Herne Hill

Area Guide For Herne Hill

Herne Hill is a district in South London. With quiet residential streets, some of London’s best parks and a growing selection of upmarket bars, boutiques and galleries. It is a suburb full of first-time buyers, young professional couples and fledgling families. It is also less multicultural than it was, more middle-class, more affluent. Victorian and Edwardian houses have been chopped into surprisingly spacious flats. There are still bargains, especially if you like the idea of putting your own mark on a property.


Herne Hill Map

Estimated Price: £781,216
Average Asking Price: £668,399
Price change in last one year: £88,941
Average Price Paid: £535,430
Average Rent Rates: £2,004


Property Prices Breakdown in Herne Hill

Average Price for property in Herne Hill is around £781,216 which varies based on type of property you are interested in and ranges from £1,441,483 for detached house to around £1,266,753 for semi-detached. Similarly terraced house is around £900,291 and a flat is worth £451,687. Values have been changing and have risen £7,652 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,998 in last 6 months, £88,941 in last 1 year, £168,550 in last 2 years, £195,506 in last 3 years, £201,626 in last 4 years and £222,119 in last 5 years.

Currently average asking price of a property in Herne Hill is around £668,399 based on approximately 207 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £2,004 per month.

Estimated property value in Herne Hill is £781,216. Average asking price is £668,399 while average price paid is £675,329 which is up by £88,941 and Avg. asking rent £2,004.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 Herne Hill area. In last 1 year alone average price buyer paid is around £675,329 based on approximately 207 sales in Herne Hill area alone. If you compare it to last 3 years sales of 691 properties where buyers paid around £580,841. 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 £535,430 for 1,192 and average amount paid for purchase of approx. 1,553 properties sold in last 7 years comes to about £497,230 per sale.


Properties For Sale in Herne Hill


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 £588,400, £813,926 for a 3 bedroom house, £1,093,333 for a 4 bedroom house and £1,343,328 for a 5 bedroom house. For a flat similarly the prices varies from £339,678 for a single bedroom to £488,135 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £577,980 and £649,975 for a 4 bedroom flat. To sum up the asking prices for properties in Herne Hill it comes to around average £339,678 for 1 bedroom property, £501,328 for 2 bedroom, £726,539 for 3 bedroom, £982,494 for 4 bedroom and £1,343,328 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 £833 for 1 bedroom to £1,993 for 2 bedrooms, £2,342 for 3 bedrooms, £3,337 for 4 bedrooms and £4,216 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,214. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,629 and £1,968 for 3 bedroom. You should be generally be expecting around average £1,132 rent per month for single bedroom property, £1,646 for 2 bedroom, £2,104 for 3 bedroom, £3,337 for 4 bedroom and approximately £4,216 for a 5 bedroom property in Herne Hill area.

Popular Houses in Herne Hill

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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