Wells Drive, London, NW9

Street Guide For Wells Drive, London, NW9

 
 

Wells Drive, London, NW9 Map

Estimated Price: £297,649
Average Asking Price: £426,399
Price change in last one year: £28,541
Average Price Paid: £221,277
Average Rent Rates: £1,469

Smith Melzack
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Property Prices Breakdown in Wells Drive, London, NW9

Average Price for property in Wells Drive, London, NW9 is around £297,649 which varies based on type of property you are interested in and ranges from £232,300 for terraced house to around £297,649 for a flat. Values have been changing and have risen £5,179 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,405 in last 6 months, £28,541 in last 1 year, £53,904 in last 2 years, £67,213 in last 3 years, £73,638 in last 4 years and £76,693 in last 5 years.

Currently average asking price of a property in Wells Drive, London, NW9 is around £426,399 based on approximately 2 properties for sale. Same is the case with rental options based on 251 properties up for rent, average asking rent is around £1,469 per month.

Estimated property value in Wells Drive, London, NW9 is £297,649. Average asking price is £426,399 while average price paid is £260,500 which is up by £28,541 and Avg. asking rent £1,469.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 Wells Drive, London, NW9 area. In last 1 year alone average price buyer paid is around £260,500 based on approximately 2 sales in Wells Drive, London, NW9 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £257,000. 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 £221,277 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £221,000 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 £269,167, £578,856 for a 2 bedroom house, £492,284 for a 3 bedroom house, £710,124 for a 4 bedroom house and £712,704 for a 5 bedroom house. For a flat similarly the prices varies from £269,736 for a single bedroom to £349,659 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £540,619 and £279,950 for a 4 bedroom flat. To sum up the asking prices for properties in Wells Drive, London, NW9 it comes to around average £269,716 for 1 bedroom property, £361,793 for 2 bedroom, £511,292 for 3 bedroom, £698,804 for 4 bedroom and £712,704 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 £804 for 1 bedroom to £1,444 for 2 bedrooms, £1,692 for 3 bedrooms, £2,108 for 4 bedrooms and £2,100 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,133. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,518, £1,940 for 3 bedroom, £1,452 for 4 bedroom and around £5,720 for 5 bedroom flat. You should be generally be expecting around average £1,085 rent per month for single bedroom property, £1,516 for 2 bedroom, £1,810 for 3 bedroom, £2,026 for 4 bedroom and approximately £3,306 for a 5 bedroom property in Wells Drive, London, NW9 area.

Popular Houses in Wells Drive, London, NW9

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 Wells Drive, London, NW9

Areas in and around Wells Drive, London, NW9