Blackfriars

Area Guide For Blackfriars

Blackfriars an area in Central London, which lies in the Southwest corner of the City of London. Buildings here were subsequently leased to a group of entrepreneurs who created the Blackfriars Theatre on the site, not far from Shakespeare's Globe Theatre, this sat almost directly across on the other side of the river. The older parts of Blackfriars have regularly been used as a filming location in film and television, particularly for modern films and serials set in Victorian times, notably Sherlock Holmes and David Copperfield.

 
 

Blackfriars Map

Estimated Price: £886,361
Average Asking Price: £967,318
Price change in last one year: £112,240
Average Price Paid: £664,635
Average Rent Rates: £2,955

 
 

Property Prices Breakdown in Blackfriars

Average Price for property in Blackfriars is around £886,361 e.g. average price for a flat is around 886,217. Values have been changing and have risen £2,142 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,072 in last 6 months, £112,240 in last 1 year, £171,758 in last 2 years, £247,478 in last 3 years, £217,099 in last 4 years and £244,442 in last 5 years.

Currently average asking price of a property in Blackfriars is around £967,318 based on approximately 23 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £2,955 per month.

Estimated property value in Blackfriars is £886,361. Average asking price is £967,318 while average price paid is £868,202 which is up by £112,240 and Avg. asking rent £2,955.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 Blackfriars area. In last 1 year alone average price buyer paid is around £868,202 based on approximately 23 sales in Blackfriars area alone. If you compare it to last 3 years sales of 61 properties where buyers paid around £724,715. 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 £664,635 for 107 and average amount paid for purchase of approx. 176 properties sold in last 7 years comes to about £582,042 per sale.

 
 

Properties For Sale in Blackfriars

 
 

For a flat similarly the prices varies from £636,238 for a single bedroom to £875,562 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £4,350,000. To sum up the asking prices for properties in Blackfriars it comes to around average £636,238 for 1 bedroom property, £875,562 for 2 bedroom and £4,350,000 for 3 bedroom.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,930. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,725 and £9,100 for 3 bedroom. You should be generally be expecting around average £1,930 rent per month for single bedroom property, £2,724 for 2 bedroom and approximately £9,100 for 3 bedroom property in Blackfriars area.

Popular Houses in Blackfriars

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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