Ladbroke Grove

Area Guide For Ladbroke Grove

Neighboured by Notting Hill and Kensal Green, Ladbroke Grove is a London neighbourhood with a lot of social, ethic and age group diversity. You can walk down Portobello Road to see a multitude of shops, ranging from fashion outlets to Muslim meat shops along with cafes and restaurants offering exotic food menus. There is a big market for fresh produce and groceries alongside several pubs. Children also have venues they can visit like the Diana Memorial Playground. All in all, Ladbroke Grove is an ideal neighbourhood for people who want change, adventure and a lively, unique community.

 
 

Ladbroke Grove Map

Estimated Price: £1,214,128
Average Asking Price: £1,324,818
Price change in last one year: £120,388
Average Price Paid: £950,867
Average Rent Rates: £2,986

 
 

Property Prices Breakdown in Ladbroke Grove

Average Price for property in Ladbroke Grove is around £1,214,128 which varies based on type of property you are interested in and ranges from £4,864,203 for detached house to around £4,247,920 for semi-detached. Similarly terraced house is around £2,073,250 and a flat is worth £795,328. Values have been changing and have risen £9,452 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £23,371 in last 6 months, £120,388 in last 1 year, £257,315 in last 2 years, £314,492 in last 3 years, £336,365 in last 4 years and £345,347 in last 5 years.

Currently average asking price of a property in Ladbroke Grove is around £1,324,818 based on approximately 379 properties for sale. Same is the case with rental options based on 543 properties up for rent, average asking rent is around £2,986 per month.

Estimated property value in Ladbroke Grove is £1,214,128. Average asking price is £1,324,818 while average price paid is £1,241,999 which is up by £120,388 and Avg. asking rent £2,986.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 Ladbroke Grove area. In last 1 year alone average price buyer paid is around £1,241,999 based on approximately 379 sales in Ladbroke Grove area alone. If you compare it to last 3 years sales of 1,303 properties where buyers paid around £1,008,454. 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 £950,867 for 2,135 and average amount paid for purchase of approx. 2,705 properties sold in last 7 years comes to about £898,116 per sale.

 
 

Properties For Sale in Ladbroke Grove

 
 

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 £1,326,662, £1,495,378 for a 3 bedroom house, £3,160,000 for a 4 bedroom house and £5,890,000 for a 5 bedroom house. For a flat similarly the prices varies from £582,645 for a single bedroom to £1,015,639 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,171,193, £1,496,890 for a 4 bedroom flat and £5,400,000 for a 5 bedroom flat. To sum up the asking prices for properties in Ladbroke Grove it comes to around average £582,645 for 1 bedroom property, £1,042,109 for 2 bedroom, £1,330,936 for 3 bedroom, £2,328,445 for 4 bedroom and £5,694,000 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 £2,547 for 1 bedroom to £4,144 for 2 bedrooms, £6,442 for 3 bedrooms, £6,600 for 4 bedrooms and £19,259 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,172. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,821, £3,751 for 3 bedroom and £3,005 for 4 bedroom. You should be generally be expecting around average £2,214 rent per month for single bedroom property, £2,949 for 2 bedroom, £4,266 for 3 bedroom, £5,002 for 4 bedroom and approximately £19,259 for a 5 bedroom property in Ladbroke Grove area.

Popular Houses in Ladbroke Grove

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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