Hammersmith

A riverside neighbourhood with great transportation links

Area Guide For Hammersmith

The River Thames makes up for lack of greenery in Hammersmith, which is an excellent neighbourhood for riverside walks, outings, eating and drinking. While its location makes it a favourable site for offices, it also means the neighbourhood is well connected with the rest of London.

 
 

Tags

Good Transportation – Entertainment – Family Friendly – Riverside

Overview

  • The Neighbors

    A variety of options whether you want terraced or detached houses or a flat.

  • Ideal for

    Wealthy families and professionals.

  • Deal Sealer

    Good entertainment options.

  • Not for

    People looking for a quiet and affordable neighbourhood.

  • You will Like

    Great transportation links.

Hammersmith Map

Estimated Price: £974,492
Average Asking Price: £1,078,338
Price change in last one year: £107,956
Average Price Paid: £688,248
Average Rent Rates: £2,383

 
 

Property Prices Breakdown in Hammersmith

Average Price for property in Hammersmith is around £974,492 which varies based on type of property you are interested in and ranges from £2,573,019 for detached house to around £1,940,415 for semi-detached. Similarly terraced house is around £1,322,619 and a flat is worth £556,675. Values have been changing and have risen £11,048 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £31,254 in last 6 months, £107,956 in last 1 year, £211,183 in last 2 years, £258,402 in last 3 years, £271,619 in last 4 years and £280,531 in last 5 years.

Currently average asking price of a property in Hammersmith is around £1,078,338 based on approximately 727 properties for sale. Same is the case with rental options based on 641 properties up for rent, average asking rent is around £2,383 per month.

Estimated property value in Hammersmith is £974,492. Average asking price is £1,078,338 while average price paid is £874,193 which is up by £107,956 and Avg. asking rent £2,383.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 Hammersmith area. In last 1 year alone average price buyer paid is around £874,193 based on approximately 727 sales in Hammersmith area alone. If you compare it to last 3 years sales of 2,388 properties where buyers paid around £752,181. 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 £688,248 for 4,098 and average amount paid for purchase of approx. 5,208 properties sold in last 7 years comes to about £656,262 per sale.

 
 

Properties For Sale in Hammersmith

 
 

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 £419,990, £1,041,658 for a 2 bedroom house, £1,240,868 for a 3 bedroom house, £1,507,284 for a 4 bedroom house and £2,253,332 for a 5 bedroom house. For a flat similarly the prices varies from £460,904 for a single bedroom to £862,731 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,690,852, £1,337,484 for a 4 bedroom flat and £787,500 for a 5 bedroom flat. To sum up the asking prices for properties in Hammersmith it comes to around average £459,094 for 1 bedroom property, £873,521 for 2 bedroom, £1,509,930 for 3 bedroom, £1,473,324 for 4 bedroom and £2,161,717 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 £1,555 for 1 bedroom to £2,630 for 2 bedrooms, £3,694 for 3 bedrooms, £4,399 for 4 bedrooms and £6,922 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,454. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,163, £2,740 for 3 bedroom and £4,439 for 4 bedroom. You should be generally be expecting around average £1,460 rent per month for single bedroom property, £2,228 for 2 bedroom, £2,978 for 3 bedroom, £4,407 for 4 bedroom and approximately £6,922 for a 5 bedroom property in Hammersmith area.

Popular Houses in Hammersmith

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 Hammersmith

Sum it all up

 The Good

-Great entertainment options
 -Good nightlife
-Shopping options
-Great transportation links

 Best For

-Wealthy Families
-Professionals
-Rowing and Boating enthusiasts

 The Bad

-Expensive housing
-Can be dull without parks
-Can get crowded and noisy 

Transportation in Hammersmith

Browse by Streets in Hammersmith