Theatreland

Area Guide For Theatreland

Theatreland is London's main theatre district contains around 40 stages and is located in the heart of The West End, occupying the space between The Strand to the south, Oxford Street to the north, Regent's Street to the west and Kingsway to the east. A true rival to New York's Broadway, the hallowed boards of London's Theatreland frequently attract key Hollywood players and international stars. Specialising in musicals and comedies, some of Theatreland's longest running shows include The Mousetrap, Les Miserables, The Phantom of the Opera, The Woman in Black and Chicago.

 
 

Theatreland Map

Estimated Price: £1,330,299
Average Asking Price: £2,942,857
Price change in last one year: £10,033
Average Price Paid: £1,245,055
Average Rent Rates: £5,783

 
 

Property Prices Breakdown in Theatreland

Values have been changing and have risen £720 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,437 in last 6 months, £10,033 in last 1 year, £245,033 in last 2 years, £250,652 in last 3 years, £293,966 in last 4 years and £337,233 in last 5 years.

Currently average asking price of a property in Theatreland is around £2,942,857 based on approximately 16 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £5,783 per month.

Estimated property value in Theatreland is £1,330,299. Average asking price is £2,942,857 while average price paid is £2,115,944 which is up by £10,033 and Avg. asking rent £5,783.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 Theatreland area. In last 1 year alone average price buyer paid is around £2,115,944 based on approximately 16 sales in Theatreland area alone. If you compare it to last 3 years sales of 85 properties where buyers paid around £1,563,782. 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 £1,245,055 for 142 and average amount paid for purchase of approx. 170 properties sold in last 7 years comes to about £1,159,665 per sale.

 
 

Properties For Sale in Theatreland

 
 

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 2 bedroom is around £2,237,500. For a flat similarly the prices varies from £1,196,000 for a single bedroom to £2,343,542 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £4,777,778 and £6,950,000 for a 4 bedroom flat. To sum up the asking prices for properties in Theatreland it comes to around average £1,196,000 for 1 bedroom property, £2,335,385 for 2 bedroom, £4,777,778 for 3 bedroom and £6,950,000 for 4 bedroom.

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 £2,156 for 1 bedroom to £5,525 for 2 bedroom, £6,608 for 3 bedroom and £19,067 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,630. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £5,018, £6,690 for 3 bedroom, £18,727 for 4 bedroom and around £16,033 for 5 bedroom flat. You should be generally be expecting around average £2,601 rent per month for single bedroom property, £5,096 for 2 bedroom, £6,682 for 3 bedroom, £18,727 for 4 bedroom and approximately £17,550 for a 5 bedroom property in Theatreland area.

Popular Houses in Theatreland

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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