The Drive, London, N3

Street Guide For The Drive, London, N3

 
 

The Drive, London, N3 Map

Estimated Price: £529,914
Average Asking Price: £982,009
Price change in last one year: £58,046
Average Price Paid: £354,666
Average Rent Rates: £2,007

Stark Joseph Estate Agents
338 Regents Park Road, Finchley, N3 2LN

Free House valuation

 

Property Prices Breakdown in The Drive, London, N3

Average Price for property in The Drive, London, N3 is around £529,914 which varies based on type of property you are interested in and ranges from £719,693 for semi-detached to around £529,914 for a flat. Values have been changing and have risen £6,690 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,972 in last 6 months, £58,046 in last 1 year, £107,592 in last 2 years, £126,263 in last 3 years, £132,584 in last 4 years and £144,976 in last 5 years.

Currently average asking price of a property in The Drive, London, N3 is around £982,009 based on approximately 0 properties for sale. Same is the case with rental options based on 249 properties up for rent, average asking rent is around £2,007 per month.

Estimated property value in The Drive, London, N3 is £529,914. Average asking price is £982,009 while average price paid is £354,666 which is up by £144,976 and Avg. asking rent £2,007.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, N3 area. In last 5 years alone average price buyer paid is around £354,666 based on approximately 3 sales in The Drive, London, N3 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £354,666.

 
 
 
 

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 2 bedroom is around £499,950, £622,836 for a 3 bedroom house, £1,266,289 for a 4 bedroom house and £1,339,204 for a 5 bedroom house. For a flat similarly the prices varies from £315,075 for a single bedroom to £426,077 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £998,038. To sum up the asking prices for properties in The Drive, London, N3 it comes to around average £315,075 for 1 bedroom property, £427,214 for 2 bedroom, £900,763 for 3 bedroom, £1,266,289 for 4 bedroom and £1,339,204 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 £575 for 1 bedroom to £2,032 for 3 bedroom, £3,254 for 4 bedroom and £3,655 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,038. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,537, £1,979 for 3 bedroom and £2,334 for 4 bedroom. You should be generally be expecting around average £996 rent per month for single bedroom property, £1,537 for 2 bedroom, £1,998 for 3 bedroom, £3,198 for 4 bedroom and approximately £3,655 for a 5 bedroom property in The Drive, London, N3 area.

Popular Houses in The Drive, London, N3

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, N3