Neasden

Area Guide For Neasden

Neasden is an area in North West London; it forms part of the London Borough of Brent. Before the arrival of the railway in the late 19th century Neasden had little more than 100 residents, today it is heavily populated and successfully thriving due to its excellent transport links. Similarly it has led to an increase of houses built to accommodate both workers and City commuters taking residence here.

 
 

Neasden Map

Estimated Price: £468,519
Average Asking Price: £614,899
Price change in last one year: £50,442
Average Price Paid: £328,340
Average Rent Rates: £1,732

 
 

Property Prices Breakdown in Neasden

Average Price for property in Neasden is around £468,519 which varies based on type of property you are interested in and ranges from £710,028 for detached house to around £612,795 for semi-detached. Similarly terraced house is around £542,709 and a flat is worth £305,959. Values have been changing and have risen £10,905 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £28,724 in last 6 months, £50,442 in last 1 year, £91,707 in last 2 years, £119,060 in last 3 years, £119,362 in last 4 years and £136,413 in last 5 years.

Currently average asking price of a property in Neasden is around £614,899 based on approximately 212 properties for sale. Same is the case with rental options based on 459 properties up for rent, average asking rent is around £1,732 per month.

Estimated property value in Neasden is £468,519. Average asking price is £614,899 while average price paid is £365,110 which is up by £50,442 and Avg. asking rent £1,732.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 Neasden area. In last 1 year alone average price buyer paid is around £365,110 based on approximately 212 sales in Neasden area alone. If you compare it to last 3 years sales of 498 properties where buyers paid around £347,728. 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 £328,340 for 825 and average amount paid for purchase of approx. 1,092 properties sold in last 7 years comes to about £314,185 per sale.

 
 

Properties For Sale in Neasden

 
 

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 £334,967, £509,026 for a 2 bedroom house, £723,452 for a 3 bedroom house, £913,680 for a 4 bedroom house and £1,232,421 for a 5 bedroom house. For a flat similarly the prices varies from £311,872 for a single bedroom to £423,029 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £486,216, £612,475 for a 4 bedroom flat and £599,950 for a 5 bedroom flat. To sum up the asking prices for properties in Neasden it comes to around average £312,490 for 1 bedroom property, £431,548 for 2 bedroom, £674,414 for 3 bedroom, £906,054 for 4 bedroom and £1,218,047 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 £864 for 1 bedroom to £1,505 for 2 bedrooms, £2,241 for 3 bedrooms, £2,603 for 4 bedrooms and £3,814 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,247. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,561, £1,998 for 3 bedroom, £2,223 for 4 bedroom and around £2,817 for 5 bedroom flat. You should be generally be expecting around average £1,198 rent per month for single bedroom property, £1,557 for 2 bedroom, £2,141 for 3 bedroom, £2,575 for 4 bedroom and approximately £3,731 for a 5 bedroom property in Neasden area.

Popular Houses in Neasden

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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