Piccadilly Circus

Area Guide For Piccadilly Circus

Piccadilly Circus is a road junction and public space of London's West End in the City of Westminster, built in 1819 to connect Regent Street with Piccadilly. The Circus is close to major shopping and entertainment areas in the West End. Its status as a major traffic junction has made Piccadilly Circus a busy meeting place and a tourist attraction in its own right. The Circus is particularly known for its video display and neon signs mounted on the corner building on the northern side, as well as the Shaftesbury memorial fountain and statue of Eros.


Piccadilly Circus Map

Estimated Price: £2,229,954
Average Asking Price: £3,578,142
Price change in last one year: £121,826
Average Price Paid: £1,716,810
Average Rent Rates: £9,491


Property Prices Breakdown in Piccadilly Circus

Average Price for property in Piccadilly Circus is around £2,229,954 which varies based on type of property you are interested in and ranges from £2,840,591 for detached house to around £4,778,872 for semi-detached. Similarly terraced house is around £4,626,337 and a flat is worth £1,871,515. Values have been changing and have risen £6,877 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,180 in last 6 months, £121,826 in last 1 year, £388,673 in last 2 years, £575,181 in last 3 years, £614,429 in last 4 years and £655,349 in last 5 years.

Currently average asking price of a property in Piccadilly Circus is around £3,578,142 based on approximately 18 properties for sale. Same is the case with rental options based on 336 properties up for rent, average asking rent is around £9,491 per month.

Estimated property value in Piccadilly Circus is £2,229,954. Average asking price is £3,578,142 while average price paid is £1,974,333 which is up by £121,826 and Avg. asking rent £9,491.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 Piccadilly Circus area. In last 1 year alone average price buyer paid is around £1,974,333 based on approximately 18 sales in Piccadilly Circus area alone. If you compare it to last 3 years sales of 70 properties where buyers paid around £1,892,353. 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 £1,716,810 for 134 and average amount paid for purchase of approx. 194 properties sold in last 7 years comes to about £1,483,324 per sale.


Properties For Sale in Piccadilly Circus


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 £1,276,875, £2,616,667 for a 2 bedroom house, £19,125,000 for a 4 bedroom house and £14,000,000 for a 5 bedroom house. For a flat similarly the prices varies from £1,174,372 for a single bedroom to £2,089,947 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £5,281,579. To sum up the asking prices for properties in Piccadilly Circus it comes to around average £1,192,199 for 1 bedroom property, £2,161,773 for 2 bedroom, £5,281,579 for 3 bedroom, £19,125,000 for 4 bedroom and £14,000,000 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 £7,738 for 1 bedroom to £12,768 for 2 bedroom, £26,975 for 3 bedroom and £19,861 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £4,570. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £8,721, £12,589 for 3 bedroom, £13,000 for 4 bedroom and around £195,000 for 5 bedroom flat. You should be generally be expecting around average £5,037 rent per month for single bedroom property, £9,128 for 2 bedroom, £14,187 for 3 bedroom, £13,000 for 4 bedroom and approximately £63,646 for a 5 bedroom property in Piccadilly Circus area.

Popular Houses in Piccadilly Circus

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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