Violet Hill, London, NW8

Street Guide For Violet Hill, London, NW8

 

Violet Hill, London, NW8 Map

Estimated Price: £1,531,569
Average Asking Price: £2,799,688
Price change in last one year: £170,287
Average Price Paid: £1,060,000
Average Rent Rates: £5,737

 

Property Prices Breakdown in Violet Hill, London, NW8

Average Price for property in Violet Hill, London, NW8 is around £1,531,569 e.g. average price for terraced house is around 1,531,569. Values have been changing and have risen £30,255 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £74,013 in last 6 months, £170,287 in last 1 year, £284,106 in last 2 years, £387,017 in last 3 years, £368,257 in last 4 years and £428,247 in last 5 years.

Currently average asking price of a property in Violet Hill, London, NW8 is around £2,799,688 based on approximately 0 properties for sale. Same is the case with rental options based on 2,404 properties up for rent, average asking rent is around £5,737 per month.

Estimated property value in Violet Hill, London, NW8 is £1,531,569. Average asking price is £2,799,688 while average price paid is £1,060,000 which is up by £387,017 and Avg. asking rent £5,737.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 Violet Hill, London, NW8 area. In last 3 years alone average price buyer paid is around £1,060,000 based on approximately 2 sales in Violet Hill, London, NW8 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £1,060,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £1,015,000 for 3 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 £3,000,000, £1,394,500 for a 2 bedroom house, £2,549,994 for a 3 bedroom house, £3,857,655 for a 4 bedroom house and £6,943,438 for a 5 bedroom house. For a flat similarly the prices varies from £623,083 for a single bedroom to £1,441,347 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,340,380, £4,190,842 for a 4 bedroom flat and £4,716,666 for a 5 bedroom flat. To sum up the asking prices for properties in Violet Hill, London, NW8 it comes to around average £645,506 for 1 bedroom property, £1,438,382 for 2 bedroom, £2,352,097 for 3 bedroom, £4,042,759 for 4 bedroom and £6,141,800 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 £2,024 for 1 bedroom to £3,493 for 2 bedrooms, £6,435 for 3 bedrooms, £10,672 for 4 bedrooms and £11,551 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,934. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,077, £6,096 for 3 bedroom, £8,343 for 4 bedroom and around £7,281 for 5 bedroom flat. You should be generally be expecting around average £1,940 rent per month for single bedroom property, £3,101 for 2 bedroom, £6,120 for 3 bedroom, £9,091 for 4 bedroom and approximately £8,109 for a 5 bedroom property in Violet Hill, London, NW8 area.

Popular Houses in Violet Hill, London, NW8

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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