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Camden is home to street markets, music venues, museums, theatres and Hampstead Heath. The area is covered by more than 5,600 listed buildings and can be accessed by a number of tube stops in zone 2. It’s clear there is plenty to do in Camden, but if you are looking to move out, what can you expect when selling your home?
Looking to sell your Camden home?
Due to the borough’s proximity to the City of London, you can expect to achieve a high price when selling your property. Flats and terraced homes are most available in the area, and will achieve an average price of £1,235,794 to £4,529,295 respectively.
Detached and semi-detached properties are least advertised in the area, but reach a lesser price than other boroughs in comparison. Still, you can expect to sell a detached property for £5,383,421 and a semi-detached house for £3,222,999 – which is less than a terraced house on average.
Looking to rent your home?
If you are moving away but looking to rent out your property, you can expect to receive an average monthly income of £3,176.
Of course this varies greatly depending on your type of property; singular rooms should achieve an average rent of £921 pcm while whole houses can reach an average of £5,718 pcm.
Likewise, flats will achieve an average monthly income of £3,088 pcm.
Buyer demographic in Camden
While people born in the UK take up the largest portion of people living in Camden, the borough is particularly popular with Americans and people from Bangladesh and Ireland. You can expect to receive interest from single professionals with an average age of 36 when advertising your property.
The arts and culture run throughout the borough, from the markets of Camden Lock to the theatres in Covent Garden, the London Borough of Camden often attracts creative types to the area.
Properties in Camden will typically sell within 102 days. Terraced houses are most in demand for the area, and will normally have contracts signed and completed within 59 days of first being advertised.
Similar locations to Camden
Camden’s arts and culture scenes are at the cusp of new fashion, break-out musicians, and fringe theatre. It is a truly creative area that cannot be replicated anywhere else in London. If you are looking for somewhere similar to live, you might want to consider moving to Lambeth to soak up the book markets and theatre of the Southbank, or the open spaces of Clapham.
Our partnered removal companies can help with your move from Camden to anywhere in London, the UK or even overseas. Get free quotes from Comparemymove.com and save up to 70% on your removal Camden costs.
We only work with the best removal companies in Camden and run vigorous verification and approval processes. Before a company works with us, we check the company’s credentials, insurance information, any BAR membership as well as any third-party reviews online.
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