Little Venice

Area Guide For Little Venice

Little Venice directly north of Paddington is the tranquil pocket of natural beauty; the area is a popular tourist attraction mainly due to the picturesque canals with Narrow boat cruises travelling between Little Venice and Camden Lock. Treat yourself to gloriously juicy Chinese at Pearl Liang, seafood delights at Summerhouse or a spot of light entertainment at the Canal Café.

 
 

Little Venice Map

Estimated Price: £1,033,682
Average Asking Price: £1,293,215
Price change in last one year: £99,664
Average Price Paid: £782,978
Average Rent Rates: £3,761

 
 

Property Prices Breakdown in Little Venice

Average Price for property in Little Venice is around £1,033,682 which varies based on type of property you are interested in and ranges from £3,876,514 for detached house to around £4,350,282 for semi-detached. Similarly terraced house is around £2,081,451 and a flat is worth £898,339. Values have been changing and have risen £8,046 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,823 in last 6 months, £99,664 in last 1 year, £213,071 in last 2 years, £262,544 in last 3 years, £284,189 in last 4 years and £299,402 in last 5 years.

Currently average asking price of a property in Little Venice is around £1,293,215 based on approximately 269 properties for sale. Same is the case with rental options based on 643 properties up for rent, average asking rent is around £3,761 per month.

Estimated property value in Little Venice is £1,033,682. Average asking price is £1,293,215 while average price paid is £916,824 which is up by £99,664 and Avg. asking rent £3,761.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 Little Venice area. In last 1 year alone average price buyer paid is around £916,824 based on approximately 269 sales in Little Venice area alone. If you compare it to last 3 years sales of 990 properties where buyers paid around £871,714. 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 £782,978 for 1,716 and average amount paid for purchase of approx. 2,310 properties sold in last 7 years comes to about £727,892 per sale.

 
 

Properties For Sale in Little Venice

 
 

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 £451,667, £925,000 for a 2 bedroom house, £1,857,143 for a 3 bedroom house, £4,356,250 for a 4 bedroom house and £8,993,750 for a 5 bedroom house. For a flat similarly the prices varies from £576,883 for a single bedroom to £857,896 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,251,579, £2,071,421 for a 4 bedroom flat and £3,300,000 for a 5 bedroom flat. To sum up the asking prices for properties in Little Venice it comes to around average £572,128 for 1 bedroom property, £858,751 for 2 bedroom, £1,297,654 for 3 bedroom, £3,289,997 for 4 bedroom and £7,095,833 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 £2,665 for 1 bedroom to £2,616 for 2 bedrooms, £5,671 for 3 bedrooms, £14,083 for 4 bedrooms and £14,517 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,005. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,840, £3,914 for 3 bedroom, £6,962 for 4 bedroom and around £5,850 for 5 bedroom flat. You should be generally be expecting around average £2,010 rent per month for single bedroom property, £3,801 for 2 bedroom, £4,115 for 3 bedroom, £8,190 for 4 bedroom and approximately £12,350 for a 5 bedroom property in Little Venice area.

Popular Houses in Little Venice

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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