HAMPSTEAD SALES MARKET INSIGHT 2017 - Knight Frank · HAMPSTEAD LETTINGS MARKET INSIGHT 2017...
Transcript of HAMPSTEAD SALES MARKET INSIGHT 2017 - Knight Frank · HAMPSTEAD LETTINGS MARKET INSIGHT 2017...
Contains OS data © Crown Copyright and database right 2017
Ingram Avenue
Highgate
Hampstead Heath
Frognal
Redi
ngto
n
RoadFerncroft
Avenue
Wilm
ingt
on R
oad
The
Bish
op's
Ave
nue
Carlingford Road
N6 4
N6 6
NW3 2
NW3 1
NW3 5
NW3 7
N6 4
N6 6
NW3 2
NW3 1
NW3 5
NW3 7
NW6 3NW6 3
NW3 6NW3 6
HAMPSTEAD SALES MARKET INSIGHT 2017 FIGURE 1 Property prices in Hampstead and surrounding area Achieved prices, 12 months to February 2017
Source: Knight Frank Research / Land Registry
Source: Knight Frank Research / Land Registry
Source: Knight Frank Research / Land Registry
n Sub £500,000
n £500,000 to £1,000,000
n £1,000,000 to £1,500,000
n £1,500,000 - £3,000,000
n £3,000,000-plus
FIGURE 3 Transaction volumes and pricing data
0
50
100
150
200
250
300
350
Q1-
2014
Q2-
2014
Q3-
2014
Q4-
2014
Q1-
2015
Q2-
2015
Q3-
2015
Q4-
2015
Q1-
2016
Q2-
2016
Q3-
2016
Q4-
2016
Q1-
2017
£21.
8m
£10.
6m
£13.
8m
£18m
£13.
5m
£11.
8m
£10.
8m
£15.
2m
£12.
1m
£6.1
m
£9.3
m
£12.
5m
£11.
8m
£800,000
£1,000,000
£1,200,000
Total Transactions Total Transactions (incomplete) Average Maximum
£1,750,000
£1,500,000
£1,250,000
£1,000,000
£750,000
£500,000
N6 4 N6 6 NW3 1 NW3 2 NW3 5 NW3 6 NW3 7 NW6 3
Ave
rage
sol
d p
rice
Year to January 2016Year to January 201740Key: Number of sales 140
FIGURE 2 Average sold price and sales volumes by area
Variations in average sold prices between time periods do not necessarily indicate price growth
0
500
1000
1500
2000
Q1-
2014
Q2-
2014
Q3-
2014
Q4-
2014
Q1-
2015
Q2-
2015
Q3-
2015
Q4-
2015
Q1-
2016
Q2-
2016
Q3-
2016
Q4-
2016
Q1-
2017
£10,000
£18,950
£25,000
£15,000
£25,000
£15,000£20,000
£25,000
£25,000 £25,000 £25,000£22,000
£25,000
£400
£500
£600
£700
Contains OS data © Crown Copyright and database right 2017
Ingram Avenue
Hampstead Heath
Redi
ngto
n
RoadFerncroft
Avenue
Wilm
ingt
on R
oad
The
Bish
op's
Ave
nue
Carlingford Road
Frognal
N6 4
N6 6
NW3 2
NW3 1
NW3 5
NW3 7
N6 4
N6 6
NW3 2
NW3 1
NW3 5
NW3 7
NW6 3NW6 3
NW3 6NW3 6
Important Notice © Knight Frank LLP 2017 - This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank LLP to the form and content within which it appears. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names.
HAMPSTEAD LETTINGS MARKET INSIGHT 2017
RESIDENTIAL RESEARCH
Source: Knight Frank Research / TwentyCi
FIGURE 4 Rental values in Hampstead and surrounding area Average weekly asking rents, 12 months to May 2017 LONDON RESIDENTIAL
Sarah James Hampstead Office Head +44 20 7317 7956
Katharine Reynolds Hampstead Lettings Manager +44 207 317 7959
RESIDENTIAL RESEARCH
Tom Bill Head of London Residential Research +44 20 7861 1492 [email protected]
PRESS OFFICE
Harry Turner +44 20 3861 6974 [email protected]
FIGURE 6 Lettings volumes and asking rent data (postcode areas shown on map above)
n Sub £400 n £400 - £700 n £700 - £1,000 n £1,000 - £1,500 n £1,500+
FIGURE 5 Rental market analysis by property type (postcode areas shown on map above)
Source: Knight Frank Research / TwentyCi
Source: Knight Frank Research / TwentyCi
Average weekly asking rents, year to May 2017
Lettings market breakdown by property type
Type Beds Average weekly rent
Flat 0 £294
Flat 1 £380
Flat 2 £587
Flat 3 £942
Type Beds Average weekly rent
House 2 £693
House 3 £1,169
House 4 £1,723
House 5 £2,745
7.4% 15.2% 23.8% 16.5%
1.5%2.6%2.4%1.2%
Total Listings Average weekly
asking rent Maximum
weekly asking rent