Watford Way, London, NW7

Street Guide For Watford Way, London, NW7

 
 

Watford Way, London, NW7 Map

Estimated Price: £454,053
Average Asking Price: £1,304,535
Price change in last one year: £54,696
Average Price Paid: £296,716
Average Rent Rates: £3,042

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

Free House valuation

 

Property Prices Breakdown in Watford Way, London, NW7

Average Price for property in Watford Way, London, NW7 is around £454,053 which varies based on type of property you are interested in and ranges from £1,200,730 for detached house to around £504,817 for semi-detached. Similarly terraced house is around £472,004 and a flat is worth £274,120. Values have been changing and have risen £10,528 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £27,727 in last 6 months, £54,696 in last 1 year, £88,103 in last 2 years, £111,812 in last 3 years, £110,099 in last 4 years and £124,702 in last 5 years.

Currently average asking price of a property in Watford Way, London, NW7 is around £1,304,535 based on approximately 8 properties for sale. Same is the case with rental options based on 146 properties up for rent, average asking rent is around £3,042 per month.

Estimated property value in Watford Way, London, NW7 is £454,053. Average asking price is £1,304,535 while average price paid is £393,062 which is up by £54,696 and Avg. asking rent £3,042.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 Watford Way, London, NW7 area. In last 1 year alone average price buyer paid is around £393,062 based on approximately 8 sales in Watford Way, London, NW7 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £360,181. 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 £296,716 for 37 and average amount paid for purchase of approx. 49 properties sold in last 7 years comes to about £295,151 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 £979,066, £810,561 for a 3 bedroom house, £1,111,968 for a 4 bedroom house and £1,822,142 for a 5 bedroom house. For a flat similarly the prices varies from £302,756 for a single bedroom to £613,702 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £861,573. To sum up the asking prices for properties in Watford Way, London, NW7 it comes to around average £302,756 for 1 bedroom property, £693,129 for 2 bedroom, £830,250 for 3 bedroom, £1,111,968 for 4 bedroom and £1,822,142 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 £1,382 for 2 bedroom to £1,917 for 3 bedroom, £3,149 for 4 bedroom and £3,840 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,051. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,476, £1,885 for 3 bedroom and £3,033 for 5 bedroom. You should be generally be expecting around average £1,051 rent per month for single bedroom property, £1,470 for 2 bedroom, £1,907 for 3 bedroom, £3,149 for 4 bedroom and approximately £3,807 for a 5 bedroom property in Watford Way, London, NW7 area.

Popular Houses in Watford Way, London, NW7

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 Watford Way, London, NW7