Wimbledon Common

Area Guide For Wimbledon Common

Wimbledon Common is a large open space in Wimbledon South West of London, with a total of 1,140 acres of land. This large common that includes ponds, a natural trail and a windmill. The Wimbledon common is home to many birds and insects. Wimbledon Common has football, rugby and cricket facilities, which must be booked in advance.

 
 

Wimbledon Common Map

Estimated Price: £842,410
Average Asking Price: £1,028,602
Price change in last one year: £84,607
Average Price Paid: £654,553
Average Rent Rates: £2,959

 
 

Property Prices Breakdown in Wimbledon Common

Average Price for property in Wimbledon Common is around £842,410 which varies based on type of property you are interested in and ranges from £3,018,278 for detached house to around £1,791,722 for semi-detached. Similarly terraced house is around £998,338 and a flat is worth £494,524. Values have been changing and have risen £1,330 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,740 in last 6 months, £84,607 in last 1 year, £157,579 in last 2 years, £211,432 in last 3 years, £234,155 in last 4 years and £236,214 in last 5 years.

Currently average asking price of a property in Wimbledon Common is around £1,028,602 based on approximately 253 properties for sale. Same is the case with rental options based on 179 properties up for rent, average asking rent is around £2,959 per month.

Estimated property value in Wimbledon Common is £842,410. Average asking price is £1,028,602 while average price paid is £713,388 which is up by £84,607 and Avg. asking rent £2,959.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 Wimbledon Common area. In last 1 year alone average price buyer paid is around £713,388 based on approximately 253 sales in Wimbledon Common area alone. If you compare it to last 3 years sales of 810 properties where buyers paid around £672,559. 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 £654,553 for 1,293 and average amount paid for purchase of approx. 1,688 properties sold in last 7 years comes to about £614,248 per sale.

 
 

Properties For Sale in Wimbledon Common

 
 

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 £970,000, £1,028,321 for a 3 bedroom house, £1,664,604 for a 4 bedroom house and £2,730,625 for a 5 bedroom house. For a flat similarly the prices varies from £339,082 for a single bedroom to £599,515 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £659,293 and £400,000 for a 4 bedroom flat. To sum up the asking prices for properties in Wimbledon Common it comes to around average £339,082 for 1 bedroom property, £655,893 for 2 bedroom, £785,817 for 3 bedroom, £1,574,275 for 4 bedroom and £2,730,625 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 £1,274 for 1 bedroom to £2,136 for 2 bedrooms, £3,354 for 3 bedrooms, £5,600 for 4 bedrooms and £12,230 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,606. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,192, £2,219 for 3 bedroom and £2,176 for 4 bedroom. You should be generally be expecting around average £1,589 rent per month for single bedroom property, £2,185 for 2 bedroom, £2,622 for 3 bedroom, £4,880 for 4 bedroom and approximately £12,230 for a 5 bedroom property in Wimbledon Common area.

Popular Houses in Wimbledon Common

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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