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Harrow is an attractive borough where more than a quarter of the borough is open space. With a diverse community and high levels of community safety, Harrow is a great place to live in West London. But if you are looking to move from Harrow, what can you expect when selling your home?
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Looking to sell your Harrow home?
Property prices in Harrow have risen by 20% over the last year, which is above average for Greater London.
Semi-detached and terraced homes have seen the largest rise in price, with these properties now achieving a price of £479,187 to £568,368 on average.
Detached properties in the area have seen a slight decrease in price within the area, but will still sell for around £671,075. Flats, which are most advertised in the area, should achieve a price in the region of £298,445 on average.
Looking to rent your home?
You may want to move from Harrow, but keep your property to rent out. So what can you expect on the rental market? The amount you can achieve per month will depend on the type of property you are able to offer. Three to four bedroom properties are most in demand in Harrow and will bring in an average monthly income of around £1,735 to £2,133 PCM.
Flats are also quite popular and should achieve around £1,240 PCM. Individual rooms are in demand, but not as sought after as the former two property types. For a room, you can expect to achieve a monthly income of around £624 PCM.
Buyer demographic in Harrow
Harrow is popular among more established families, where half the adult population is married. The average age for the area is slightly higher than the London average, at 38 years old (London average is 35).
The borough is home to many different communities and is somewhat ethnically diverse in comparison to other areas of London.
Similar locations to Harrow
Harrow is home to a diverse population and provides high levels of community safety. If you are looking for somewhere similar to live within proximity to the city centre, consider making the move to Ealing.
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