Bloomsbury

A Blend of Residential and Business Properties

Area Guide For Bloomsbury

Bloomsbury has an eclectic blend of residential, business, retail, education and healthcare properties. The area is known for its charming streets loaded with small independent shops amidst some bigger and better known names. The best part about Bloomsbury is that all the amenities are quickly accessible and you don’t have to commute long distances.

 
 

Tags

Schools
Pubs
Houses
Park life
Shops
Transportation

Overview

  • The Neighbors

    The area is characterized by its large Georgian houses and mansion flats. You can also find converted single and double bedroom flats, most of them above shops and some tenement blocks.

  • Ideal for

    Upper Middle and Upper Class Families, Businessmen, Professionals

  • Deal Sealer

    Quick access to all amenities

  • Not for

    Working Class

  • You will Like

    Market, Schools, Park life, Transport, Places

Bloomsbury Map

Estimated Price: £692,011
Average Asking Price: £1,113,126
Price change in last one year: £1,940
Average Price Paid: £573,120
Average Rent Rates: £2,678

 
 

Property Prices Breakdown in Bloomsbury

Average Price for property in Bloomsbury is around £692,011 which varies based on type of property you are interested in and ranges from £1,549,082 for detached house to around £1,872,670 for semi-detached. Similarly terraced house is around £1,744,693 and a flat is worth £605,865. Values have been changing and have risen £2,478 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,754 in last 6 months, £1,940 in last 1 year, £116,049 in last 2 years, £113,864 in last 3 years, £138,834 in last 4 years and £154,231 in last 5 years.

Currently average asking price of a property in Bloomsbury is around £1,113,126 based on approximately 178 properties for sale. Same is the case with rental options based on 383 properties up for rent, average asking rent is around £2,678 per month.

Estimated property value in Bloomsbury is £692,011. Average asking price is £1,113,126 while average price paid is £678,418 which is up by £1,940 and Avg. asking rent £2,678.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 Bloomsbury area. In last 1 year alone average price buyer paid is around £678,418 based on approximately 178 sales in Bloomsbury area alone. If you compare it to last 3 years sales of 614 properties where buyers paid around £633,682. 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 £573,120 for 1,054 and average amount paid for purchase of approx. 1,473 properties sold in last 7 years comes to about £541,252 per sale.

 
 

Properties For Sale in Bloomsbury

 
 

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, £1,646,667 for a 2 bedroom house, £2,145,000 for a 3 bedroom house, £4,625,000 for a 4 bedroom house and £2,240,000 for a 5 bedroom house. For a flat similarly the prices varies from £633,970 for a single bedroom to £1,108,666 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,707,273, £1,956,666 for a 4 bedroom flat and £1,700,000 for a 5 bedroom flat. To sum up the asking prices for properties in Bloomsbury it comes to around average £630,992 for 1 bedroom property, £1,142,291 for 2 bedroom, £1,774,615 for 3 bedroom, £3,024,000 for 4 bedroom and £2,105,000 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 £2,197 for 1 bedroom to £2,817 for 2 bedroom and £4,830 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,053. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,957, £4,069 for 3 bedroom and £4,556 for 4 bedroom. You should be generally be expecting around average £2,067 rent per month for single bedroom property, £2,954 for 2 bedroom, £4,208 for 3 bedroom and approximately £4,556 for 4 bedroom property in Bloomsbury area.

Popular Houses in Bloomsbury

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.

Sold Properties in Bloomsbury

Sum it all up

 The Good

- Good Schools
- Places
- Park Life
- Great Architecture
- Access to Amenities
- Facilities

 

 Best For

- Upper and Middle Class Families
- Professionals
- Businessmen

 The Bad

- High Prices

Transportation in Bloomsbury

Browse by Streets in Bloomsbury

Browse by Outcodes in Bloomsbury