The Grove, London, W5

Street Guide For The Grove, London, W5

 

The Grove, London, W5 Map

Estimated Price: £931,117
Average Asking Price: £877,719
Price change in last one year: £86,760
Average Price Paid: £596,286
Average Rent Rates: £2,215

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West Africa House, London, W5 3QP

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Property Prices Breakdown in The Grove, London, W5

Average Price for property in The Grove, London, W5 is around £931,117 which varies based on type of property you are interested in and ranges from £2,369,048 for detached house to around £1,715,610 for semi-detached. Similarly terraced house is around £1,374,567 and a flat is worth £514,282. Values have been changing and have risen £5,968 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,614 in last 6 months, £86,760 in last 1 year, £184,009 in last 2 years, £229,416 in last 3 years, £235,722 in last 4 years and £246,857 in last 5 years.

Currently average asking price of a property in The Grove, London, W5 is around £877,719 based on approximately 4 properties for sale. Same is the case with rental options based on 1,014 properties up for rent, average asking rent is around £2,215 per month.

Estimated property value in The Grove, London, W5 is £931,117. Average asking price is £877,719 while average price paid is £870,637 which is up by £86,760 and Avg. asking rent £2,215.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 Grove, London, W5 area. In last 1 year alone average price buyer paid is around £870,637 based on approximately 4 sales in The Grove, London, W5 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £660,557. 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 £596,286 for 28 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £614,041 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 £502,488, £551,936 for a 2 bedroom house, £749,855 for a 3 bedroom house, £1,043,557 for a 4 bedroom house and £1,382,941 for a 5 bedroom house. For a flat similarly the prices varies from £444,177 for a single bedroom to £561,377 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £686,561 and £1,039,983 for a 4 bedroom flat. To sum up the asking prices for properties in The Grove, London, W5 it comes to around average £447,607 for 1 bedroom property, £560,833 for 2 bedroom, £710,704 for 3 bedroom, £1,042,926 for 4 bedroom and £1,382,941 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 £965 for 1 bedroom to £1,749 for 2 bedrooms, £2,633 for 3 bedrooms, £2,910 for 4 bedrooms and £4,431 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,392. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,924, £2,599 for 3 bedroom, £2,382 for 4 bedroom and around £3,042 for 5 bedroom flat. You should be generally be expecting around average £1,354 rent per month for single bedroom property, £1,917 for 2 bedroom, £2,610 for 3 bedroom, £2,845 for 4 bedroom and approximately £4,302 for a 5 bedroom property in The Grove, London, W5 area.

Popular Houses in The Grove, London, W5

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.

Transportation in The Grove, London, W5

Areas in and around The Grove, London, W5