Waltham Forest

Area Guide For Waltham Forest

The London Borough of Waltham Forest is in the North East of London. Waltham Forests welcomes the grand Vestry House Museum, displaying Waltham Forest history through a variety of permanent displays and special exhibitions. Here you will also find the William Morris Gallery, the only public gallery devoted to the life and legacy of William Morris, the world’s most influential designer. Housed in the Georgian villa that was his childhood home, it presents the world’s most comprehensive collection of his work through award-winning displays that delight visitors of all ages.

 
 

Waltham Forest Map

Estimated Price: £378,629
Average Asking Price: £384,125
Price change in last one year: £47,451
Average Price Paid: £256,035
Average Rent Rates: £1,390

 
 

Property Prices Breakdown in Waltham Forest

Average Price for property in Waltham Forest is around £378,629 which varies based on type of property you are interested in and ranges from £444,341 for detached house to around £445,740 for semi-detached. Similarly terraced house is around £414,585 and a flat is worth £293,593. Values have been changing and have risen £4,758 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,888 in last 6 months, £47,451 in last 1 year, £84,599 in last 2 years, £98,884 in last 3 years, £101,231 in last 4 years and £104,467 in last 5 years.

Currently average asking price of a property in Waltham Forest is around £384,125 based on approximately 481 properties for sale. Same is the case with rental options based on 149 properties up for rent, average asking rent is around £1,390 per month.

Estimated property value in Waltham Forest is £378,629. Average asking price is £384,125 while average price paid is £335,126 which is up by £47,451 and Avg. asking rent £1,390.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 Waltham Forest area. In last 1 year alone average price buyer paid is around £335,126 based on approximately 481 sales in Waltham Forest area alone. If you compare it to last 3 years sales of 1,479 properties where buyers paid around £280,395. 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 £256,035 for 2,400 and average amount paid for purchase of approx. 3,263 properties sold in last 7 years comes to about £244,889 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 £242,500, £355,781 for a 2 bedroom house, £426,395 for a 3 bedroom house, £474,482 for a 4 bedroom house and £520,619 for a 5 bedroom house. For a flat similarly the prices varies from £247,596 for a single bedroom to £278,944 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £338,749 and £350,000 for a 4 bedroom flat. To sum up the asking prices for properties in Waltham Forest it comes to around average £247,232 for 1 bedroom property, £298,773 for 2 bedroom, £420,960 for 3 bedroom, £466,938 for 4 bedroom and £520,619 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 £790 for 1 bedroom to £1,412 for 2 bedrooms, £1,682 for 3 bedrooms, £1,961 for 4 bedrooms and £2,351 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,134. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,221. You should be generally be expecting around average £1,052 rent per month for single bedroom property, £1,277 for 2 bedroom, £1,682 for 3 bedroom, £1,961 for 4 bedroom and approximately £2,351 for a 5 bedroom property in Waltham Forest area.

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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