Wimbledon

An amazing neighbourhood for those who can afford it

Area Guide For Wimbledon

Known for the esteemed annual Tennis tournament, the Wimbledon neighbourhood, located in the London Borough of Merton, has much to offer to its wealthy residents, including excellent schools, tons of recreational activities, shopping facilities and parks. 

 
 

Tags

Sports – Greenery – Shopping – Posh – Family Friendly – Good Schools

Overview

  • The Neighbors

    A diverse variety of houses including flats, mansions and terraces.

  • Ideal for

    Wealthy families and professionals.

  • Deal Sealer

    Lots of shopping and recreational facilities.

  • Not for

    People looking for busier and more affordable neighbourhoods.

  • You will Like

    Lots of parks and greenery.

Wimbledon Map

Estimated Price: £776,175
Average Asking Price: £1,059,474
Price change in last one year: £80,029
Average Price Paid: £570,881
Average Rent Rates: £2,588

 
 

Property Prices Breakdown in Wimbledon

Average Price for property in Wimbledon is around £776,175 which varies based on type of property you are interested in and ranges from £2,567,559 for detached house to around £1,077,058 for semi-detached. Similarly terraced house is around £750,301 and a flat is worth £455,077. Values have been changing and have risen £1,258 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,266 in last 6 months, £80,029 in last 1 year, £149,053 in last 2 years, £199,992 in last 3 years, £221,488 in last 4 years and £223,434 in last 5 years.

Currently average asking price of a property in Wimbledon is around £1,059,474 based on approximately 1,782 properties for sale. Same is the case with rental options based on 862 properties up for rent, average asking rent is around £2,588 per month.

Estimated property value in Wimbledon is £776,175. Average asking price is £1,059,474 while average price paid is £675,251 which is up by £80,029 and Avg. asking rent £2,588.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 Wimbledon area. In last 1 year alone average price buyer paid is around £675,251 based on approximately 1,782 sales in Wimbledon area alone. If you compare it to last 3 years sales of 5,897 properties where buyers paid around £601,540. 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 £570,881 for 9,744 and average amount paid for purchase of approx. 12,679 properties sold in last 7 years comes to about £543,356 per sale.

 
 

Properties For Sale in Wimbledon

 
 

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 £317,500, £648,768 for a 2 bedroom house, £741,898 for a 3 bedroom house, £1,385,849 for a 4 bedroom house and £2,220,985 for a 5 bedroom house. For a flat similarly the prices varies from £330,993 for a single bedroom to £513,003 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £674,941 and £669,857 for a 4 bedroom flat. To sum up the asking prices for properties in Wimbledon it comes to around average £330,613 for 1 bedroom property, £536,217 for 2 bedroom, £724,755 for 3 bedroom, £1,340,697 for 4 bedroom and £2,220,985 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 £1,177 for 1 bedroom to £1,861 for 2 bedrooms, £2,770 for 3 bedrooms, £4,352 for 4 bedrooms and £6,005 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,422. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,951, £2,639 for 3 bedroom and £3,698 for 4 bedroom. You should be generally be expecting around average £1,406 rent per month for single bedroom property, £1,938 for 2 bedroom, £2,716 for 3 bedroom, £4,284 for 4 bedroom and approximately £6,005 for a 5 bedroom property in Wimbledon area.

Popular Houses in Wimbledon

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 Wimbledon

Sum it all up

 The Good

-Greenery and Parks
 -Lots of shops
-Plenty of recreational activities
-Good Schools
-Good Transport

 Best For

-Wealthy Families
- Sportsmen and women
-Successful professionals


 

 The Bad

-Good areas are considerably more expensive
-The cheaper South Wimbledon can be unsafe
-Can be dull during the week

Transportation in Wimbledon

Browse by Streets in Wimbledon