Kensal Rise

Area Guide For Kensal Rise

Kensal Rise is an area of London, within the London Borough of Brent. Kensal Rise nestles next to Queen’s Park to form a vibrant residential village. Its sense of community coupled with some of the best transport links in the capital has helped fuel its appeal to young professionals and families alike. It’s hip and happening, with an eclectic mix of independent shops and a cracking selection of cafes, pubs, bards and restaurants. But it also boasts good schools, open spaces and the Grand Union Canal to round off its hot property credentials. Buyers can find everything from Edwardian terraces and flat conversions to large semi-detached 1920s houses and even a two bedroom artisan cottage.

 
 

Kensal Rise Map

Estimated Price: £811,784
Average Asking Price: £935,068
Price change in last one year: £88,931
Average Price Paid: £650,614
Average Rent Rates: £2,198

 
 

Property Prices Breakdown in Kensal Rise

Average Price for property in Kensal Rise is around £811,784 which varies based on type of property you are interested in and ranges from £1,350,402 for detached house to around £1,078,722 for semi-detached. Similarly terraced house is around £1,093,912 and a flat is worth £509,152. Values have been changing and have risen £19,226 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £50,643 in last 6 months, £88,931 in last 1 year, £161,685 in last 2 years, £209,909 in last 3 years, £210,438 in last 4 years and £240,495 in last 5 years.

Currently average asking price of a property in Kensal Rise is around £935,068 based on approximately 313 properties for sale. Same is the case with rental options based on 196 properties up for rent, average asking rent is around £2,198 per month.

Estimated property value in Kensal Rise is £811,784. Average asking price is £935,068 while average price paid is £804,050 which is up by £88,931 and Avg. asking rent £2,198.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 Kensal Rise area. In last 1 year alone average price buyer paid is around £804,050 based on approximately 313 sales in Kensal Rise area alone. If you compare it to last 3 years sales of 946 properties where buyers paid around £709,549. 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 £650,614 for 1,567 and average amount paid for purchase of approx. 1,996 properties sold in last 7 years comes to about £617,933 per sale.

 
 

Properties For Sale in Kensal Rise

 
 

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 £709,975, £862,750 for a 3 bedroom house, £1,166,961 for a 4 bedroom house and £2,012,834 for a 5 bedroom house. For a flat similarly the prices varies from £360,474 for a single bedroom to £584,829 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £696,652 and £898,990 for a 4 bedroom flat. To sum up the asking prices for properties in Kensal Rise it comes to around average £360,474 for 1 bedroom property, £588,354 for 2 bedroom, £813,623 for 3 bedroom, £1,131,701 for 4 bedroom and £2,012,834 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 £763 for 1 bedroom to £1,885 for 2 bedrooms, £2,484 for 3 bedrooms, £3,160 for 4 bedrooms and £5,728 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,473. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,709, £2,902 for 3 bedroom, £2,492 for 4 bedroom and around £2,817 for 5 bedroom flat. You should be generally be expecting around average £1,410 rent per month for single bedroom property, £1,713 for 2 bedroom, £2,702 for 3 bedroom, £3,115 for 4 bedroom and approximately £5,504 for a 5 bedroom property in Kensal Rise area.

Popular Houses in Kensal Rise

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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