Elephant and Castle

Area Guide For Elephant and Castle

Elephant and Castle is a major road junction in Central London, within the London Borough of Southwark. On both Bakerloo and Northern underground lines: West End and the City, 10-15 minutes. Loads of trains to Blackfriars (four minutes) and St Pancras (sixteen minutes). With Elephant and Castle has some grand Victorian terraces, old artisan workshops and luxury new build flats.


Elephant and Castle Map

Estimated Price: £433,528
Average Asking Price: £550,329
Price change in last one year: £40,505
Average Price Paid: £311,607
Average Rent Rates: £1,813


Property Prices Breakdown in Elephant and Castle

Average Price for property in Elephant and Castle is around £433,528 which varies based on type of property you are interested in and ranges from £647,840 for detached house to around £553,904 for semi-detached. Similarly terraced house is around £682,556 and a flat is worth £366,940. Values have been changing and have risen £3,046 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,204 in last 6 months, £40,505 in last 1 year, £84,156 in last 2 years, £103,628 in last 3 years, £98,299 in last 4 years and £115,818 in last 5 years.

Currently average asking price of a property in Elephant and Castle is around £550,329 based on approximately 268 properties for sale. Same is the case with rental options based on 192 properties up for rent, average asking rent is around £1,813 per month.

Estimated property value in Elephant and Castle is £433,528. Average asking price is £550,329 while average price paid is £368,577 which is up by £40,505 and Avg. asking rent £1,813.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 Elephant and Castle area. In last 1 year alone average price buyer paid is around £368,577 based on approximately 268 sales in Elephant and Castle area alone. If you compare it to last 3 years sales of 829 properties where buyers paid around £322,203. 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 £311,607 for 1,328 and average amount paid for purchase of approx. 1,679 properties sold in last 7 years comes to about £299,007 per sale.


Properties For Sale in Elephant and Castle


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 £595,000, £640,824 for a 3 bedroom house, £728,749 for a 4 bedroom house and £1,083,333 for a 5 bedroom house. For a flat similarly the prices varies from £418,126 for a single bedroom to £563,353 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £879,987 and £1,021,250 for a 4 bedroom flat. To sum up the asking prices for properties in Elephant and Castle it comes to around average £418,126 for 1 bedroom property, £563,593 for 2 bedroom, £822,588 for 3 bedroom, £874,999 for 4 bedroom and £1,083,333 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 £1,291 for 1 bedroom to £1,708 for 2 bedrooms, £2,350 for 3 bedrooms, £2,803 for 4 bedrooms and £3,467 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,478. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,791, £2,678 for 3 bedroom and £2,897 for 4 bedroom. You should be generally be expecting around average £1,474 rent per month for single bedroom property, £1,785 for 2 bedroom, £2,601 for 3 bedroom, £2,858 for 4 bedroom and approximately £3,467 for a 5 bedroom property in Elephant and Castle area.

Popular Houses in Elephant and Castle

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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