Stockwell

Area Guide For Stockwell

Stockwell is a district in inner South London, located within the London Borough of Lambeth. Once one of London's poorest neighbourhoods, it is now an up-and-coming area, owing to its close proximity to central London, excellent transport links, and diverse cultural mix. Average property prices in Stockwell are 14% below the London average, as well as incredible 97.1% below the London average rates on rental prices.

 
 

Stockwell Map

Estimated Price: £619,799
Average Asking Price: £1,062,903
Price change in last one year: £66,570
Average Price Paid: £453,799
Average Rent Rates: £2,451

 
 

Property Prices Breakdown in Stockwell

Average Price for property in Stockwell is around £619,799 which varies based on type of property you are interested in and ranges from £1,236,335 for detached house to around £1,059,913 for semi-detached. Similarly terraced house is around £830,688 and a flat is worth £540,174. Values have been changing and have risen £6,449 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,368 in last 6 months, £66,570 in last 1 year, £130,109 in last 2 years, £155,673 in last 3 years, £151,490 in last 4 years and £171,064 in last 5 years.

Currently average asking price of a property in Stockwell is around £1,062,903 based on approximately 1,123 properties for sale. Same is the case with rental options based on 756 properties up for rent, average asking rent is around £2,451 per month.

Estimated property value in Stockwell is £619,799. Average asking price is £1,062,903 while average price paid is £658,374 which is up by £66,570 and Avg. asking rent £2,451.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 Stockwell area. In last 1 year alone average price buyer paid is around £658,374 based on approximately 1,123 sales in Stockwell area alone. If you compare it to last 3 years sales of 3,293 properties where buyers paid around £505,266. 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 £453,799 for 5,199 and average amount paid for purchase of approx. 6,829 properties sold in last 7 years comes to about £427,491 per sale.

 
 

Properties For Sale in Stockwell

 
 

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 £693,239, £1,237,581 for a 2 bedroom house, £1,052,451 for a 3 bedroom house, £1,093,178 for a 4 bedroom house and £1,283,744 for a 5 bedroom house. For a flat similarly the prices varies from £641,931 for a single bedroom to £1,090,746 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,955,841, £2,436,297 for a 4 bedroom flat and £799,983 for a 5 bedroom flat. To sum up the asking prices for properties in Stockwell it comes to around average £645,096 for 1 bedroom property, £1,102,070 for 2 bedroom, £1,714,682 for 3 bedroom, £1,561,235 for 4 bedroom and £1,242,279 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 £1,484 for 1 bedroom to £2,912 for 2 bedrooms, £2,861 for 3 bedrooms, £4,047 for 4 bedrooms and £3,540 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,613. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,553, £2,907 for 3 bedroom and £4,788 for 4 bedroom. You should be generally be expecting around average £1,607 rent per month for single bedroom property, £2,580 for 2 bedroom, £2,898 for 3 bedroom, £4,309 for 4 bedroom and approximately £3,540 for a 5 bedroom property in Stockwell area.

Popular Houses in Stockwell

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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