Hanwell

Area Guide For Hanwell

Hanwell is a town in Ealing, West of London. The A3 expressway was once a favourite site for highwaymen, however today Hanwell is safe, peaceful and has plenty of greenery. In the 18th century numerous coaching inns established themselves along Uxbridge Road to cater to travellers, some of which still exist today as pubs, such as The Viaduct and the Duke of York. The River Brent runs through Hanwell, and the riverside lock has pubs and quaint lock keeper’s cottages as well as providing opportunities to spy the local wildlife. Most locals do their shopping in Ealing, alternatively there are a few stores along Uxbridge Road.

 
 

Hanwell Map

Estimated Price: £512,863
Average Asking Price: £497,791
Price change in last one year: £55,017
Average Price Paid: £358,842
Average Rent Rates: £1,551

 
 

Property Prices Breakdown in Hanwell

Average Price for property in Hanwell is around £512,863 which varies based on type of property you are interested in and ranges from £830,990 for detached house to around £649,954 for semi-detached. Similarly terraced house is around £541,717 and a flat is worth £344,347. Values have been changing and have risen £4,146 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,297 in last 6 months, £55,017 in last 1 year, £105,860 in last 2 years, £132,681 in last 3 years, £138,866 in last 4 years and £143,017 in last 5 years.

Currently average asking price of a property in Hanwell is around £497,791 based on approximately 260 properties for sale. Same is the case with rental options based on 142 properties up for rent, average asking rent is around £1,551 per month.

Estimated property value in Hanwell is £512,863. Average asking price is £497,791 while average price paid is £437,230 which is up by £55,017 and Avg. asking rent £1,551.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 Hanwell area. In last 1 year alone average price buyer paid is around £437,230 based on approximately 260 sales in Hanwell area alone. If you compare it to last 3 years sales of 871 properties where buyers paid around £383,536. 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 £358,842 for 1,470 and average amount paid for purchase of approx. 1,917 properties sold in last 7 years comes to about £343,182 per sale.

 
 

Properties For Sale in Hanwell

 
 

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 2 bedroom is around £457,495, £644,379 for a 3 bedroom house, £805,427 for a 4 bedroom house and £873,738 for a 5 bedroom house. For a flat similarly the prices varies from £299,479 for a single bedroom to £322,524 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £411,633 and £320,000 for a 4 bedroom flat. To sum up the asking prices for properties in Hanwell it comes to around average £299,479 for 1 bedroom property, £359,003 for 2 bedroom, £624,983 for 3 bedroom, £764,975 for 4 bedroom and £873,738 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 £949 for 1 bedroom to £1,457 for 2 bedrooms, £1,946 for 3 bedrooms, £2,604 for 4 bedrooms and £2,401 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,281. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,287, £1,711 for 3 bedroom and £2,297 for 4 bedroom. You should be generally be expecting around average £1,262 rent per month for single bedroom property, £1,337 for 2 bedroom, £1,910 for 3 bedroom, £2,582 for 4 bedroom and approximately £2,401 for a 5 bedroom property in Hanwell area.

Popular Houses in Hanwell

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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