Wimbledon Park

Area Guide For Wimbledon Park

Wimbledon Park is the name of an urban park in Wimbledon and also of the suburb south and east of the park and Wimbledon Park tube station. The park itself is around 67 acres in area. Property prices within Wimbledon Park values at 28.2% higher than the London average, similarly renting prices are 17.2% above the London rental average.

 
 

Wimbledon Park Map

Estimated Price: £861,474
Average Asking Price: £1,191,707
Price change in last one year: £85,966
Average Price Paid: £619,916
Average Rent Rates: £2,672

 
 

Property Prices Breakdown in Wimbledon Park

Average Price for property in Wimbledon Park is around £861,474 which varies based on type of property you are interested in and ranges from £3,266,428 for detached house to around £1,326,159 for semi-detached. Similarly terraced house is around £870,056 and a flat is worth £477,375. Values have been changing and have risen £1,352 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,880 in last 6 months, £85,966 in last 1 year, £160,113 in last 2 years, £214,832 in last 3 years, £237,921 in last 4 years and £240,012 in last 5 years.

Currently average asking price of a property in Wimbledon Park is around £1,191,707 based on approximately 708 properties for sale. Same is the case with rental options based on 409 properties up for rent, average asking rent is around £2,672 per month.

Estimated property value in Wimbledon Park is £861,474. Average asking price is £1,191,707 while average price paid is £733,136 which is up by £85,966 and Avg. asking rent £2,672.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 Wimbledon Park area. In last 1 year alone average price buyer paid is around £733,136 based on approximately 708 sales in Wimbledon Park area alone. If you compare it to last 3 years sales of 2,302 properties where buyers paid around £647,073. 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 £619,916 for 3,874 and average amount paid for purchase of approx. 5,235 properties sold in last 7 years comes to about £584,200 per sale.

 
 

Properties For Sale in Wimbledon Park

 
 

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 £620,600, £805,455 for a 3 bedroom house, £1,388,744 for a 4 bedroom house and £2,608,676 for a 5 bedroom house. For a flat similarly the prices varies from £311,502 for a single bedroom to £504,765 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £631,306 and £591,000 for a 4 bedroom flat. To sum up the asking prices for properties in Wimbledon Park it comes to around average £311,502 for 1 bedroom property, £516,349 for 2 bedroom, £740,883 for 3 bedroom, £1,291,458 for 4 bedroom and £2,608,676 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 £1,912 for 1 bedroom to £1,830 for 2 bedrooms, £2,673 for 3 bedrooms, £4,773 for 4 bedrooms and £7,150 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,392. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,960, £2,991 for 3 bedroom and £3,872 for 4 bedroom. You should be generally be expecting around average £1,414 rent per month for single bedroom property, £1,944 for 2 bedroom, £2,866 for 3 bedroom, £4,593 for 4 bedroom and approximately £7,150 for a 5 bedroom property in Wimbledon Park area.

Popular Houses in Wimbledon Park

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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