EH1

Real Estate Area Guide For EH1

 

EH1 Map

Estimated Price: £286,676
Average Asking Price: £446,872
Price change in last one year: £25,294
Average Price Paid: £253,636
Average Rent Rates: £1,339

 

Property Prices Breakdown in EH1

Average Price for property in EH1 is around £286,676 which varies based on type of property you are interested in and ranges from £301,074 for detached house to around £746,892 for semi-detached. Similarly terraced house is around £721,372 and a flat is worth £254,736. Values have been changing and have risen £2,842 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,509 in last 6 months, £25,294 in last 1 year, £33,790 in last 2 years, £35,154 in last 3 years, £35,590 in last 4 years and £31,482 in last 5 years.

Currently average asking price of a property in EH1 is around £446,872 based on approximately 112 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £1,339 per month.

Estimated property value in EH1 is £286,676. Average asking price is £446,872 while average price paid is £276,056 which is up by £25,294 and Avg. asking rent £1,339.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 EH1 area. In last 1 year alone average price buyer paid is around £276,056 based on approximately 112 sales in EH1 area alone. If you compare it to last 3 years sales of 304 properties where buyers paid around £257,323. 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 £253,636 for 480 and average amount paid for purchase of approx. 683 properties sold in last 7 years comes to about £251,293 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 5 bedroom is around £828,333. For a flat similarly the prices varies from £170,000 for a single bedroom to £292,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £395,000 and £440,000 for a 4 bedroom flat. To sum up the asking prices for properties in EH1 it comes to around average £170,000 for 1 bedroom property, £292,000 for 2 bedroom, £395,000 for 3 bedroom, £440,000 for 4 bedroom and £828,333 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 £494 for 1 bedroom to £1,214 for 3 bedroom and £2,500 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,084. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,155, £1,869 for 3 bedroom, £1,798 for 4 bedroom and around £2,149 for 5 bedroom flat. You should be generally be expecting around average £1,018 rent per month for single bedroom property, £1,155 for 2 bedroom, £1,542 for 3 bedroom, £2,149 for 4 bedroom and approximately £2,150 for a 5 bedroom property in EH1 area.

Popular Houses in EH1

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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