Biggest Streets in West Hampstead ?
What's the biggest street in West Hampstead?
Well my recent articles about West Hampstead’s most moved street in the last 3 years and the Monopoly board article (the one where I listed the most valuable streets) caused quite a lot of interest locally, so I decided to see what else I could find out about the NW6 postcode area, and I have been able find out the biggest streets in the West Hampstead (NW6) postcode area.
Don’t worry, I will get back to some hard-hitting articles about the lack of new homes being built in West Hampstead, the trials and tribulations of being a West Hampstead buy-to-let landlord and the future of the West Hampstead property market .. yet in this article because of the previous positive comments, I wanted to give you what you, the West Hampstead homeowners and West Hampstead landlords asked about and wanted!
The biggest street in NW6, when it comes to the number of houses on it is West End Lane, with 1,242 homes. In second place is Kilburn High Road with 874 homes and in third is Willesden Lane with 851 homes.
Yet, size isn’t everything and the most valuable street of the top 20 biggest streets is Goldhurst Terrace at ￡696.5m with an average value of ￡948,000 per property.
The street with the greatest number of movers in the last 3 years is Kilburn Park Road, with the highest saleability rate of 20.9%.
Yet, did you really think I wouldn’t get at all serious ..
The basic rudiments of the West Hampstead property market remain principally healthy in many parts of West Hampstead, yet the existing political environment means that the vital element of confidence has been diminished slightly in certain parts, and that is triggering a minority of potential property purchasers and house-sellers to vacillate, yet with unemployment at an all-time low, a record number of people with a job, ultra-low interest rates and decent mortgage availability (with the Banks and Building Societies tending to drop mortgage rates instead of increasing them), those West Hampstead first time buyers (and especially West Hampstead buy-to-let landlords) who have adjourned their next house purchase because of perceived political uncertainty should be reminded that talking to many of my fellow West Hampstead agents they have more homes on their books than at any time for the last three or four years, so there is a greater choice of West Hampstead properties to call your next home/BTL investment with a potential of securing a great property deal in the next month or so.
Irrespective of what happens with Brexit, West Hampstead people will still need a roof over their heads and as I have mentioned on a number of occasions, I have proved beyond doubt we aren’t building enough homes both locally in West Hampstead and nationally. If supply is limited and demand increases (as the population grows and we get older), prices in the medium to long term can only go in one direction. Upwards!
So, whatever happens with BoJo and Brexit – why wait, because once we get over that hurdle, there will just be another hurdle and another hurdle and by which time – we will be in 2029 and you would have missed the boat. We survived the Global Financial Crash, 3-day week in 1970s’, hyperinflation etc etc … yet the choice is yours.
Have a great Bank Holiday Weekend, and don't forget to give Davian, myself or Mark a call to discuss your purchase, rental or sales requirements.
Leonard Wood
22 Aug 2019
Source ML Estates