The prices below are for properties currently available to buy or rent in Parsons Green. They are recalculated daily to incorporate new properties being put on the market.
|Bedrooms||Sale price||Weekly rent||Yield|
The average yield of residential rental property in Parsons Green is 4.9% per year.
This is around average for London. A large part of the overall investment return will be due to capital growth (see below) rather than rental income.
|Area||Price per ft2||Price per m2|
|Within the M25||£770/ft2||£8,300/m2|
We've calculated the annual growth in house prices for each street in Parsons Green, over the last 5 years. The best and worst performing streets are listed below.
A £100,000 property bought on Guion Road 5 years ago would now be worth £325,729 (27% growth per year).
Whereas a £100,000 property bought on Lilyville Road 5 years ago would only be worth £97,074 today (-1% growth per year).
Rental yield in most of London is often quite low. Instead, investors rely on the value of the house to increase to provide a return on their investment. This is called capital growth.
Capital growth is not uniform across London - in fact, it often varies widely from street to street. Pick the right street and you can make a fortune!
This is considerably higher than the London average. This could be due to the area rapidly gentrifying, or a property bubble!
Good transport connections will make your daily commute less painful, and can increase the value of property.
Travel times below are the average weekday peak travels time from the postal sector to central London termini, by the quickest means of public transport.
There are 3 tube and train stations within easy walking distance.
The nearest London terminus to Parsons Green is Paddington station, which is around 29 minutes away by public transport.
18% of the population of Parsons Green are children, which is slightly lower than the average in London. Parsons Green is a fairly popular area for families.
However Parsons Green is more popular with working-age people - such as graduates and young professionals - who make up 71% of the population. This is above average for London.
Parsons Green is a wealthy area, with very few residents out of work and on benefits (job-seekers allowance).
The crime rate in Parsons Green is about average for London. London is a fairly safe city, so you shouldn't have anything to worry about!