South West London

Area Guide For South West London

South West London generally comprises of Kingston Upon Thames, Richmond Upon Thames, Wandsworth and Merton. You will find some posh neighbourhoods here, especially in Knightsbridge and Kensington while there is no shortage of great shopping and eating places either. The surroundings in South West London are generally calm and peaceful with several parks and green spaces, while there is a lot of new development going on in certain areas as well.

 
 

South West London Map

Estimated Price: £1,035,555
Average Asking Price: £1,439,775
Price change in last one year: £107,032
Average Price Paid: £711,577
Average Rent Rates: £4,242

 
 

Property Prices Breakdown in South West London

Average Price for property in South West London is around £1,035,555 which varies based on type of property you are interested in and ranges from £2,535,101 for detached house to around £1,449,621 for semi-detached. Similarly terraced house is around £1,337,779 and a flat is worth £774,906. Values have been changing and have risen £1,144 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,606 in last 6 months, £107,032 in last 1 year, £194,458 in last 2 years, £267,863 in last 3 years, £302,095 in last 4 years and £302,171 in last 5 years.

Currently average asking price of a property in South West London is around £1,439,775 based on approximately 12,178 properties for sale. Same is the case with rental options based on 12,372 properties up for rent, average asking rent is around £4,242 per month.

Estimated property value in South West London is £1,035,555. Average asking price is £1,439,775 while average price paid is £877,627 which is up by £107,032 and Avg. asking rent £4,242.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 South West London area. In last 1 year alone average price buyer paid is around £877,627 based on approximately 12,178 sales in South West London area alone. If you compare it to last 3 years sales of 39,991 properties where buyers paid around £769,992. 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 £711,577 for 65,732 and average amount paid for purchase of approx. 84,817 properties sold in last 7 years comes to about £678,325 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 £665,954, £931,561 for a 2 bedroom house, £1,167,063 for a 3 bedroom house, £1,704,036 for a 4 bedroom house and £2,628,664 for a 5 bedroom house. For a flat similarly the prices varies from £666,050 for a single bedroom to £1,024,878 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,959,106, £3,537,096 for a 4 bedroom flat and £12,129,662 for a 5 bedroom flat. To sum up the asking prices for properties in South West London it comes to around average £666,045 for 1 bedroom property, £1,016,813 for 2 bedroom, £1,654,052 for 3 bedroom, £2,044,572 for 4 bedroom and £3,233,824 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 £3,219 for 1 bedroom to £3,836 for 2 bedrooms, £5,316 for 3 bedrooms, £5,926 for 4 bedrooms and £8,087 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,307. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,206, £6,233 for 3 bedroom, £10,307 for 4 bedroom and around £19,141 for 5 bedroom flat. You should be generally be expecting around average £2,360 rent per month for single bedroom property, £3,260 for 2 bedroom, £5,951 for 3 bedroom, £7,385 for 4 bedroom and approximately £9,123 for a 5 bedroom property in South West London 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.

Transportation in South West London

Areas in and around South West London