Verbena Close, London, E16

Street Guide For Verbena Close, London, E16

 
 

Verbena Close, London, E16 Map

Estimated Price: £262,417
Average Asking Price: £450,938
Price change in last one year: £30,966
Average Price Paid: £185,333
Average Rent Rates: £1,716

CANARY PROPERTIES
Unit F-28A Waterfront Studios, 1 Dock Road

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Property Prices Breakdown in Verbena Close, London, E16

Average Price for property in Verbena Close, London, E16 is around £262,417 which varies based on type of property you are interested in and ranges from £303,324 for terraced house to around £233,197 for a flat. Values have been changing and have risen £3,040 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,762 in last 6 months, £30,966 in last 1 year, £52,309 in last 2 years, £59,715 in last 3 years, £59,763 in last 4 years and £64,807 in last 5 years.

Currently average asking price of a property in Verbena Close, London, E16 is around £450,938 based on approximately 2 properties for sale. Same is the case with rental options based on 501 properties up for rent, average asking rent is around £1,716 per month.

Estimated property value in Verbena Close, London, E16 is £262,417. Average asking price is £450,938 while average price paid is £190,500 which is up by £30,966 and Avg. asking rent £1,716.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 Verbena Close, London, E16 area. In last 1 year alone average price buyer paid is around £190,500 based on approximately 2 sales in Verbena Close, London, E16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £190,500. 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 £185,333 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £190,250 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 £325,500, £378,181 for a 2 bedroom house, £404,968 for a 3 bedroom house, £650,803 for a 4 bedroom house and £465,000 for a 5 bedroom house. For a flat similarly the prices varies from £360,888 for a single bedroom to £443,919 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £827,271. To sum up the asking prices for properties in Verbena Close, London, E16 it comes to around average £359,886 for 1 bedroom property, £440,442 for 2 bedroom, £686,503 for 3 bedroom, £650,803 for 4 bedroom and £465,000 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 £887 for 1 bedroom to £1,388 for 2 bedrooms, £1,696 for 3 bedrooms, £1,818 for 4 bedrooms and £2,003 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,228. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,622 and £2,866 for 3 bedroom. You should be generally be expecting around average £1,216 rent per month for single bedroom property, £1,613 for 2 bedroom, £2,527 for 3 bedroom, £1,818 for 4 bedroom and approximately £2,003 for a 5 bedroom property in Verbena Close, London, E16 area.

Popular Houses in Verbena Close, London, E16

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 Verbena Close, London, E16

Areas in and around Verbena Close, London, E16