Area Guide For Strand

Strand is a major thoroughfare in the City of Westminster in Central London. Streatham Park is an area of suburban South West London. The exciting new development in South London offering modern one and two bedroom apartments and world-class leisure facilities. The area is a known hub in the capital. Rich in culture and history, it is filled with exciting places to eat and lots of opportunities to get involved in sport and exercise. Surrounded by vibrant and beautiful areas, three National Rail stations also make access to the City quick and easy.


Strand Map

Estimated Price: £1,815,315
Average Asking Price: £2,807,266
Price change in last one year: £215,833
Average Price Paid: £1,471,290
Average Rent Rates: £7,946


Property Prices Breakdown in Strand

Values have been changing and have risen £9,471 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,811 in last 6 months, £215,833 in last 1 year, £356,578 in last 2 years, £493,767 in last 3 years, £556,253 in last 4 years and £555,285 in last 5 years.

Currently average asking price of a property in Strand is around £2,807,266 based on approximately 19 properties for sale. Same is the case with rental options based on 179 properties up for rent, average asking rent is around £7,946 per month.

Estimated property value in Strand is £1,815,315. Average asking price is £2,807,266 while average price paid is £2,472,637 which is up by £215,833 and Avg. asking rent £7,946.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 Strand area. In last 1 year alone average price buyer paid is around £2,472,637 based on approximately 19 sales in Strand area alone. If you compare it to last 3 years sales of 103 properties where buyers paid around £1,705,336. 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 £1,471,290 for 154 and average amount paid for purchase of approx. 191 properties sold in last 7 years comes to about £1,352,020 per sale.


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 £2,064,929 and £12,050,000 for a 5 bedroom house. For a flat similarly the prices varies from £1,234,750 for a single bedroom to £2,435,764 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,834,265 and £10,437,500 for a 4 bedroom flat. To sum up the asking prices for properties in Strand it comes to around average £1,234,750 for 1 bedroom property, £2,375,395 for 2 bedroom, £3,834,265 for 3 bedroom, £10,437,500 for 4 bedroom and £12,050,000 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 £21,134 for 1 bedroom to £7,096 for 2 bedrooms, £10,833 for 3 bedrooms, £15,167 for 4 bedrooms and £19,067 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £3,954. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £5,681, £11,346 for 3 bedroom, £23,833 for 4 bedroom and around £16,033 for 5 bedroom flat. You should be generally be expecting around average £5,707 rent per month for single bedroom property, £5,830 for 2 bedroom, £11,266 for 3 bedroom, £22,870 for 4 bedroom and approximately £17,550 for a 5 bedroom property in Strand area.

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.

Transportation in Strand

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