Kings Cross

A newly regenerated neighbourhood for young and creative people

Area Guide For Kings Cross

King’s Cross, named after a monument in the name of King George IV (where the King’s Cross station is now), was one of the poorest areas in London in the 19th century. Today however, it is one of the neighbourhoods undergoing rampant regeneration and is favoured by those who are fond of culture, arts and creativity.

 
 

Tags

Transport links – Professionals – Culture - Creative

Overview

  • The Neighbors

    Mainly council blocks and flats but work is being done to develop family houses.

  • Ideal for

    Creative and artsy people.

  • Deal Sealer

    Excellent transport links.

  • Not for

    Families.

  • You will Like

    Places to eat and drink.

Kings Cross Map

Estimated Price: £600,757
Average Asking Price: £815,645
Price change in last one year: £62,142
Average Price Paid: £439,674
Average Rent Rates: £2,141

 
 

Property Prices Breakdown in Kings Cross

Average Price for property in Kings Cross is around £600,757 which varies based on type of property you are interested in and ranges from £1,154,545 for detached house to around £1,459,337 for semi-detached. Similarly terraced house is around £1,188,203 and a flat is worth £542,996. Values have been changing and have risen £4,840 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,374 in last 6 months, £62,142 in last 1 year, £121,863 in last 2 years, £135,325 in last 3 years, £141,591 in last 4 years and £155,378 in last 5 years.

Currently average asking price of a property in Kings Cross is around £815,645 based on approximately 195 properties for sale. Same is the case with rental options based on 437 properties up for rent, average asking rent is around £2,141 per month.

Estimated property value in Kings Cross is £600,757. Average asking price is £815,645 while average price paid is £542,006 which is up by £62,142 and Avg. asking rent £2,141.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 Kings Cross area. In last 1 year alone average price buyer paid is around £542,006 based on approximately 195 sales in Kings Cross area alone. If you compare it to last 3 years sales of 637 properties where buyers paid around £489,560. 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 £439,674 for 1,131 and average amount paid for purchase of approx. 1,503 properties sold in last 7 years comes to about £418,162 per sale.

 
 
 
 

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 £499,950, £1,296,667 for a 2 bedroom house, £1,516,238 for a 3 bedroom house and £1,873,333 for a 5 bedroom house. For a flat similarly the prices varies from £574,029 for a single bedroom to £797,243 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £645,400, £916,650 for a 4 bedroom flat and £1,500,000 for a 5 bedroom flat. To sum up the asking prices for properties in Kings Cross it comes to around average £571,913 for 1 bedroom property, £826,621 for 2 bedroom, £863,109 for 3 bedroom, £916,650 for 4 bedroom and £1,724,000 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 £2,267 for 1 bedroom to £6,933 for 2 bedrooms, £3,332 for 3 bedrooms, £5,450 for 4 bedrooms and £4,117 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,784. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,605, £3,326 for 3 bedroom, £3,908 for 4 bedroom and around £3,781 for 5 bedroom flat. You should be generally be expecting around average £1,826 rent per month for single bedroom property, £2,640 for 2 bedroom, £3,327 for 3 bedroom, £4,197 for 4 bedroom and approximately £3,893 for a 5 bedroom property in Kings Cross area.

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.

Sum it all up

 The Good

-Excellent Transport links
 -Lots of bars and pubs
-Lots of historic, cultural and artsy places to visit

 Best For

-Artists and media professionals
-History and culture buffs
-Young couples
-Students


 

 The Bad

-Not exactly family friendly
-Can get noisy and crowded
-Not a lot of parks or open spaces nearby

Transportation in Kings Cross

Browse by Streets in Kings Cross