Southall

Area Guide For Southall

Southall is a substantial rural region of west London, England, and some piece of the London Borough of Ealing. It is arranged 10.7 miles west of Charing Cross. Neighboring spots incorporate Yeading, Hayes, Hanwell, Heston, Hounslow, Greenford and Northolt. The territory is distinguished in the London Plan as one of 35 noteworthy focuses in Greater London. 

Southall is found on the Grand Union Canal which initially connected London with whatever is left of the developing trench framework. It was one of the last trenches to convey critical business activity (through the 1950s) is still open to movement and is utilized by delight make.

 
 

Southall Map

Estimated Price: £308,223
Average Asking Price: £374,866
Price change in last one year: £23,109
Average Price Paid: £236,314
Average Rent Rates: £1,363

 
 

Property Prices Breakdown in Southall

Average Price for property in Southall is around £308,223 which varies based on type of property you are interested in and ranges from £599,984 for detached house to around £379,581 for semi-detached. Similarly terraced house is around £298,190 and a flat is worth £209,785. Values have been changing and have risen £2,897 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,371 in last 6 months, £23,109 in last 1 year, £38,912 in last 2 years, £44,244 in last 3 years, £48,900 in last 4 years and £43,457 in last 5 years.

Currently average asking price of a property in Southall is around £374,866 based on approximately 279 properties for sale. Same is the case with rental options based on 136 properties up for rent, average asking rent is around £1,363 per month.

Estimated property value in Southall is £308,223. Average asking price is £374,866 while average price paid is £254,619 which is up by £23,109 and Avg. asking rent £1,363.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 Southall area. In last 1 year alone average price buyer paid is around £254,619 based on approximately 279 sales in Southall area alone. If you compare it to last 3 years sales of 892 properties where buyers paid around £239,239. 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 £236,314 for 1,464 and average amount paid for purchase of approx. 2,001 properties sold in last 7 years comes to about £234,023 per sale.

 
 
 
 

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 £300,000, £672,488 for a 2 bedroom house, £350,953 for a 3 bedroom house, £522,012 for a 4 bedroom house and £561,732 for a 5 bedroom house. For a flat similarly the prices varies from £172,403 for a single bedroom to £232,230 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £243,791. To sum up the asking prices for properties in Southall it comes to around average £178,782 for 1 bedroom property, £275,182 for 2 bedroom, £326,803 for 3 bedroom, £522,012 for 4 bedroom and £561,732 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 £544 for 1 bedroom to £1,241 for 2 bedrooms, £1,470 for 3 bedrooms, £1,790 for 4 bedrooms and £1,915 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £952. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,268 and £1,313 for 3 bedroom. You should be generally be expecting around average £775 rent per month for single bedroom property, £1,267 for 2 bedroom, £1,453 for 3 bedroom, £1,790 for 4 bedroom and approximately £1,915 for a 5 bedroom property in Southall area.

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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