year alone average price buyer paid is around £941,000 based on approximately 1 sales in The Drive, London, E4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £472,000. 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 £411,332 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £444,949 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 £262,189, £340,257 for a 2 bedroom house, £394,570 for a 3 bedroom house, £570,522 for a 4 bedroom house and £516,000 for a 5 bedroom house. For a flat similarly the prices varies from £188,618 for a single bedroom to £245,842 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £315,000 and £450,000 for a 4 bedroom flat. To sum up the asking prices for properties in The Drive, London, E4 it comes to around average £206,135 for 1 bedroom property, £270,084 for 2 bedroom, £393,287 for 3 bedroom, £564,496 for 4 bedroom and £516,000 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 £594 for 1 bedroom to £1,025 for 2 bedroom, £1,526 for 3 bedroom and £1,485 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £867. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,192 and £1,300 for 3 bedroom. You should be generally be expecting around average £846 rent per month for single bedroom property, £1,179 for 2 bedroom, £1,513 for 3 bedroom and approximately £1,485 for 4 bedroom property in The Drive, London, E4 area.

Popular Houses in The Drive, London, E4

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 Drive, London, E4