Area Guide For Stanmore

Stanmore is a suburban residential district of Northwest London in the London Borough of Harrow. It is characterised by numerous small restaurants and cafes. Stanmore's extensive residential areas are leafy and predominantly affluent, with many residents commuting daily to jobs in central London including the City.


Stanmore Map

Estimated Price: £623,891
Average Asking Price: £967,075
Price change in last one year: £67,554
Average Price Paid: £457,910
Average Rent Rates: £1,934


Property Prices Breakdown in Stanmore

Average Price for property in Stanmore is around £623,891 which varies based on type of property you are interested in and ranges from £1,184,629 for detached house to around £516,803 for semi-detached. Similarly terraced house is around £511,072 and a flat is worth £426,843. Values have been changing and have risen £2,143 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,110 in last 6 months, £67,554 in last 1 year, £115,014 in last 2 years, £124,438 in last 3 years, £112,127 in last 4 years and £137,489 in last 5 years.

Currently average asking price of a property in Stanmore is around £967,075 based on approximately 404 properties for sale. Same is the case with rental options based on 113 properties up for rent, average asking rent is around £1,934 per month.

Estimated property value in Stanmore is £623,891. Average asking price is £967,075 while average price paid is £598,769 which is up by £67,554 and Avg. asking rent £1,934.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 Stanmore area. In last 1 year alone average price buyer paid is around £598,769 based on approximately 404 sales in Stanmore area alone. If you compare it to last 3 years sales of 1,213 properties where buyers paid around £500,697. 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 £457,910 for 1,956 and average amount paid for purchase of approx. 2,514 properties sold in last 7 years comes to about £444,160 per sale.


Properties For Sale in Stanmore


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 £476,658, £693,736 for a 3 bedroom house, £905,224 for a 4 bedroom house and £1,603,898 for a 5 bedroom house. For a flat similarly the prices varies from £249,369 for a single bedroom to £510,840 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £762,819, £1,750,000 for a 4 bedroom flat and £2,350,000 for a 5 bedroom flat. To sum up the asking prices for properties in Stanmore it comes to around average £249,369 for 1 bedroom property, £506,738 for 2 bedroom, £714,107 for 3 bedroom, £926,344 for 4 bedroom and £1,638,601 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 £607 for 1 bedroom to £1,476 for 2 bedrooms, £1,679 for 3 bedrooms, £2,462 for 4 bedrooms and £3,324 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,008. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,749, £1,665 for 3 bedroom, £1,699 for 4 bedroom and around £4,000 for 5 bedroom flat. You should be generally be expecting around average £890 rent per month for single bedroom property, £1,725 for 2 bedroom, £1,671 for 3 bedroom, £2,418 for 4 bedroom and approximately £3,355 for a 5 bedroom property in Stanmore area.

Popular Houses in Stanmore

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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