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There is a great deal to be said for examining property prices now and what they used to be. This can give you an indicator of the level of demand and expectancy for the market, while some people will try and predict future developments from what has happened in the past. No matter your reason for checking out the changes in property prices in Maida Vale in the last 12 months, there is an interesting finding.

In the past year, property prices in Maida Vale have increased by 12.9%. By the same extent, house prices for the whole of London have just risen by 0.1% in the same time-frame. It is often pointless comparing parts of London to other areas in the country for property prices, but the clear difference between prices in Maida Vale and prices in London as a whole are startling. There will be parts of London that are rocketing, the Crossrail effect is still impacting on areas, but there are parts of London where property prices are slowing down or even falling. If you are looking to buy in London, the rising prices in Maida Vale may put you off in comparison to other areas, but it is all about your own perceptions on value and worth.

Maida Vale is a highly desirable area

Given this notable rise in property values in Maida Vale, it is clearly an area that people want to live in, and an area that people believe will provide long term benefits. If you have the finances and are looking for a place that offers short and long term benefits, Maida Vale represents an excellent location to stay. It is a stunning and affluent area of London but the movement of the market indicates that there is still clearly a demand for properties in the area that is racing faster than demand, and this has led to the notable rise in house prices in Maida Vale in the last 12 months.

It is also worth noting that the current property prices in Maida Vale are 45.1% higher than the average property price in London. The current average property price in Maida Vale stands at £747,572 while the average property price in London stands at £515,292. Again, this reflects the nature of home, and the area itself, of Maida Vale in comparison to many other parts of the English capital.

With respect to the average rental price in Maida Vale, this stands at £912 per week. The average rental price in London stands at £734 per week, which means that rental prices in Maida Vale are 24.4% above the average in London.

Anyone who knows the area of Maida Vale will not be surprised over these figures, or indeed, the way that property prices in the area are moving higher and faster for prices across London. Maida Vale is definitely  not the place that the average first-time buyer or young family will move into, but it is an aspirational place where people move up to, which often creates spaces further down the line in other areas, which means that Maida Vale has a strong role to play in the overall London property market.

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What Our Customers Say...

  • “I have been a tenant with Houghton Estates for 1.5 years and am very satisfied with their services. Moving-in and -out was simple and straight-forward. During my tenancy the entire team was very helpful, I was treated fairly and all issues were resolved promptly. I can confidently recommend this agency." Jens Ehrenberg
  • “I was a tenant of Houghton Estates for over seven years. Management service is excellent, response to any issue is quick and efficient, which is of great importance to any tenant." Rosa del Campo
  • As Secretary of the Management Company and part freeholder of a building in Little Venice it has been a pleasure working with Houghton Estates who undertake the day-to-day management of the building. Their local knowledge, extensive network of local contractors and efficient, friendly approach makes maintenance of the building easily done with a minimum of fuss. After a decade of working with them I can honestly say that there has never been a point of friction and I would highly recommend their services.
  • Houghton Estates has been looking after our rental property for over 10 years. Throughout that time we've found them highly professional, pro-active and diligent. For us this means that we have peace of mind, including that our obligations are being met and that we have great tenants."Adam Munro-Rae
  • I have known Mark Bohm and his company, Houghton Estates, for more than 10 years. I have dealt with him over that period on many matters in relation to his business and my own work. I have always found him highly reliable, good at his work, capable and someone with integrity and intelligence who you can rely on to do his job efficiently."Howard Salter
  • Professional, helpful and affordable. I have been using Houghton Estates for many years now and wouldn't consider using anyone else. Whenever I have had a problem they have consistently gone out of their way to help me. I would recommend them unreservedly."Michael Anderson
  • Thank you very much for all your effort and professional work in dealing with our purchase of the flat at Bromyard House Acton W3. I'm sure that without all your perseverance and continued attention to detail the sale would not have been achieved. Many thanks indeed and I hope we can do business again sometime in the future."Phil Wilkinson
  • Craig Edwards at Houghton Estates provide a very helpful, professional and efficient service; both when searching for my initial property to rent; throughout my rental if any problem arose; and subsequently, he was very supportive and pro-active in finding me a wonderful new property when I moved back into the area. I won't hesitate in contacting him again if I need to find another." Justine Morgan
  • Houghton estates manage the flat I rent, and they have provided both an excellent service and peace of mind. I am always confident that any necessary repairs will be carried out swiftly - this has certainly been the case to date."Zan

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If you are looking to buy, sell or let a property in Little Venice, Maida Vale, St John's Wood and the surrounding areas or would like a FREE property valuation, contact us via the details below and a member of our team will be in touch.

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