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HomeHome BuyerPROPERTY MARKET REPORT – NW3 – APRIL 2021

Apr 11

PROPERTY MARKET REPORT – NW3 – APRIL 2021

Here is our local property market report for landlords and home owners in Hampstead, Belsize Park and Swiss Cottage in North West London NW3. Vendors are returning to the market. Will buyers follow? Certainly!

MARKET ACTIVITY

Value change in the last 6 months: -1.07.%
Value change in the last 3 months: -0.85%

INVENTORY

How many properties currently for sale

The higher the inventory, the less negotiation power for home sellers. If the demand is low and the inventory is high, stagnant or decreasing selling prices are to be expected.

SELLING TIMES

AVERAGE ASKING PRICES

SALE TRANSACTIONS

The dramatic drop in January 2021 reflects buyers behaviour dating at least 3 months before, since conveyancing lasts in average 3 months.

VALUES AND SOLD PRICES

(3 months ago)

When selling prices exceed current values, this shows a solid demand from buyers.

CURRENT ASKING RENTS


Sources:
Zoopla and Home.co.uk

To receive your free personalised local market report, simply email [email protected] and specify which London postcode you are interested in.

Do you need to sell or let your home and want to know how much it is worth in today’s market?
  • Hampstead
  • Belsize Park
  • West Hampstead
  • Hampstead Garden Suburb
  • Finchley
  • East Finchley
  • Highgate

Please call us today for a free market appraisal:

Hampstead Garden mock tudor style house

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