Wormwood Scrubs

Area Guide For Wormwood Scrubs

Wormwood Scrubs is an open space located in the North West corner of the London Borough of Hammersmith and Fulham within West London. The eastern part, known as Little Wormwood Scrubs, is cut off by Scrubs Lane and the West London Line railway. It has been an open public space since the Wormwood Scrubs Act of 1879. The southern edge of the Scrubs is the site of two locally important buildings. At the western end is HM Prison Wormwood Scrubs, built between 1875 and 1891 by convict labour. To the east of the prison is the Hammersmith Hospital campus, which includes the relocated Queen Charlotte's and Chelsea Hospital.

 
 

Wormwood Scrubs Map

Estimated Price: £645,930
Average Asking Price: £743,264
Price change in last one year: £72,190
Average Price Paid: £488,579
Average Rent Rates: £1,737

 
 

Property Prices Breakdown in Wormwood Scrubs

Average Price for property in Wormwood Scrubs is around £645,930 which varies based on type of property you are interested in and ranges from £708,186 for detached house to around £730,909 for semi-detached. Similarly terraced house is around £722,626 and a flat is worth £498,669. Values have been changing and have risen £7,388 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,900 in last 6 months, £72,190 in last 1 year, £141,218 in last 2 years, £172,795 in last 3 years, £181,632 in last 4 years and £187,594 in last 5 years.

Currently average asking price of a property in Wormwood Scrubs is around £743,264 based on approximately 88 properties for sale. Same is the case with rental options based on 327 properties up for rent, average asking rent is around £1,737 per month.

Estimated property value in Wormwood Scrubs is £645,930. Average asking price is £743,264 while average price paid is £605,652 which is up by £72,190 and Avg. asking rent £1,737.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 Wormwood Scrubs area. In last 1 year alone average price buyer paid is around £605,652 based on approximately 88 sales in Wormwood Scrubs area alone. If you compare it to last 3 years sales of 313 properties where buyers paid around £520,602. 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 £488,579 for 465 and average amount paid for purchase of approx. 583 properties sold in last 7 years comes to about £467,074 per sale.

 
 

Properties For Sale in Wormwood Scrubs

 
 

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 £450,000, £637,189 for a 2 bedroom house, £810,703 for a 3 bedroom house, £1,428,103 for a 4 bedroom house and £1,515,309 for a 5 bedroom house. For a flat similarly the prices varies from £417,307 for a single bedroom to £541,414 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £671,869, £672,767 for a 4 bedroom flat and £825,000 for a 5 bedroom flat. To sum up the asking prices for properties in Wormwood Scrubs it comes to around average £417,795 for 1 bedroom property, £552,465 for 2 bedroom, £754,228 for 3 bedroom, £1,249,208 for 4 bedroom and £1,474,703 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 £703 for 1 bedroom to £2,172 for 2 bedrooms, £2,558 for 3 bedrooms, £3,316 for 4 bedrooms and £4,019 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,283. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,855, £2,271 for 3 bedroom and £3,033 for 4 bedroom. You should be generally be expecting around average £1,234 rent per month for single bedroom property, £1,903 for 2 bedroom, £2,352 for 3 bedroom, £3,304 for 4 bedroom and approximately £4,019 for a 5 bedroom property in Wormwood Scrubs area.

Popular Houses in Wormwood Scrubs

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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