March 27, 2019
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If you’re wondering what the average house prices in west London are like, we’ve got you covered with our guide to the housing market in the area. We’ve surveyed the latest data from Zoopla to give you the lowdown on everything you need to know about property prices in west London, from the most affordable areas to those that are a little more expensive.
There’s no denying that this is one of the pricier areas to buy a property in the UK’s capital. Get an idea of how far your money will stretch with our breakdown of west London house prices by property type (data from Zoopla, Nov 2019):
If you want to buy a property in one of these areas, you should be prepared for a big investment. Kensington, W8, is west London’s most expensive area to buy, with houses averaging £2,671,764. Desirable Notting Hill is another pricey area, with property sales averaging £2,094,992 (although this is actually a 2.05% decrease on the average from 5 years ago).
If you want to live centrally, then the W1 postcode district is a highly sought-after area, with property prices averaging £1,890,461. This area includes the popular areas of Soho, Chinatown and Marylebone, as well as affluent Savile Row and Fitzrovia.
Paddington, W2, is another expensive area to buy a property. With Hyde Park as your back garden, you can see why it’s such a sought-after district, and houses here go for an average of £1,306,895. That figure has decreased slightly over the last 5 years, by 0.69%.
Finally, West Kensington rounds out our list of the most expensive areas in west London. The W14 postcode district is in zone 2, and its residents enjoy a wide array of gastropubs, independent cafes and beautiful boutiques which line the area’s streets.
Although west London has a reputation as being one of the most expensive areas of the city, there are some more affordable properties on the market, if you know the right areas to look in!
Hanwell is one of the best options for a cheaper house in west London. The W7 postcode district has some excellent schools, making it a popular option for families, and there’s a blossoming cafe culture scene in the area which gives it a nice village-like feel, although it’s still close enough to central London for commuters. Properties here average £529,475.
Acton is another area to consider if you’re looking for a cheaper place to live in west London. There are six state-funded primary schools in Acton, and three state secondary schools as well as the fee-paying Barbara Speake Stage School, which is one of the world’s oldest stage schools, and the King Fahad Academy which provides an Islamic-based education for children. Acton is popular with families, and houses average £583,740.
West Ealing, W13, is another option, as properties here go for an average of £669,349. There are a lot of flats on offer in this area, which have been converted from Victorian townhouses. Ealing, W5, is also a good area to look for a more affordable property, as houses here average £706,648.
Shepherds Bush is our final option for cheaper areas to buy in west London. It’s a great part of the city if you enjoy being near shops, as it’s home to Westfield shopping centre and West 12, as well as a range of independent shops. House prices in W12 average £734,895.
If you’re looking to make an investment, think about buying a house in one of these parts of west London. Prices in these areas have increased over the last 5 years, and they’re set to become more popular.
In Ealing, W5, prices have increased by 11.13% over the last five years, bringing them to a current average of £704,648. Chiswick is another area which has seen a boom in housing demand over the last few years. Prices in W4 average £970,271, which is a 10.20% increase on prices from 5 years ago.
Alternatively, look to buy in West Ealing, where prices have increased by 7.14% to £669,349; or check out Hammersmith. There, prices average £893,877 which is a 6.90% increase.
Buy anywhere in west London and it’s likely you’ll pay more than average for your house. However, the type of house and the number of bedrooms you can get for your money does vary dramatically depending on where in west London you decide to buy a home. For example, you could expect to pay upwards of £3,000,000 for a 3 bedroom end terrace house in Kensington, one of west London’s most expensive areas. On the other hand, a 3 bedroom end terrace in Hanwell would cost around £478,000.
West London is home to some of the city’s most exclusive postcodes and as a result, prices can be high in this area. However, it’s also possible to get a bargain in some of the region’s up-and-coming areas, so it’s just a case of knowing where to look if you want to buy a more affordable property.
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March 27, 2019
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