Area Guide For Walworth

Walworth is a central district in the London Borough of Southwark. Walworth is also home to the Pullens buildings; these are a mixture of Victorian live and workspaces and yards. Many of the flats are 1 bedroom, and some of the flats still connect to the Workshops of any of the three yards (Illife Yard, Peacock Yard and one other). They all share communal roof terraces with extensive views over to the West End. Famously known as the birthplace of Charlie Chaplin and Michael Caine.


Walworth Map

Estimated Price: £386,104
Average Asking Price: £428,625
Price change in last one year: £40,312
Average Price Paid: £280,102
Average Rent Rates: £1,564


Property Prices Breakdown in Walworth

Average Price for property in Walworth is around £386,104 which varies based on type of property you are interested in and ranges from £612,736 for detached house to around £462,962 for semi-detached. Similarly terraced house is around £541,274 and a flat is worth £317,648. Values have been changing and have risen £4,404 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,895 in last 6 months, £40,312 in last 1 year, £82,862 in last 2 years, £92,779 in last 3 years, £94,632 in last 4 years and £108,919 in last 5 years.

Currently average asking price of a property in Walworth is around £428,625 based on approximately 53 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,564 per month.

Estimated property value in Walworth is £386,104. Average asking price is £428,625 while average price paid is £298,970 which is up by £40,312 and Avg. asking rent £1,564.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 Walworth area. In last 1 year alone average price buyer paid is around £298,970 based on approximately 53 sales in Walworth area alone. If you compare it to last 3 years sales of 242 properties where buyers paid around £286,492. 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 £280,102 for 302 and average amount paid for purchase of approx. 341 properties sold in last 7 years comes to about £272,676 per sale.


Properties For Sale in Walworth


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 3 bedroom is around £637,500, £657,500 for a 4 bedroom house and £1,650,000 for a 5 bedroom house. For a flat similarly the prices varies from £251,238 for a single bedroom to £297,129 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £350,817. To sum up the asking prices for properties in Walworth it comes to around average £251,238 for 1 bedroom property, £297,129 for 2 bedroom, £422,488 for 3 bedroom, £657,500 for 4 bedroom and £1,650,000 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 £1,196 for 1 bedroom to £1,668 for 2 bedroom and £3,467 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,259. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,636, £1,993 for 3 bedroom and £2,188 for 4 bedroom. You should be generally be expecting around average £1,253 rent per month for single bedroom property, £1,640 for 2 bedroom, £1,993 for 3 bedroom, £2,188 for 4 bedroom and approximately £3,467 for a 5 bedroom property in Walworth area.

Popular Houses in Walworth

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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