Just to be clear, when we’re talking about the Camden housing market, we don’t mean secret houses hidden around Camden Market. We’re talking about Camden property prices, of course.
As one of the most diverse, exciting, iconic and well-connected areas of the city, Camden’s popularity has grown enormously over the years. After all, who doesn’t like getting a delicious plate of Caribbean food from the Stable’s food court before eating it in the majesty of Regent’s Park? It’s a pretty cool place to work and live, to say the least.
Now, according to a recent property drop in some of the capital’s most prominent areas at the end of last year, the asking prices for Camden properties dropped a rather sizable 15%. But despite this fall in value, Camden’s housing market is back on the up, and let’s face it, flats and houses still cost a pretty penny in this borough.
In fact, according to a recent report from Foxtons, despite the reported asking price drop, the value of many properties in the area have since increased by around 30%.
Camden property prices
From Mornington Crescent to the Stables Market and beyond, Camden is thriving. According to recent studies, the average property price in Camden is £1,085,026. A one bedroom flat or apartment here will set you back between 850,000 – £1 million and a three-bedroom house weighs in at anything from £1 million – 1,350,000.
And for the sake of comparison, here is the average property price in nearby areas…
Kentish Town: £848,063
Belsize Park: £1,383,327
Camden rental prices
Some rental prices in Camden are on the higher end of the spectrum but regarding increase, rates remain steady. But, if you like all the fun of the fair, coupled with green leafy spaces and excellent transport connections, it’s worth paying a little extra.
The average rental price for a property in Camden is £571 per week which is in fact, 1.7% below the London Average of £581 per week. Not bad at all.
The rental range for a rental property in Camden is £267 – £1,600 per week with 48% of available properties being two-bedroom apartments. The average price for a two-bed pad is £552 per week while a spacious four-bed dwelling costs around £1,041 per week.
All in all, considering just how buzzing Camden is and just how accessible it is to the West End as well as proper posh haunts like Hampstead, Belsize Park and Primrose Hill, living in Camden is relativity reasonable on the whole. Of course, you have to possess a pretty healthy budget to hang in Camden permanently, but when you think about all it has to offer, it’s probably worth every penny.
Whether you’re thinking about moving to Camden Town and becoming a part of the action or you’re already a fully-fledged resident looking to upgrade your pad, we have a nearby self-storage solution for you.
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