SW1X

Real Estate Area Guide For SW1X

 

SW1X Map

Estimated Price: £1,796,181
Average Asking Price: £2,957,336
Price change in last one year: £216,073
Average Price Paid: £1,349,669
Average Rent Rates: £8,552

 

SW1X Rating

According to the ratings we obtained in our survey of the SW1X area, 88% of the people rate it as a Very good neighbourhood overall and 80% consider it a safe locality with a strong sense of community. 90% of the votes are in favour of the entertainment & nightlife options while 90% of the people recommend the parks and recreational facilities. The restaurants & shopping scene received 90% votes while 90% of the residents gave good reviews for schools, public services and 90% also voted for transport & travel facilities in the neighbourhood.

Property Prices Breakdown in SW1X

Average Price for property in SW1X is around £1,796,181 which varies based on type of property you are interested in and ranges from £5,351,329 for detached house to around £4,087,356 for semi-detached. Similarly terraced house is around £4,223,783 and a flat is worth £1,432,050. Values have been changing and have risen £9,482 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,833 in last 6 months, £216,073 in last 1 year, £356,976 in last 2 years, £494,317 in last 3 years, £556,871 in last 4 years and £555,904 in last 5 years.

Currently average asking price of a property in SW1X is around £2,957,336 based on approximately 728 properties for sale. Same is the case with rental options based on 1,928 properties up for rent, average asking rent is around £8,552 per month.

Estimated property value in SW1X is £1,796,181. Average asking price is £2,957,336 while average price paid is £1,778,937 which is up by £216,073 and Avg. asking rent £8,552.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 SW1X area. In last 1 year alone average price buyer paid is around £1,778,937 based on approximately 728 sales in SW1X area alone. If you compare it to last 3 years sales of 2,412 properties where buyers paid around £1,600,819. 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 £1,349,669 for 4,037 and average amount paid for purchase of approx. 5,312 properties sold in last 7 years comes to about £1,249,727 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 £1,070,000, £1,583,333 for a 2 bedroom house, £4,832,081 for a 3 bedroom house, £5,645,238 for a 4 bedroom house and £9,849,167 for a 5 bedroom house. For a flat similarly the prices varies from £1,092,627 for a single bedroom to £2,027,240 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,477,876, £7,330,476 for a 4 bedroom flat and £11,242,308 for a 5 bedroom flat. To sum up the asking prices for properties in SW1X it comes to around average £1,092,416 for 1 bedroom property, £2,018,943 for 2 bedroom, £3,607,362 for 3 bedroom, £6,487,857 for 4 bedroom and £10,433,387 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 £7,225 for 1 bedroom to £5,914 for 2 bedrooms, £10,060 for 3 bedrooms, £13,538 for 4 bedrooms and £18,732 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £3,426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £5,157, £9,921 for 3 bedroom, £14,427 for 4 bedroom and around £36,761 for 5 bedroom flat. You should be generally be expecting around average £3,612 rent per month for single bedroom property, £5,234 for 2 bedroom, £9,953 for 3 bedroom, £14,074 for 4 bedroom and approximately £20,895 for a 5 bedroom property in SW1X area.

Popular Houses in SW1X

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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