Belsize Park

A fashionable neighbourhood for those who can afford it

Area Guide For Belsize Park

One of London’s hotspots, Belsize Park can be quite an expensive neighbourhood and is mainly favoured by successful professionals, fashionistas and celebrities. Belsize Park has good transportation links and a host of amenities for its affluent inhabitants.

 
 

Tags

Wealthy – Celebrities – Amenities

Overview

  • The Neighbors

    Calm and relaxed with beautiful buildings on tree-lined streets.

  • Ideal for

    Wealthy families and professionals.

  • Deal Sealer

    Good transportation.

  • Not for

    People looking for affordable housing.

  • You will Like

    The relaxing atmosphere and amenities

Belsize Park Map

Estimated Price: £1,250,392
Average Asking Price: £1,929,183
Price change in last one year: £131,864
Average Price Paid: £992,759
Average Rent Rates: £5,236

 
 

Property Prices Breakdown in Belsize Park

Average Price for property in Belsize Park is around £1,250,392 which varies based on type of property you are interested in and ranges from £4,728,658 for detached house to around £3,124,871 for semi-detached. Similarly terraced house is around £2,005,059 and a flat is worth £910,291. Values have been changing and have risen £27,350 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £72,473 in last 6 months, £131,864 in last 1 year, £231,743 in last 2 years, £320,407 in last 3 years, £313,633 in last 4 years and £356,165 in last 5 years.

Currently average asking price of a property in Belsize Park is around £1,929,183 based on approximately 470 properties for sale. Same is the case with rental options based on 1,157 properties up for rent, average asking rent is around £5,236 per month.

Estimated property value in Belsize Park is £1,250,392. Average asking price is £1,929,183 while average price paid is £1,130,257 which is up by £131,864 and Avg. asking rent £5,236.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 Belsize Park area. In last 1 year alone average price buyer paid is around £1,130,257 based on approximately 470 sales in Belsize Park area alone. If you compare it to last 3 years sales of 1,509 properties where buyers paid around £1,058,833. 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 £992,759 for 2,672 and average amount paid for purchase of approx. 3,552 properties sold in last 7 years comes to about £931,110 per sale.

 
 

Properties For Sale in Belsize Park

 
 

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 £499,950, £1,437,500 for a 2 bedroom house, £2,489,091 for a 3 bedroom house, £2,436,917 for a 4 bedroom house and £3,482,333 for a 5 bedroom house. For a flat similarly the prices varies from £575,145 for a single bedroom to £982,812 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,390,826, £3,112,560 for a 4 bedroom flat and £3,131,238 for a 5 bedroom flat. To sum up the asking prices for properties in Belsize Park it comes to around average £573,848 for 1 bedroom property, £998,096 for 2 bedroom, £1,514,101 for 3 bedroom, £2,768,115 for 4 bedroom and £3,360,213 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 £2,911 for 1 bedroom to £3,353 for 2 bedrooms, £4,589 for 3 bedrooms, £14,800 for 4 bedrooms and £9,444 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,017. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,066, £4,269 for 3 bedroom, £5,565 for 4 bedroom and around £8,228 for 5 bedroom flat. You should be generally be expecting around average £2,061 rent per month for single bedroom property, £3,094 for 2 bedroom, £4,313 for 3 bedroom, £8,856 for 4 bedroom and approximately £9,223 for a 5 bedroom property in Belsize Park area.

Popular Houses in Belsize Park

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.

Sum it all up

 The Good

-Beautiful buildings
 -Tree-lined streets
-Several shops
-Good transportation
-Good schools
-Nearby green spaces
-High profile residents

 Best For

-Wealthy Families
- Successful professionals
-Celebrities


 

 The Bad

-Expensive housing
-Can be a little slow for those who like bustling neighbourhoods

Transportation in Belsize Park

Browse by Streets in Belsize Park

Browse by Outcodes in Belsize Park