Parson's Green

Area Guide For Parson's Green

Parson’s Green is an area in the London Borough of Hammersmith and Fulham. The mainly residential area is named after the Village Green. The most expensive houses are around the Hurlingham Club. The ladder of roads known as the “alphabet streets”, near Bishop’s Park between Stevenage Road and Fulham Palace Road, has four-bedroom semi-detached Victorian houses.

 
 

Parson's Green Map

Estimated Price: £1,518,301
Average Asking Price: £1,568,770
Price change in last one year: £147,792
Average Price Paid: £1,106,427
Average Rent Rates: £3,685

 
 

Property Prices Breakdown in Parson's Green

Average Price for property in Parson's Green is around £1,518,301 which varies based on type of property you are interested in and ranges from £2,537,793 for detached house to around £2,869,784 for semi-detached. Similarly terraced house is around £2,180,331 and a flat is worth £804,174. Values have been changing and have risen £4,418 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,973 in last 6 months, £147,792 in last 1 year, £285,509 in last 2 years, £390,007 in last 3 years, £443,239 in last 4 years and £437,909 in last 5 years.

Currently average asking price of a property in Parson's Green is around £1,568,770 based on approximately 315 properties for sale. Same is the case with rental options based on 280 properties up for rent, average asking rent is around £3,685 per month.

Estimated property value in Parson's Green is £1,518,301. Average asking price is £1,568,770 while average price paid is £1,335,080 which is up by £147,792 and Avg. asking rent £3,685.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 Parson's Green area. In last 1 year alone average price buyer paid is around £1,335,080 based on approximately 315 sales in Parson's Green area alone. If you compare it to last 3 years sales of 1,080 properties where buyers paid around £1,222,842. 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 £1,106,427 for 1,921 and average amount paid for purchase of approx. 2,468 properties sold in last 7 years comes to about £1,041,389 per sale.

 
 

Properties For Sale in Parson's Green

 
 

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 £983,333, £780,000 for a 2 bedroom house, £1,456,293 for a 3 bedroom house, £1,803,922 for a 4 bedroom house and £2,562,217 for a 5 bedroom house. For a flat similarly the prices varies from £493,723 for a single bedroom to £881,264 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,231,271 and £1,690,619 for a 4 bedroom flat. To sum up the asking prices for properties in Parson's Green it comes to around average £552,476 for 1 bedroom property, £878,100 for 2 bedroom, £1,285,712 for 3 bedroom, £1,781,814 for 4 bedroom and £2,562,217 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 £1,722 for 1 bedroom to £2,281 for 2 bedrooms, £3,429 for 3 bedrooms, £4,991 for 4 bedrooms and £6,829 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,585. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,099, £3,944 for 3 bedroom and £28,167 for 4 bedroom. You should be generally be expecting around average £1,590 rent per month for single bedroom property, £2,114 for 2 bedroom, £3,759 for 3 bedroom, £6,021 for 4 bedroom and approximately £6,829 for a 5 bedroom property in Parson's Green area.

Popular Houses in Parson's Green

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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