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Brentford Property Prices and Values: May 2018

 
 
 
 
  15 May 2018

May is often a busy time of year in the property market. Spring is the season where most people engage with the market but with challenging weather conditions in early 2018, the market has been slower to start this year. However, with summer looming, and with 2018 being a World Cup year, many people are keen to move now. If you plan on moving, or you like staying informed, make sure you know the latest Brentford property prices and values for May 2018.

In figures provided by Zoopla, the current average value of property in Brentford stands at £543,487. This value is a decrease of £16,898 on the previous year’s figures, which represents a fall of 3.02%. As for the average price paid for property in Brentford in the past 12 months, Zoopla lists this as £511,046.

Be informed about Brentford property values and prices

By point of comparison, Zoopla states the following figures for London:

  • Average value of property is £693,143
  • Increase of average property value over past 12 months is £16,212
  • Percentage increase of average property value over past 12 months is 2.40%
  • Average price paid for property in past 12 months is £639,629

While average prices paid is informative and useful if you are carrying out an initial search on your property, if you are looking for a specific home, you need more detailed information. There are major differences between a flat and a semi-detached or detached property, and it is unlikely that the same buyer will have an interest in all three of these people. If you are considering property in Brentford, be sure to focus on average price paid for property type.

According to Zoopla, the average price paid for flats in Brentford, in the past 12 months stands at £446,257 while for terraced properties, the average price paid in the past 12 months is £628,837. If you are interested in semi-detached properties, the average price paid for property in the past 12 months is £636,280.

Looking for Brentford asking prices?

Another thing that buyers and sellers hold an interest in asking prices. There has been a lot of media speculation regarding the growing gap between asking prices and sold prices, so it is vital to be fully informed and up to date. The current asking prices for property types in Brentford can be seen below:

  • Current asking price for property in Brentford: £582,022
  • Current asking price for one-bedroom property in Brentford: £350,819
  • Current asking price for two-bedroom property in Brentford: £543,100
  • Current asking price for three-bedroom property in Brentford: £792,015
  • Current asking price for four-bedroom property in Brentford: £745,489
  • Current asking price for five-bedroom property in Brentford: £1,080,555

Whether you are thinking about making a move in or around Brentford this May or in the near future, it is helpful to be fully informed about the local property prices, values and demand. If you want any more guidance or assistance in the local property market, contact Jezzards, in confidence on 03330 433 633, and we will be more than happy to assist you.

 

 


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