Property Market Report – NW11 – June 2021

Name: Wise Rock Property
Price range: $$$

June 2021 – Here are the latest property market statistics for landlords, home sellers, tenants and buyers in Golders Green and Hampstead Garden Suburb in North West London NW11.

MARKET ACTIVITY

Value change in the last 6 months: -2.92.%
Value change in the last 3 months: +1.80%

INVENTORY

How many properties currently for sale

The higher the inventory, the less negotiation power for home sellers. If the demand is low and the inventory is high, stagnant or decreasing selling prices are to be expected.

SELLING TIMES

AVERAGE ASKING PRICES

SALE TRANSACTIONS

The dramatic drop in March 2021 reflects buyers behaviour dating at least 3 months before, since conveyancing lasts in average 3 months.

VALUES AND SOLD PRICES

(3 months ago)

When selling prices exceed current values, this shows a solid demand from buyers.

CURRENT ASKING RENTS

Sources: Zoopla and Home.co.uk

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Do you need to sell or let your home in these fabulous north London neighbourhoods?