Mill Hill

A Perfect Mix of a Bustling Broadway and Village Charm

Area Guide For Mill Hill

Located only a few miles North West of the Charing Cross, Mill Hill is a popular destination for people looking to enjoy a perfect mix of village life and best urban facilities. Scattered around the Ridgeway, is the charming old village whereas at the bottom of the Hill, there is a bustling and busy Broadway with a bevy of local and independent chain stores, pubs and eateries.

 
 

Tags

Schools
Pubs
Houses
Park life
Shops
Transportation

Overview

  • The Neighbors

    There is a large variety of houses and flats available in Mill Hill. Around the Ridgeway, which is the old part of the town, there are Georgian houses and cottages, but as you move on towards the Broadway, there are large detached and semi-detached houses, most of which were built during the 1920’s. There are one and two bedroom flats also available in some of the streets.

  • Ideal for

    Families, Commuters, Professionals, Retirees, Jewish Families

  • Deal Sealer

    Education, Transport

  • Not for

    Middle and working class

  • You will Like

    Places, Pubs, Restaurants, and Parks

Mill Hill Map

Estimated Price: £703,598
Average Asking Price: £1,304,200
Price change in last one year: £88,118
Average Price Paid: £491,476
Average Rent Rates: £3,042

 
 

Property Prices Breakdown in Mill Hill

Average Price for property in Mill Hill is around £703,598 which varies based on type of property you are interested in and ranges from £1,361,215 for detached house to around £661,669 for semi-detached. Similarly terraced house is around £568,049 and a flat is worth £403,136. Values have been changing and have risen £16,960 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £44,669 in last 6 months, £88,118 in last 1 year, £141,937 in last 2 years, £180,131 in last 3 years, £177,366 in last 4 years and £200,888 in last 5 years.

Currently average asking price of a property in Mill Hill is around £1,304,200 based on approximately 322 properties for sale. Same is the case with rental options based on 146 properties up for rent, average asking rent is around £3,042 per month.

Estimated property value in Mill Hill is £703,598. Average asking price is £1,304,200 while average price paid is £569,988 which is up by £88,118 and Avg. asking rent £3,042.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 Mill Hill area. In last 1 year alone average price buyer paid is around £569,988 based on approximately 322 sales in Mill Hill area alone. If you compare it to last 3 years sales of 1,026 properties where buyers paid around £509,539. 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 £491,476 for 1,709 and average amount paid for purchase of approx. 2,253 properties sold in last 7 years comes to about £468,737 per sale.

 
 

Properties For Sale in Mill Hill

 
 

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 £979,066, £810,561 for a 3 bedroom house, £1,111,968 for a 4 bedroom house and £1,831,041 for a 5 bedroom house. For a flat similarly the prices varies from £302,756 for a single bedroom to £609,552 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £861,573. To sum up the asking prices for properties in Mill Hill it comes to around average £302,756 for 1 bedroom property, £687,618 for 2 bedroom, £830,250 for 3 bedroom, £1,111,968 for 4 bedroom and £1,831,041 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 £1,382 for 2 bedroom to £1,917 for 3 bedroom, £3,149 for 4 bedroom and £3,766 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,051. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,476, £1,885 for 3 bedroom and £3,033 for 5 bedroom. You should be generally be expecting around average £1,051 rent per month for single bedroom property, £1,470 for 2 bedroom, £1,907 for 3 bedroom, £3,149 for 4 bedroom and approximately £3,738 for a 5 bedroom property in Mill Hill area.

Popular Houses in Mill Hill

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 Mill Hill

Sum it all up

 The Good

- Excellent Schools
- Great Community Spirit
- Calm
- Great Architecture
- Good Transportation Links
- Park Life

 Best For

- Families
- Professionals
- Retirees
- Commuters


 

 The Bad

- Mostly Expensive

 

Transportation in Mill Hill

Browse by Streets in Mill Hill