Mortlake

A riverside neighbourhood with a village feel

Area Guide For Mortlake

Located in the London Borough of Richmond Upon Thames, Mortlake is a suburban neighbourhood with a good range of local amenities and a village feel. The area is ideal for families looking for a peaceful neighbourhood but the downside is lack of transport links.

 
 

Tags

Family Friendly – Parks – Riverside – Village Feel

Overview

  • The Neighbors

    Mainly old, detached and semi-detached houses along with some new developments.

  • Ideal for

    Families.

  • Deal Sealer

    Riverside location.

  • Not for

    People looking for great transportation services.

  • You will Like

    Parks and greenery.

Mortlake Map

Estimated Price: £1,088,595
Average Asking Price: £1,094,729
Price change in last one year: £114,811
Average Price Paid: £754,333
Average Rent Rates: £2,980

 
 

Property Prices Breakdown in Mortlake

Average Price for property in Mortlake is around £1,088,595 which varies based on type of property you are interested in and ranges from £2,476,693 for detached house to around £1,456,780 for semi-detached. Similarly terraced house is around £1,044,425 and a flat is worth £537,784. Values have been changing and have risen £4,801 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,922 in last 6 months, £114,811 in last 1 year, £208,318 in last 2 years, £271,476 in last 3 years, £307,242 in last 4 years and £312,455 in last 5 years.

Currently average asking price of a property in Mortlake is around £1,094,729 based on approximately 251 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £2,980 per month.

Estimated property value in Mortlake is £1,088,595. Average asking price is £1,094,729 while average price paid is £922,890 which is up by £114,811 and Avg. asking rent £2,980.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 Mortlake area. In last 1 year alone average price buyer paid is around £922,890 based on approximately 251 sales in Mortlake area alone. If you compare it to last 3 years sales of 874 properties where buyers paid around £797,794. 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 £754,333 for 1,489 and average amount paid for purchase of approx. 1,957 properties sold in last 7 years comes to about £719,663 per sale.

 
 

Properties For Sale in Mortlake

 
 

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 £500,000, £778,193 for a 2 bedroom house, £959,995 for a 3 bedroom house, £1,415,575 for a 4 bedroom house and £1,879,286 for a 5 bedroom house. For a flat similarly the prices varies from £364,986 for a single bedroom to £516,050 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £602,071 and £850,000 for a 4 bedroom flat. To sum up the asking prices for properties in Mortlake it comes to around average £376,238 for 1 bedroom property, £610,153 for 2 bedroom, £764,764 for 3 bedroom, £1,394,628 for 4 bedroom and £1,879,286 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 £3,023 for 2 bedroom to £2,484 for 3 bedroom, £3,570 for 4 bedroom and £5,870 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,213. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,696, £1,848 for 3 bedroom and £2,201 for 4 bedroom. You should be generally be expecting around average £1,213 rent per month for single bedroom property, £1,873 for 2 bedroom, £2,325 for 3 bedroom, £3,484 for 4 bedroom and approximately £5,870 for a 5 bedroom property in Mortlake area.

Popular Houses in Mortlake

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.

Sold Properties in Mortlake

Sum it all up

 The Good

-Affordable property
 -High Street
-Good Schools
-Riverside setting
-Nearby parks and greenery

 Best For

-Families

 The Bad

-No tube stations
-Not a very active nightlife

Transportation in Mortlake

Browse by Streets in Mortlake