WC1A

Real Estate Area Guide For WC1A

 

WC1A Map

Estimated Price: £702,248
Average Asking Price: £1,141,438
Price change in last one year: £1,950
Average Price Paid: £580,789
Average Rent Rates: £3,143

 

WC1A Rating

According to the ratings we obtained in our survey of the WC1A area, 95% of the people rate it as a Excellent neighbourhood overall and 100% consider it a safe locality with a strong sense of community. 100% of the votes are in favour of the entertainment & nightlife options while 100% of the people recommend the parks and recreational facilities. The restaurants & shopping scene received 100% votes while 90% of the residents gave good reviews for schools, public services and 100% also voted for transport & travel facilities in the neighbourhood.

Property Prices Breakdown in WC1A

Average Price for property in WC1A is around £702,248 which varies based on type of property you are interested in and ranges from £1,663,756 for detached house to around £1,945,092 for semi-detached. Similarly terraced house is around £1,803,855 and a flat is worth £617,187. Values have been changing and have risen £2,491 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,768 in last 6 months, £1,950 in last 1 year, £116,678 in last 2 years, £114,480 in last 3 years, £139,588 in last 4 years and £155,070 in last 5 years.

Currently average asking price of a property in WC1A is around £1,141,438 based on approximately 186 properties for sale. Same is the case with rental options based on 430 properties up for rent, average asking rent is around £3,143 per month.

Estimated property value in WC1A is £702,248. Average asking price is £1,141,438 while average price paid is £689,508 which is up by £1,950 and Avg. asking rent £3,143.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 WC1A area. In last 1 year alone average price buyer paid is around £689,508 based on approximately 186 sales in WC1A area alone. If you compare it to last 3 years sales of 646 properties where buyers paid around £645,084. 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 £580,789 for 1,105 and average amount paid for purchase of approx. 1,537 properties sold in last 7 years comes to about £548,054 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 £499,950, £1,485,000 for a 2 bedroom house, £2,145,000 for a 3 bedroom house, £4,625,000 for a 4 bedroom house and £2,555,000 for a 5 bedroom house. For a flat similarly the prices varies from £627,152 for a single bedroom to £1,126,440 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,704,231, £1,956,666 for a 4 bedroom flat and £1,700,000 for a 5 bedroom flat. To sum up the asking prices for properties in WC1A it comes to around average £624,706 for 1 bedroom property, £1,152,052 for 2 bedroom, £1,763,000 for 3 bedroom, £3,024,000 for 4 bedroom and £2,384,000 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 £2,197 for 1 bedroom to £2,817 for 2 bedroom and £5,007 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,083. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,066, £4,052 for 3 bedroom and £4,556 for 4 bedroom. You should be generally be expecting around average £2,092 rent per month for single bedroom property, £3,064 for 2 bedroom, £4,228 for 3 bedroom and approximately £4,556 for 4 bedroom property in WC1A area.

Popular Houses in WC1A

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.

Browse by Streets in WC1A