E1W

Real Estate Area Guide For E1W

 

E1W Map

Estimated Price: £552,730
Average Asking Price: £827,813
Price change in last one year: £61,744
Average Price Paid: £426,098
Average Rent Rates: £2,201

 

E1W Rating

According to the ratings we obtained in our survey of the E1W area, 78% of the people rate it as a Very good neighbourhood overall and 80% consider it a safe locality with a strong sense of community. 70% of the votes are in favour of the entertainment & nightlife options while 80% of the people recommend the parks and recreational facilities. The restaurants & shopping scene received 70% votes while 80% of the residents gave good reviews for schools, public services and 90% also voted for transport & travel facilities in the neighbourhood.

Property Prices Breakdown in E1W

Average Price for property in E1W is around £552,730 which varies based on type of property you are interested in and ranges from £1,043,869 for detached house to around £747,432 for semi-detached. Similarly terraced house is around £715,626 and a flat is worth £529,022. Values have been changing and have risen £5,420 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,083 in last 6 months, £61,744 in last 1 year, £110,466 in last 2 years, £132,430 in last 3 years, £135,253 in last 4 years and £140,320 in last 5 years.

Currently average asking price of a property in E1W is around £827,813 based on approximately 1,244 properties for sale. Same is the case with rental options based on 1,254 properties up for rent, average asking rent is around £2,201 per month.

Estimated property value in E1W is £552,730. Average asking price is £827,813 while average price paid is £507,498 which is up by £61,744 and Avg. asking rent £2,201.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 E1W area. In last 1 year alone average price buyer paid is around £507,498 based on approximately 1,244 sales in E1W area alone. If you compare it to last 3 years sales of 3,042 properties where buyers paid around £452,679. 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 £426,098 for 4,570 and average amount paid for purchase of approx. 5,858 properties sold in last 7 years comes to about £410,739 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 £586,557, £702,348 for a 2 bedroom house, £1,464,911 for a 3 bedroom house, £1,468,490 for a 4 bedroom house and £1,611,999 for a 5 bedroom house. For a flat similarly the prices varies from £598,487 for a single bedroom to £868,765 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,017,182, £651,243 for a 4 bedroom flat and £705,000 for a 5 bedroom flat. To sum up the asking prices for properties in E1W it comes to around average £598,078 for 1 bedroom property, £857,912 for 2 bedroom, £1,057,602 for 3 bedroom, £1,105,269 for 4 bedroom and £1,208,888 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 £1,411 for 1 bedroom to £4,052 for 2 bedrooms, £3,093 for 3 bedrooms, £3,306 for 4 bedrooms and £3,377 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,634. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,240, £3,124 for 3 bedroom, £3,109 for 4 bedroom and around £3,012 for 5 bedroom flat. You should be generally be expecting around average £1,616 rent per month for single bedroom property, £2,320 for 2 bedroom, £3,118 for 3 bedroom, £3,172 for 4 bedroom and approximately £3,286 for a 5 bedroom property in E1W area.

Popular Houses in E1W

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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