Brixton Hill

Area Guide For Brixton Hill

Brixton Hill is the name given to a short section of road between Brixton and Streatham Hill in south London. It slopes downhill towards central London. Brixton Hill and Streatham Hill form part of the usual main London to Brighton road (A23). The road follows the line of a Roman Road, the London to Brighton Way, which moves away from Stane Street near Kennington, and led south from the capital Londinium to another port on the south coast.

 
 

Brixton Hill Map

Estimated Price: £504,460
Average Asking Price: £592,242
Price change in last one year: £53,818
Average Price Paid: £364,135
Average Rent Rates: £1,511

 
 

Property Prices Breakdown in Brixton Hill

Average Price for property in Brixton Hill is around £504,460 which varies based on type of property you are interested in and ranges from £1,104,465 for detached house to around £750,773 for semi-detached. Similarly terraced house is around £697,073 and a flat is worth £379,827. Values have been changing and have risen £1,735 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,172 in last 6 months, £53,818 in last 1 year, £101,299 in last 2 years, £133,155 in last 3 years, £148,473 in last 4 years and £147,941 in last 5 years.

Currently average asking price of a property in Brixton Hill is around £592,242 based on approximately 174 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £1,511 per month.

Estimated property value in Brixton Hill is £504,460. Average asking price is £592,242 while average price paid is £479,927 which is up by £53,818 and Avg. asking rent £1,511.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 Brixton Hill area. In last 1 year alone average price buyer paid is around £479,927 based on approximately 174 sales in Brixton Hill area alone. If you compare it to last 3 years sales of 604 properties where buyers paid around £398,750. 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 £364,135 for 1,009 and average amount paid for purchase of approx. 1,323 properties sold in last 7 years comes to about £347,360 per sale.

 
 

Properties For Sale in Brixton Hill

 
 

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 £345,000, £775,000 for a 3 bedroom house, £1,052,217 for a 4 bedroom house and £1,186,238 for a 5 bedroom house. For a flat similarly the prices varies from £361,400 for a single bedroom to £534,268 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £430,588 and £374,950 for a 4 bedroom flat. To sum up the asking prices for properties in Brixton Hill it comes to around average £359,350 for 1 bedroom property, £534,268 for 2 bedroom, £521,756 for 3 bedroom, £984,490 for 4 bedroom and £1,186,238 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 £650 for 1 bedroom to £1,528 for 2 bedroom, £2,903 for 3 bedroom and £3,142 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,244. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,528, £1,895 for 3 bedroom and £2,524 for 4 bedroom. You should be generally be expecting around average £1,211 rent per month for single bedroom property, £1,528 for 2 bedroom, £2,063 for 3 bedroom and approximately £2,730 for 4 bedroom property in Brixton Hill area.

Popular Houses in Brixton Hill

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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