Kensal Town

Area Guide For Kensal Town

Kensal Town is a district of London located within the boundary of the City of Westminster and Royal Borough of Kensington and Chelsea. With a range of council flats, terraced houses and modern developments, young couples looking for a first property purchase now seek after this neighbourhood. The proximity to the Grand Union Canal and Kensington gardens reinforce the appeal of this area. There are also sports centres in the area, including the Fitness Club inThorpe and The Westway Sports Centre. For transport, the underground is the easiest mode of transport. On the Hammersmith & City line are Latimer Road, Ladbroke Grove and Westbourne Park stations, whereas on the Bakerloo Line are Kensal Green and Queens Park stations.

 
 

Kensal Town Map

Estimated Price: £646,566
Average Asking Price: £944,846
Price change in last one year: £64,004
Average Price Paid: £511,989
Average Rent Rates: £2,229

 
 

Property Prices Breakdown in Kensal Town

Average Price for property in Kensal Town is around £646,566 which varies based on type of property you are interested in and ranges from £5,232,094 for detached house to around £872,913 for semi-detached. Similarly terraced house is around £828,128 and a flat is worth £507,093. Values have been changing and have risen £5,026 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,426 in last 6 months, £64,004 in last 1 year, £136,802 in last 2 years, £167,201 in last 3 years, £178,832 in last 4 years and £183,611 in last 5 years.

Currently average asking price of a property in Kensal Town is around £944,846 based on approximately 119 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £2,229 per month.

Estimated property value in Kensal Town is £646,566. Average asking price is £944,846 while average price paid is £627,091 which is up by £64,004 and Avg. asking rent £2,229.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 Town area. In last 1 year alone average price buyer paid is around £627,091 based on approximately 119 sales in Kensal Town area alone. If you compare it to last 3 years sales of 444 properties where buyers paid around £537,536. 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 £511,989 for 693 and average amount paid for purchase of approx. 851 properties sold in last 7 years comes to about £486,552 per sale.

 
 

Properties For Sale in Kensal Town

 
 

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 £723,990, £1,316,313 for a 3 bedroom house and £1,383,333 for a 4 bedroom house. For a flat similarly the prices varies from £507,557 for a single bedroom to £564,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £932,267 and £827,475 for a 4 bedroom flat. To sum up the asking prices for properties in Kensal Town it comes to around average £507,557 for 1 bedroom property, £592,371 for 2 bedroom, £1,175,496 for 3 bedroom and £1,065,700 for 4 bedroom.

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 £3,313 for 1 bedroom to £1,972 for 2 bedroom, £2,178 for 3 bedroom and £2,654 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,830. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,460 and £2,982 for 3 bedroom. You should be generally be expecting around average £1,933 rent per month for single bedroom property, £2,416 for 2 bedroom, £2,874 for 3 bedroom and approximately £2,654 for 4 bedroom property in Kensal Town area.

Popular Houses in Kensal Town

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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