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West London is home to some of the most diverse communities in the UK, as well as providing plenty of green space and parks across the region. The area is a truly bustling area with a lot going on. However, if you are looking to move from the area, what can you expect from the property market?
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Looking to sell your West London home?
West London provides some relatively high property prices, which is good if you are looking to sell. Your property is likely to go for an average of £755,671 on average, although this largely depends on your exact location, as well as property type and number of beds on offer.
Due to its proximity to Central London, Hammersmith and Fulham is the most expensive borough for buyers, where the average property can go for around £1,021,731. On the other end of the scale, Harrow is home to some of the more affordable homes in the region, where the average property will fetch around £446,516.
Looking to rent your home?
You may want to move from the area, but keep your property as a rental opportunity. So what will the London rental market have in store for you?
Rental properties are always in high demand across the whole of London, so you can expect high income opportunities of around £2,341 PCM on average.
Harrow presents the lowest income of £1,431 per month, while Hammersmith and Fulham will achieve a monthly income of around £2,705.
Buyer demographic in West London?
West London is one of the most ethnically diverse areas of London and draws people in from all different communities across the world.
The average age for the area is in keeping with the rest of London. The majority of people moving to the area are married and either have a family or are looking to start one.
Hammersmith and Fulham is more popular among young professionals who are more involved in their job than looking to start a family.
Similar locations to West London?
West London provides a lot of green space and provides great diversity across many different communities. If you are looking for somewhere similar consider making the move to South London.
Comparemymove.com is the best start to planning any move, whether you are relocating within London, the UK or further afield. Get free quotes from Comparemymove.com and save up to 70% off your moving day costs.
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