West Smithfield, London, EC1A

Street Guide For West Smithfield, London, EC1A

 

West Smithfield, London, EC1A Map

Estimated Price: £599,131
Average Asking Price: £985,520
Price change in last one year: £68,233
Average Price Paid: £352,189
Average Rent Rates: £2,633

 

Property Prices Breakdown in West Smithfield, London, EC1A

Average Price for property in West Smithfield, London, EC1A is around £599,131 e.g. average price for a flat is around 600,456. Values have been changing and have risen £662 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,494 in last 6 months, £68,233 in last 1 year, £107,257 in last 2 years, £161,679 in last 3 years, £138,404 in last 4 years and £158,878 in last 5 years.

Currently average asking price of a property in West Smithfield, London, EC1A is around £985,520 based on approximately 0 properties for sale. Same is the case with rental options based on 696 properties up for rent, average asking rent is around £2,633 per month.

Estimated property value in West Smithfield, London, EC1A is £599,131. Average asking price is £985,520 while average price paid is £337,500 which is up by £161,679 and Avg. asking rent £2,633.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 West Smithfield, London, EC1A area. In last 3 years alone average price buyer paid is around £337,500 based on approximately 2 sales in West Smithfield, London, EC1A area alone. If you compare it to last 5 years sales of 8 properties where buyers paid around £352,189. 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 £332,434 for 15 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 £651,429, £1,410,000 for a 2 bedroom house, £1,586,238 for a 3 bedroom house, £3,291,667 for a 4 bedroom house and £3,087,500 for a 5 bedroom house. For a flat similarly the prices varies from £699,714 for a single bedroom to £1,040,885 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,352,298 and £2,125,000 for a 4 bedroom flat. To sum up the asking prices for properties in West Smithfield, London, EC1A it comes to around average £697,299 for 1 bedroom property, £1,055,082 for 2 bedroom, £1,391,288 for 3 bedroom, £3,000,000 for 4 bedroom and £3,087,500 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 £2,613 for 1 bedroom to £3,909 for 2 bedroom and £6,478 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,221. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,903, £4,245 for 3 bedroom and £3,662 for 4 bedroom. You should be generally be expecting around average £2,228 rent per month for single bedroom property, £2,938 for 2 bedroom, £4,245 for 3 bedroom, £3,662 for 4 bedroom and approximately £6,478 for a 5 bedroom property in West Smithfield, London, EC1A area.

Popular Houses in West Smithfield, London, EC1A

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 West Smithfield, London, EC1A

Areas in and around West Smithfield, London, EC1A