North Lambeth

Area Guide For North Lambeth


North Lambeth Map

Estimated Price: £589,563
Average Asking Price: £1,257,622
Price change in last one year: £55,343
Average Price Paid: £435,673
Average Rent Rates: £2,343


Property Prices Breakdown in North Lambeth

Average Price for property in North Lambeth is around £589,563 which varies based on type of property you are interested in and ranges from £683,562 for detached house to around £705,411 for semi-detached. Similarly terraced house is around £722,619 and a flat is worth £579,627. Values have been changing and have risen £4,160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,940 in last 6 months, £55,343 in last 1 year, £114,986 in last 2 years, £141,593 in last 3 years, £134,311 in last 4 years and £158,246 in last 5 years.

Currently average asking price of a property in North Lambeth is around £1,257,622 based on approximately 211 properties for sale. Same is the case with rental options based on 1,056 properties up for rent, average asking rent is around £2,343 per month.

Estimated property value in North Lambeth is £589,563. Average asking price is £1,257,622 while average price paid is £532,766 which is up by £55,343 and Avg. asking rent £2,343.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 North Lambeth area. In last 1 year alone average price buyer paid is around £532,766 based on approximately 211 sales in North Lambeth area alone. If you compare it to last 3 years sales of 693 properties where buyers paid around £462,234. 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 £435,673 for 1,061 and average amount paid for purchase of approx. 1,422 properties sold in last 7 years comes to about £417,866 per sale.


Properties For Sale in North Lambeth


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 1 bedroom is around £707,425, £1,376,625 for a 2 bedroom house, £1,508,398 for a 3 bedroom house, £1,252,222 for a 4 bedroom house and £1,399,998 for a 5 bedroom house. For a flat similarly the prices varies from £734,623 for a single bedroom to £1,154,299 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,131,218, £4,883,105 for a 4 bedroom flat and £2,970,000 for a 5 bedroom flat. To sum up the asking prices for properties in North Lambeth it comes to around average £733,898 for 1 bedroom property, £1,166,795 for 2 bedroom, £2,044,232 for 3 bedroom, £3,716,035 for 4 bedroom and £2,381,249 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 £1,609 for 1 bedroom to £2,523 for 2 bedroom, £3,121 for 3 bedroom and £3,600 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,829. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,494, £4,088 for 3 bedroom and £3,475 for 4 bedroom. You should be generally be expecting around average £1,815 rent per month for single bedroom property, £2,496 for 2 bedroom, £3,936 for 3 bedroom and approximately £3,506 for 4 bedroom property in North Lambeth area.

Popular Houses in North Lambeth

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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