The Ridgeway, London, E4

Street Guide For The Ridgeway, London, E4

 
 

The Ridgeway, London, E4 Map

Estimated Price: £363,182
Average Asking Price: £376,410
Price change in last one year: £41,380
Average Price Paid: £237,375
Average Rent Rates: £1,758

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

Free House valuation

 

Property Prices Breakdown in The Ridgeway, London, E4

Average Price for property in The Ridgeway, London, E4 is around £363,182 which varies based on type of property you are interested in and ranges from £893,093 for detached house to around £799,199 for semi-detached. Similarly terraced house is around £544,461 and a flat is worth £248,136. Values have been changing and have risen £4,168 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,261 in last 6 months, £41,380 in last 1 year, £74,366 in last 2 years, £83,615 in last 3 years, £86,353 in last 4 years and £91,500 in last 5 years.

Currently average asking price of a property in The Ridgeway, London, E4 is around £376,410 based on approximately 16 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 Ridgeway, London, E4 is £363,182. Average asking price is £376,410 while average price paid is £274,206 which is up by £41,380 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 Ridgeway, London, E4 area. In last 1 year alone average price buyer paid is around £274,206 based on approximately 16 sales in The Ridgeway, London, E4 area alone. If you compare it to last 3 years sales of 36 properties where buyers paid around £224,855. 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 £237,375 for 64 and average amount paid for purchase of approx. 85 properties sold in last 7 years comes to about £225,935 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 Ridgeway, 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 Ridgeway, London, E4 area.

Popular Houses in The Ridgeway, 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.

Transportation in The Ridgeway, London, E4

Areas in and around The Ridgeway, London, E4