Willesden

Area Guide For Willesden

Willesden is an area in North West London, which forms part of the London Borough of Brent, zone 2 on the Jubilee line. Willesden is full of share houses mixed in with permanent residents. In general, east of the tracks it is more upmarket than the residential area to the west. The average share house usually has around six or seven people living there, sometimes three stories and sometimes crammed into a two story. A single will cost about £260, a small double about £320, and a large double up to £370. Couples can expect to pay anything from £420 - £460 not including bills. You can also rent share rooms or flats and the choices are endless.

 
 

Willesden Map

Estimated Price: £623,627
Average Asking Price: £739,280
Price change in last one year: £68,580
Average Price Paid: £490,594
Average Rent Rates: £1,927

 
 

Property Prices Breakdown in Willesden

Average Price for property in Willesden is around £623,627 which varies based on type of property you are interested in and ranges from £1,568,444 for detached house to around £898,060 for semi-detached. Similarly terraced house is around £691,868 and a flat is worth £406,957. Values have been changing and have risen £14,826 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £39,054 in last 6 months, £68,580 in last 1 year, £124,686 in last 2 years, £161,872 in last 3 years, £162,280 in last 4 years and £185,461 in last 5 years.

Currently average asking price of a property in Willesden is around £739,280 based on approximately 391 properties for sale. Same is the case with rental options based on 399 properties up for rent, average asking rent is around £1,927 per month.

Estimated property value in Willesden is £623,627. Average asking price is £739,280 while average price paid is £574,516 which is up by £68,580 and Avg. asking rent £1,927.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 Willesden area. In last 1 year alone average price buyer paid is around £574,516 based on approximately 391 sales in Willesden area alone. If you compare it to last 3 years sales of 1,167 properties where buyers paid around £529,623. 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 £490,594 for 1,850 and average amount paid for purchase of approx. 2,393 properties sold in last 7 years comes to about £464,759 per sale.

 
 

Properties For Sale in Willesden

 
 

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 £254,950, £309,988 for a 2 bedroom house, £812,695 for a 3 bedroom house, £1,039,281 for a 4 bedroom house and £1,494,523 for a 5 bedroom house. For a flat similarly the prices varies from £359,705 for a single bedroom to £452,363 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £600,462, £610,825 for a 4 bedroom flat and £997,475 for a 5 bedroom flat. To sum up the asking prices for properties in Willesden it comes to around average £357,019 for 1 bedroom property, £446,551 for 2 bedroom, £749,530 for 3 bedroom, £994,181 for 4 bedroom and £1,453,102 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 £1,095 for 1 bedroom to £1,530 for 2 bedrooms, £2,571 for 3 bedrooms, £3,154 for 4 bedrooms and £4,723 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,296. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,746, £2,042 for 3 bedroom, £2,842 for 4 bedroom and around £4,973 for 5 bedroom flat. You should be generally be expecting around average £1,271 rent per month for single bedroom property, £1,738 for 2 bedroom, £2,244 for 3 bedroom, £3,094 for 4 bedroom and approximately £4,782 for a 5 bedroom property in Willesden area.

Popular Houses in Willesden

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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