Bow Street

Area Guide For Bow Street

Bow is a locale in East London, England, in the London Borough of Tower Hamlets. It is developed and basically private, and 4.6 miles (7.4 km) east of Charing Cross. The name of the territory was in days of yore Stratford, London, and "Bow" is a shortened form of the medieval name Stratford-atte-Bow, in which "Bow" alludes to an extension implicit the early twelfth century. Bow is contiguous the London 2012 Olympic Park, not as much as a mile away. A segment of the region is a piece of the recreation center. Bow experienced far reaching urban re-era including the substitution or change of gathering homes, such redevelopment and revival agreeing with the arranging of the 2012 Olympic Games at close-by Stratford.

 
 

Bow Street Map

Estimated Price: £221,442
Average Asking Price: £200,645
Price change in last one year: £11,621
Average Price Paid: £196,887
Average Rent Rates: --

 
 

Property Prices Breakdown in Bow Street

Average Price for property in Bow Street is around £221,442 which varies based on type of property you are interested in and ranges from £252,871 for detached house to around £169,255 for semi-detached. Similarly terraced house is around £151,641 and a flat is worth £106,800. Values have been changing and have risen £699 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,427 in last 6 months, £11,621 in last 1 year, £19,038 in last 2 years, £20,498 in last 3 years, £22,092 in last 4 years and £18,524 in last 5 years.

Currently average asking price of a property in Bow Street is around £200,645 based on approximately 26 properties for sale.

Estimated property value in Bow Street is £221,442. Average asking price is £200,645 while average price paid is £200,540 which is up by £11,621.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 Bow Street area. In last 1 year alone average price buyer paid is around £200,540 based on approximately 26 sales in Bow Street area alone. If you compare it to last 3 years sales of 55 properties where buyers paid around £203,016. 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 £196,887 for 81 and average amount paid for purchase of approx. 117 properties sold in last 7 years comes to about £200,275 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 £182,500, £196,764 for a 3 bedroom house, £259,975 for a 4 bedroom house and £285,000 for a 5 bedroom house. To sum up the asking prices for properties in Bow Street it comes to around average £182,500 for 2 bedroom property, £196,764 for 3 bedroom, £259,975 for 4 bedroom and £285,000 for 5 bedroom.

Popular Houses in Bow Street

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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