Clerkenwell

A Culturally Rich, Historic and Trendy Village

Area Guide For Clerkenwell

Located in Central London, this village has a rustic feel to it. Add to it the excellent schooling and leisure facilities and this village is a dream come true for working people and families seeking calm surroundings and reasonable prices.

 
 

Tags

Market
Restaurants
Pubs
Parks
Schools
Shops

Overview

  • The Neighbors

    The suburb has mostly contemporary buildings, along with some period architecture.

  • Ideal for

    Families, Retirees, Young people, Artists, Media Persons and Designers.

  • Deal Sealer

    Excellent Primary Schools and Local Attractions.

  • Not for

    People looking for highly urbanised towns.

  • You will Like

    Restaurants and pubs to choose from.

Clerkenwell Map

Estimated Price: £758,296
Average Asking Price: £1,030,267
Price change in last one year: £88,269
Average Price Paid: £567,605
Average Rent Rates: £2,730

 
 

Property Prices Breakdown in Clerkenwell

Average Price for property in Clerkenwell is around £758,296 which varies based on type of property you are interested in and ranges from £1,386,769 for detached house to around £1,324,306 for semi-detached. Similarly terraced house is around £1,252,806 and a flat is worth £740,131. Values have been changing and have risen £856 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,225 in last 6 months, £88,269 in last 1 year, £138,752 in last 2 years, £209,155 in last 3 years, £179,042 in last 4 years and £205,529 in last 5 years.

Currently average asking price of a property in Clerkenwell is around £1,030,267 based on approximately 384 properties for sale. Same is the case with rental options based on 862 properties up for rent, average asking rent is around £2,730 per month.

Estimated property value in Clerkenwell is £758,296. Average asking price is £1,030,267 while average price paid is £716,459 which is up by £88,269 and Avg. asking rent £2,730.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 Clerkenwell area. In last 1 year alone average price buyer paid is around £716,459 based on approximately 384 sales in Clerkenwell area alone. If you compare it to last 3 years sales of 1,525 properties where buyers paid around £616,939. 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 £567,605 for 2,461 and average amount paid for purchase of approx. 3,201 properties sold in last 7 years comes to about £537,162 per sale.

 
 

Properties For Sale in Clerkenwell

 
 

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 £625,833, £1,008,000 for a 2 bedroom house, £1,538,990 for a 3 bedroom house, £6,500,000 for a 4 bedroom house and £3,016,667 for a 5 bedroom house. For a flat similarly the prices varies from £722,902 for a single bedroom to £1,185,954 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,612,671 and £10,166,667 for a 4 bedroom flat. To sum up the asking prices for properties in Clerkenwell it comes to around average £719,630 for 1 bedroom property, £1,176,967 for 2 bedroom, £1,603,225 for 3 bedroom, £9,250,000 for 4 bedroom and £3,016,667 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 £1,658 for 1 bedroom to £5,753 for 2 bedroom and £3,878 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,273. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,030, £4,056 for 3 bedroom, £3,553 for 4 bedroom and around £3,683 for 5 bedroom flat. You should be generally be expecting around average £2,261 rent per month for single bedroom property, £3,096 for 2 bedroom, £4,053 for 3 bedroom, £3,554 for 4 bedroom and approximately £3,683 for a 5 bedroom property in Clerkenwell area.

Popular Houses in Clerkenwell

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 Clerkenwell

Sum it all up

 The Good

- Excellent Commutation
- Ethnically Diverse Area
- Good Restaurants
- Good Pubs
- Variety in Housing
- Reasonable Prices

 Best For

- Families
- Singles
- Commuters
- Students
- Retirees

 The Bad

 - Small Houses

Transportation in Clerkenwell

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