Willesden Green

Area Guide For Willesden Green

Willesden is an area in North West London which forms part of the London Borough of Brent. It is situated 5 miles (8 km) north west of Charing Cross. The area has strong links to Ireland and has a sizable Irish population, as well as a large Afro-Caribbean community. The name derives from the Anglo-Saxon Willesdune, meaning The Hill of the Spring, and a settlement bearing this name dates back to 939 AD. The Domesday Book of 1086 records it as Wellesdone. However, on 19th century maps of the town such as those from the 'Ordnance Survey First Series', the town is shown as Wilsdon. . The town's motto is Laborare est orare ("to labour is to pray"). From the 14th to 16th centuries, the town was a place of pilgrimage due to the presence of two ancient statues of the Virgin Mary at the Church of St Mary. One of these statues is thought to be a Black Madonna, which was insulted by the Lollards, taken to Thomas Cromwell's house and burnt in 1538 on a large bonfire of "notable images" including those of Walsingham, Worcester and Ipswich. There was also a "holy well" which was thought to possess miraculous qualities, particularly for blindness and other eye disorders. The parish of Willesden
 
 

Willesden Green Map

Estimated Price: £672,350
Average Asking Price: £774,237
Price change in last one year: £74,796
Average Price Paid: £510,246
Average Rent Rates: £1,864

 
 

Property Prices Breakdown in Willesden Green

Average Price for property in Willesden Green is around £672,350 which varies based on type of property you are interested in and ranges from £1,763,568 for detached house to around £1,183,511 for semi-detached. Similarly terraced house is around £719,635 and a flat is worth £478,121. Values have been changing and have risen £13,994 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £37,205 in last 6 months, £74,796 in last 1 year, £127,515 in last 2 years, £176,478 in last 3 years, £170,016 in last 4 years and £192,980 in last 5 years.

Currently average asking price of a property in Willesden Green is around £774,237 based on approximately 253 properties for sale. Same is the case with rental options based on 330 properties up for rent, average asking rent is around £1,864 per month.

Estimated property value in Willesden Green is £672,350. Average asking price is £774,237 while average price paid is £615,907 which is up by £74,796 and Avg. asking rent £1,864.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 Willesden Green area. In last 1 year alone average price buyer paid is around £615,907 based on approximately 253 sales in Willesden Green area alone. If you compare it to last 3 years sales of 780 properties where buyers paid around £544,876. 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 £510,246 for 1,244 and average amount paid for purchase of approx. 1,557 properties sold in last 7 years comes to about £484,895 per sale.

 
 

Properties For Sale in Willesden Green

 
 

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 £475,000, £770,000 for a 3 bedroom house, £1,188,863 for a 4 bedroom house and £1,654,444 for a 5 bedroom house. For a flat similarly the prices varies from £374,192 for a single bedroom to £479,084 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £631,279, £610,825 for a 4 bedroom flat and £1,395,000 for a 5 bedroom flat. To sum up the asking prices for properties in Willesden Green it comes to around average £374,192 for 1 bedroom property, £478,972 for 2 bedroom, £639,686 for 3 bedroom, £1,083,765 for 4 bedroom and £1,628,500 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 £1,140 for 1 bedroom to £1,673 for 2 bedrooms, £2,765 for 3 bedrooms, £4,875 for 4 bedrooms and £5,305 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,332. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,781, £2,339 for 3 bedroom, £3,015 for 4 bedroom and around £5,691 for 5 bedroom flat. You should be generally be expecting around average £1,323 rent per month for single bedroom property, £1,777 for 2 bedroom, £2,422 for 3 bedroom, £4,100 for 4 bedroom and approximately £5,421 for a 5 bedroom property in Willesden Green area.

Popular Houses in Willesden Green

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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