Brixton

A lively working class suburb with an industrial feel

Area Guide For Brixton

Part of the London Borough of Lambeth, Brixton has not had a very good image historically. However, with the recent influx of young professionals and affluent individuals, the neighbourhood is gaining traction. Today it presents a diverse populace with an active life all the while remaining affordable for first timers.

 
 

Tags

Suburb – Industrial – Council Housing – Parks – Art – Good Transport

Overview

  • The Neighbors

    Lots of flats and converted terraces along with council estates.

  • Ideal for

    Young professionals and artists.

  • Deal Sealer

    Excellent shopping facilities.

  • Not for

    People looking for calmer and relatively safer neighbourhoods.

  • You will Like

    Parks and transport.

Brixton Map

Estimated Price: £598,347
Average Asking Price: £621,263
Price change in last one year: £64,653
Average Price Paid: £429,090
Average Rent Rates: £2,100

 
 

Property Prices Breakdown in Brixton

Average Price for property in Brixton is around £598,347 which varies based on type of property you are interested in and ranges from £1,485,863 for detached house to around £1,064,013 for semi-detached. Similarly terraced house is around £833,209 and a flat is worth £440,653. Values have been changing and have risen £2,083 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,608 in last 6 months, £64,653 in last 1 year, £121,696 in last 2 years, £159,964 in last 3 years, £178,366 in last 4 years and £177,725 in last 5 years.

Currently average asking price of a property in Brixton is around £621,263 based on approximately 2,007 properties for sale. Same is the case with rental options based on 766 properties up for rent, average asking rent is around £2,100 per month.

Estimated property value in Brixton is £598,347. Average asking price is £621,263 while average price paid is £517,525 which is up by £64,653 and Avg. asking rent £2,100.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 area. In last 1 year alone average price buyer paid is around £517,525 based on approximately 2,007 sales in Brixton area alone. If you compare it to last 3 years sales of 6,703 properties where buyers paid around £460,854. 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 £429,090 for 10,665 and average amount paid for purchase of approx. 13,474 properties sold in last 7 years comes to about £411,054 per sale.

 
 

Properties For Sale in Brixton

 
 

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 £765,825, £762,475 for a 2 bedroom house, £820,278 for a 3 bedroom house, £1,059,494 for a 4 bedroom house and £1,396,948 for a 5 bedroom house. For a flat similarly the prices varies from £367,135 for a single bedroom to £485,195 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £525,388, £623,907 for a 4 bedroom flat and £1,799,975 for a 5 bedroom flat. To sum up the asking prices for properties in Brixton it comes to around average £380,351 for 1 bedroom property, £492,105 for 2 bedroom, £599,886 for 3 bedroom, £984,207 for 4 bedroom and £1,414,860 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 £1,091 for 1 bedroom to £1,908 for 2 bedrooms, £2,308 for 3 bedrooms, £3,310 for 4 bedrooms and £4,681 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,361. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,699, £2,400 for 3 bedroom, £2,667 for 4 bedroom and around £5,633 for 5 bedroom flat. You should be generally be expecting around average £1,349 rent per month for single bedroom property, £1,710 for 2 bedroom, £2,379 for 3 bedroom, £3,024 for 4 bedroom and approximately £4,740 for a 5 bedroom property in Brixton area.

Popular Houses in Brixton

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 Brixton

Sum it all up

 The Good

-Affordable housing
 -Lively community
-Brixton Market and Village
-Good transport links
-Art scene
-Nearby schools

 Best For

-Young professionals
- First time buyers
-Working class

 The Bad

-High crime rate
-Not very leafy
-Can be too noisy at times 

Transportation in Brixton

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