Hyde Park House Prices, London
Hyde Park is an area, located in the borough City of Westminster.
Hyde Park House Prices
As of June, 2024, the average house prices in Hyde Park are as follows:
- studio – £325,000 (-2.35%)
- 1 bedroom flat – £550,000 (-6.46%)
- 2 bedroom flat – £997,500 (-11.71%)
- 3 bedroom flat – £1,900,000 (-18.12%)
- 4 bedroom flat – £3,397,500 (-0.6%)
- 5 bedroom flat – £4,250,000 (-5.76%)
Keep in mind that these are simply the average rates for Hyde Park house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Hyde Park, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Hyde Park house price is £1,100,000, low by 4.35% as of £1,150,000 in May, 2024.
- Currently, there are 391 houses for sale and an average of 11 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Hyde Park house prices.
Hyde Park House Prices Growth
The average house price in Hyde Park over the last 5 years is as follows:
- 2019-06 – £975,188
- 2020-06 – £913,520 (-6.32%)
- 2021-06 – £981,876 (7.48%)
- 2022-06 – £1,053,001 (7.24%)
- 2023-06 – £988,779 (-6.1%)
- 2024-06 – £874,965 (-11.51%)
Sold house prices in Hyde Park have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now down 10%. Therefore, at the moment, you may be able to purchase real estate at a more favourable price than five years ago.
In addition to checking the average Hyde Park house prices, it’s also wise to keep an eye on house rent prices in Hyde Park. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Hyde Park.