Maida Hill

Area Guide For Maida Hill

Maida Hill the area to the south-west of Maida Vale, at the southern end of Elgin Avenue, was historically known as "Maida Hill", and was a recognised postal district bounded by the Avenues on the west, the Grand Union Canal on the south, Maida Vale to the east and Kilburn Lane to the north. Grand Victorian terraced houses, gems like The Truscott Arms with amazing food and beer, and 20 minutes walk from Hyde Park. Maida Vale has good transport links to Central London even by the motorways.

 
 

Maida Hill Map

Estimated Price: £865,311
Average Asking Price: £1,083,510
Price change in last one year: £82,453
Average Price Paid: £636,441
Average Rent Rates: £3,313

 
 

Property Prices Breakdown in Maida Hill

Average Price for property in Maida Hill is around £865,311 which varies based on type of property you are interested in and ranges from £915,976 for detached house to around £3,882,115 for semi-detached. Similarly terraced house is around £1,716,567 and a flat is worth £743,415. Values have been changing and have risen £6,656 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,572 in last 6 months, £82,453 in last 1 year, £176,275 in last 2 years, £217,207 in last 3 years, £235,115 in last 4 years and £247,701 in last 5 years.

Currently average asking price of a property in Maida Hill is around £1,083,510 based on approximately 134 properties for sale. Same is the case with rental options based on 288 properties up for rent, average asking rent is around £3,313 per month.

Estimated property value in Maida Hill is £865,311. Average asking price is £1,083,510 while average price paid is £731,312 which is up by £82,453 and Avg. asking rent £3,313.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 Maida Hill area. In last 1 year alone average price buyer paid is around £731,312 based on approximately 134 sales in Maida Hill area alone. If you compare it to last 3 years sales of 439 properties where buyers paid around £687,504. 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 £636,441 for 740 and average amount paid for purchase of approx. 975 properties sold in last 7 years comes to about £590,578 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 £600,000, £750,000 for a 2 bedroom house, £1,450,000 for a 3 bedroom house, £3,350,000 for a 4 bedroom house and £4,375,000 for a 5 bedroom house. For a flat similarly the prices varies from £562,607 for a single bedroom to £812,111 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,046,118 and £2,033,333 for a 4 bedroom flat. To sum up the asking prices for properties in Maida Hill it comes to around average £564,232 for 1 bedroom property, £811,184 for 2 bedroom, £1,079,775 for 3 bedroom, £2,785,714 for 4 bedroom and £4,375,000 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 £2,535 for 2 bedroom to £4,398 for 3 bedroom, £28,167 for 4 bedroom and £15,383 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,732. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,723 and £2,848 for 3 bedroom. You should be generally be expecting around average £1,732 rent per month for single bedroom property, £3,705 for 2 bedroom, £3,034 for 3 bedroom, £28,167 for 4 bedroom and approximately £15,384 for a 5 bedroom property in Maida Hill 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.

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