Turn-key refurbished two-bedroom flat located close to Queen’s Park station, benefitting from the demise of large roof terrace.
Queen’s Park area is one of London’s most promising property hotspots for 2020.
Whether you are considering selling, buying or renting out your property, understanding the current local market’s conditions, challenges and opportunities is paramount! Here is a review of the current local property market for January 2020. Where data was not available for Queen’s Park specifically, we have used W9 data which includes Maida Vale, a more expensive area.
MARKET ACTIVITY FOR FLATS IN QUEEN’S PARK
Value change in the last 6 months: +6.36%
Value change in the last 3 months: +0.42%
Overall, stock has decreased which is good news for vendors and less good news for buyers.
Less stock means less properties to compete with for vendors and less choice for buyers.
Please note that W9 data includes Maida Vale.
W9 SELLING TIMES
Please remember that W9 includes Maida Vale, known for its lengthy selling times and may not represent accurately Queen’s Park’s average selling times.
QUEEN’S PARK ASKING PRICES
W9 SALE TRANSACTIONS
Despite lengthy selling times, the level of buying activity has been stable for the last 6 months ending in October 2019, which records one of the busiest month of the year 2019.
VALUES AND SOLD PRICES IN QUEEN’S PARK
(3 months ago)
Please note where selling prices exceed current values, this shows a solid demand from buyers.
CURRENT ASKING RENTS IN QUEEN’S PARK
Sources: Zoopla and Home.co.uk
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