What's the biggest street in West Hampstead?

What's the biggest street in West Hampstead?

Original Source: ML Estates

Well my recent articles about West Hampstead’s most moved street in the last 3 years and the Monopoly board article (the one where I listed the most valuable streets) caused quite a lot of interest locally, so I decided to see what else I could find out about the NW6 postcode area, and I have been able find out the biggest streets in the West Hampstead (NW6) postcode area.

Don’t worry, I will get back to some hard-hitting articles about the lack of new homes being built in West Hampstead, the trials and tribulations of being a West Hampstead buy-to-let landlord and the future of the West Hampstead property market .. yet in this article because of the previous positive comments, I wanted to give you what you, the West Hampstead homeowners and West Hampstead landlords asked about and wanted!

The biggest street in NW6, when it comes to the number of houses on it is West End Lane, with 1,242 homes. In second place is Kilburn High Road with 874 homes and in third is Willesden Lane with 851 homes.

Yet, size isn’t everything and the most valuable street of the top 20 biggest streets is Goldhurst Terrace at £696.5m with an average value of £948,000 per property.

The street with the greatest number of movers in the last 3 years is Kilburn Park Road, with the highest saleability rate of 20.9%.

The full breakdown can be found in this chart below.

Street/Road Number of Properties on the Street(s) Total Value of Properties on the Street(s) Average Value of Properties on the Street(s) Number of Properties Sold on that street(s) in last 36 months Saleability/Turn-over Rate in the last 3 years (# Houses divided by sales)
West End Lane 1242 £682,800,000 £550,000 62 5.0%
Kilburn High Road 874 £261,655,000 £299,000 14 1.6%
Willesden Lane 851 £364,516,000 £428,000 42 4.9%
Belsize Road 764 £402,680,000 £527,000 28 3.7%
Goldhurst Terrace 735 £696,507,000 £948,000 26 3.5%
Greencroft Gardens 692 £552,952,000 £799,000 36 5.2%
Brondesbury Road 583 £336,610,000 £577,000 33 5.7%
Carlton Vale 575 £235,564,000 £410,000 9 1.6%
Broadhurst Gardens 547 £325,836,000 £596,000 19 3.5%
Brondesbury Villas 541 £308,232,000 £570,000 31 5.7%
Priory Road 533 £456,890,000 £857,000 35 6.6%
Iverson Road 525 £281,262,000 £536,000 39 7.4%
Christchurch Avenue 517 £320,589,000 £620,000 27 5.2%
Malvern Road 516 £235,703,000 £457,000 20 3.9%
Kilburn Park Road 483 £296,000,000 £613,000 101 20.9%
Maygrove Road 468 £272,249,000 £582,000 34 7.3%
Canfield Gardens 463 £459,041,000 £991,000 17 3.7%
Harvist Road 420 £330,268,000 £786,000 11 2.6%
Albert Road 419 £222,794,000 £532,000 75 17.9%
Mill Lane 402 £227,974,000 £567,000 22 5.5%

Yet, did you really think I wouldn’t get at all serious ..

The basic rudiments of the West Hampstead property market remain principally healthy in many parts of West Hampstead, yet the existing political environment means that the vital element of confidence has been diminished slightly in certain parts, and that is triggering a minority of potential property purchasers and house-sellers to vacillate, yet with unemployment at an all-time low, a record number of people with a job, ultra-low interest rates and decent mortgage availability (with the Banks and Building Societies tending to drop mortgage rates instead of increasing them), those West Hampstead first time buyers (and especially West Hampstead buy-to-let landlords) who have adjourned their next house purchase because of perceived political uncertainty should be reminded that talking to many of my fellow West Hampstead agents they have more homes on their books than at any time for the last three or four years, so there is a greater choice of West Hampstead properties to call your next home/BTL investment with a potential of securing a great property deal in the next month or so.

Irrespective of what happens with Brexit, West Hampstead people will still need a roof over their heads and as I have mentioned on a number of occasions, I have proved beyond doubt we aren’t building enough homes both locally in West Hampstead and nationally. If supply is limited and demand increases (as the population grows and we get older), prices in the medium to long term can only go in one direction. Upwards!

So, whatever happens with BoJo and Brexit – why wait, because once we get over that hurdle, there will just be another hurdle and another hurdle and by which time – we will be in 2029 and you would have missed the boat. We survived the Global Financial Crash, 3-day week in 1970s’, hyperinflation etc etc …  yet the choice is yours.

Have a great Bank Holiday Weekend, and don't forget to give Davian, myself or Mark a call to discuss your purchase or sales requirements.

Leonard Wood

Source ML Estates

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