West Wimbledon

Area Guide For West Wimbledon

West Wimbledon the favoured village area features large, detached homes in spacious grounds in the roads off Parkside, with easy access to the wild acres of Wimbledon Common. These houses commonly sell for millions of pounds, and it is where developers have been knocking down homes to build bigger ones. The village also has pretty Victorian cottages: a two-up, two-down sells for around £500,000.

 
 

West Wimbledon Map

Estimated Price: £989,310
Average Asking Price: £1,011,807
Price change in last one year: £103,575
Average Price Paid: £677,730
Average Rent Rates: £2,491

 
 

Property Prices Breakdown in West Wimbledon

Average Price for property in West Wimbledon is around £989,310 which varies based on type of property you are interested in and ranges from £2,239,201 for detached house to around £958,224 for semi-detached. Similarly terraced house is around £805,008 and a flat is worth £405,867. Values have been changing and have risen £1,225 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,360 in last 6 months, £103,575 in last 1 year, £193,659 in last 2 years, £257,675 in last 3 years, £285,804 in last 4 years and £296,059 in last 5 years.

Currently average asking price of a property in West Wimbledon is around £1,011,807 based on approximately 117 properties for sale. Same is the case with rental options based on 187 properties up for rent, average asking rent is around £2,491 per month.

Estimated property value in West Wimbledon is £989,310. Average asking price is £1,011,807 while average price paid is £723,697 which is up by £103,575 and Avg. asking rent £2,491.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 West Wimbledon area. In last 1 year alone average price buyer paid is around £723,697 based on approximately 117 sales in West Wimbledon area alone. If you compare it to last 3 years sales of 408 properties where buyers paid around £724,235. 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 £677,730 for 673 and average amount paid for purchase of approx. 856 properties sold in last 7 years comes to about £646,524 per sale.

 
 

Properties For Sale in West 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 £360,000, £578,300 for a 2 bedroom house, £680,174 for a 3 bedroom house, £1,461,889 for a 4 bedroom house and £1,932,498 for a 5 bedroom house. For a flat similarly the prices varies from £333,384 for a single bedroom to £488,257 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £582,707 and £899,000 for a 4 bedroom flat. To sum up the asking prices for properties in West Wimbledon it comes to around average £334,541 for 1 bedroom property, £499,752 for 2 bedroom, £671,314 for 3 bedroom, £1,447,076 for 4 bedroom and £1,932,498 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 £1,326 for 1 bedroom to £1,668 for 2 bedrooms, £2,878 for 3 bedrooms, £3,880 for 4 bedrooms and £3,980 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,318. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,881 and £1,953 for 3 bedroom. You should be generally be expecting around average £1,318 rent per month for single bedroom property, £1,843 for 2 bedroom, £2,743 for 3 bedroom, £3,880 for 4 bedroom and approximately £3,980 for a 5 bedroom property in West Wimbledon area.

Popular Houses in West 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.

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