The Ridgeway, London, NW11

Street Guide For The Ridgeway, London, NW11

 
 

The Ridgeway, London, NW11 Map

Estimated Price: £1,559,138
Average Asking Price: £1,238,763
Price change in last one year: £206,468
Average Price Paid: £1,052,333
Average Rent Rates: £2,697

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

Free House valuation

 

Property Prices Breakdown in The Ridgeway, London, NW11

Average Price for property in The Ridgeway, London, NW11 is around £1,559,138 which varies based on type of property you are interested in and ranges from £1,929,838 for detached house to around £1,684,345 for semi-detached. Similarly terraced house is around £329,054 and a flat is worth £553,437. Values have been changing and have risen £37,339 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £98,350 in last 6 months, £206,468 in last 1 year, £313,118 in last 2 years, £411,870 in last 3 years, £410,482 in last 4 years and £466,584 in last 5 years.

Currently average asking price of a property in The Ridgeway, London, NW11 is around £1,238,763 based on approximately 4 properties for sale. Same is the case with rental options based on 413 properties up for rent, average asking rent is around £2,697 per month.

Estimated property value in The Ridgeway, London, NW11 is £1,559,138. Average asking price is £1,238,763 while average price paid is £1,128,500 which is up by £206,468 and Avg. asking rent £2,697.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, NW11 area. In last 1 year alone average price buyer paid is around £1,128,500 based on approximately 4 sales in The Ridgeway, London, NW11 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £1,102,800. 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 £1,052,333 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £1,045,493 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 2 bedroom is around £658,883, £1,122,492 for a 3 bedroom house, £1,267,839 for a 4 bedroom house and £1,854,607 for a 5 bedroom house. For a flat similarly the prices varies from £370,687 for a single bedroom to £548,088 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £801,889 and £737,475 for a 4 bedroom flat. To sum up the asking prices for properties in The Ridgeway, London, NW11 it comes to around average £370,687 for 1 bedroom property, £561,038 for 2 bedroom, £936,335 for 3 bedroom, £1,232,482 for 4 bedroom and £1,854,607 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 £758 for 1 bedroom to £2,108 for 2 bedrooms, £2,808 for 3 bedrooms, £4,208 for 4 bedrooms and £5,228 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,180. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,900, £2,790 for 3 bedroom and £4,810 for 4 bedroom. You should be generally be expecting around average £1,141 rent per month for single bedroom property, £1,984 for 2 bedroom, £2,798 for 3 bedroom, £4,224 for 4 bedroom and approximately £5,228 for a 5 bedroom property in The Ridgeway, London, NW11 area.

Popular Houses in The Ridgeway, London, NW11

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 Ridgeway, London, NW11