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HomeHome BuyerYOUR PROPERTY MARKET REPORT NW6 (JUNE 2019)

Jun 05

YOUR PROPERTY MARKET REPORT NW6 (JUNE 2019)

Do you want to sell, let or buy in London NW6? Understanding the current local market’s conditions, challenges and opportunities is paramount! Here is a review of the current local property market for June 2019:

MARKET ACTIVITY

Value change in the last 6 months: -3.74%
Value change in the last 3 months: +0.67%

INVENTORY

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.

SELLING TIMES

Selling time for a 2 bedroom property in January was 138 days (Mean) and (Median) 97 days.

MEDIAN ASKING PRICES

SALE TRANSACTIONS

July and November 2018 were the busiest months for buying activity.
Will it be the same this year?

MEDIAN SELLING PRICES

VALUES AND SOLD PRICES

(3 months ago)

2.1 bedrooms properties seem to sell for the same average paid price as in August 2018.
However, their price per sq. ft has dropped from £880.

CURRENT ASKING RENTS

Sources: Zoopla and Home.co.uk

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

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