Vernon Drive, Stanmore, HA7

Street Guide For Vernon Drive, Stanmore, HA7

 
 

Vernon Drive, Stanmore, HA7 Map

Estimated Price: £572,021
Average Asking Price: £966,164
Price change in last one year: £52,764
Average Price Paid: £414,688
Average Rent Rates: £1,925

 

Property Prices Breakdown in Vernon Drive, Stanmore, HA7

Average Price for property in Vernon Drive, Stanmore, HA7 is around £572,021 which varies based on type of property you are interested in and ranges from £802,176 for detached house to around £564,716 for semi-detached. Similarly terraced house is around £612,618 and a flat is worth £651,895. Values have been changing and have risen £3,097 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,142 in last 6 months, £52,764 in last 1 year, £102,076 in last 2 years, £111,347 in last 3 years, £111,854 in last 4 years and £122,474 in last 5 years.

Currently average asking price of a property in Vernon Drive, Stanmore, HA7 is around £966,164 based on approximately 3 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £1,925 per month.

Estimated property value in Vernon Drive, Stanmore, HA7 is £572,021. Average asking price is £966,164 while average price paid is £476,650 which is up by £52,764 and Avg. asking rent £1,925.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 Vernon Drive, Stanmore, HA7 area. In last 1 year alone average price buyer paid is around £476,650 based on approximately 3 sales in Vernon Drive, Stanmore, HA7 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £411,243. 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 £414,688 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £400,396 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 £476,658, £693,736 for a 3 bedroom house, £905,224 for a 4 bedroom house and £1,630,496 for a 5 bedroom house. For a flat similarly the prices varies from £249,369 for a single bedroom to £510,840 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £762,819, £1,750,000 for a 4 bedroom flat and £2,350,000 for a 5 bedroom flat. To sum up the asking prices for properties in Vernon Drive, Stanmore, HA7 it comes to around average £249,369 for 1 bedroom property, £506,738 for 2 bedroom, £714,107 for 3 bedroom, £926,344 for 4 bedroom and £1,664,758 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 £607 for 1 bedroom to £1,476 for 2 bedrooms, £1,682 for 3 bedrooms, £2,462 for 4 bedrooms and £3,324 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,008. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,749, £1,665 for 3 bedroom, £1,699 for 4 bedroom and around £4,000 for 5 bedroom flat. You should be generally be expecting around average £890 rent per month for single bedroom property, £1,725 for 2 bedroom, £1,673 for 3 bedroom, £2,418 for 4 bedroom and approximately £3,355 for a 5 bedroom property in Vernon Drive, Stanmore, HA7 area.

Popular Houses in Vernon Drive, Stanmore, HA7

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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