Marylebone

A charming neighbourhood with lots to see

View Properties to Rent in Marylebone  

Area Guide For Marylebone

Marylebone can be called a traditional neighbourhood which has attracted wealthy residents with its charming scenery and historic buildings. The neighbourhood is also home to England’s best doctors and the famed fictional detective, Sherlock Holmes.

 
 

Tags

Traditional – Medical – Wealthy - Connectivity

Overview

  • The Neighbors

    Traditional feel, with historic buildings and a charming vibe.

  • Ideal for

    People looking for a traditional experience in the heart of London.

  • Deal Sealer

    Centrally connected.

  • Not for

    People wanting cheaper accommodation in less crowded neighbourhoods.

  • You will Like

    Lots of places to see.

Marylebone Map

Estimated Price: £1,275,515
Average Asking Price: £2,138,467
Price change in last one year: £154,317
Average Price Paid: £1,060,468
Average Rent Rates: £4,187

 
 

Property Prices Breakdown in Marylebone

Average Price for property in Marylebone is around £1,275,515 which varies based on type of property you are interested in and ranges from £1,903,430 for detached house to around £2,291,392 for semi-detached. Similarly terraced house is around £2,600,986 and a flat is worth £1,163,201. Values have been changing and have risen £27,252 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £67,960 in last 6 months, £154,317 in last 1 year, £256,690 in last 2 years, £351,318 in last 3 years, £328,817 in last 4 years and £379,307 in last 5 years.

Currently average asking price of a property in Marylebone is around £2,138,467 based on approximately 323 properties for sale. Same is the case with rental options based on 1,961 properties up for rent, average asking rent is around £4,187 per month.

Estimated property value in Marylebone is £1,275,515. Average asking price is £2,138,467 while average price paid is £1,281,235 which is up by £154,317 and Avg. asking rent £4,187.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 Marylebone area. In last 1 year alone average price buyer paid is around £1,281,235 based on approximately 323 sales in Marylebone area alone. If you compare it to last 3 years sales of 1,047 properties where buyers paid around £1,194,122. 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 £1,060,468 for 1,789 and average amount paid for purchase of approx. 2,373 properties sold in last 7 years comes to about £969,147 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 £650,000, £1,678,000 for a 2 bedroom house, £3,779,167 for a 3 bedroom house, £3,266,661 for a 4 bedroom house and £4,203,571 for a 5 bedroom house. For a flat similarly the prices varies from £814,521 for a single bedroom to £1,408,695 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,205,792, £3,811,996 for a 4 bedroom flat and £6,669,231 for a 5 bedroom flat. To sum up the asking prices for properties in Marylebone it comes to around average £810,134 for 1 bedroom property, £1,418,819 for 2 bedroom, £2,254,453 for 3 bedroom, £3,728,809 for 4 bedroom and £5,390,741 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 £4,097 for 1 bedroom to £3,723 for 2 bedrooms, £5,902 for 3 bedrooms, £6,893 for 4 bedrooms and £20,790 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,602. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,611, £5,707 for 3 bedroom, £6,717 for 4 bedroom and around £10,259 for 5 bedroom flat. You should be generally be expecting around average £2,650 rent per month for single bedroom property, £3,616 for 2 bedroom, £5,722 for 3 bedroom, £6,737 for 4 bedroom and approximately £14,964 for a 5 bedroom property in Marylebone area.

Popular Houses in Marylebone

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.

Sum it all up

 The Good

-Excellent Transportation
 -Central Location
-Traditional experience
-Tons of places to see

 Best For

-Wealthy families
-Retired couples
-Photographers
-History buffs

 The Bad

-Expensive property
-Mostly small houses
-Major streets can be crowded

Transportation in Marylebone

Browse by Streets in Marylebone