Is Primrose Hill A Good Place To Live?

Tuesday, January 18, 2022

When it comes to making the most of a New Year, it is no surprise that many people like to make significant changes. If you plan on moving home in 2022, there is a very good chance that you are already planning your next move.

While you need to consider your budget, and what you can afford, it is vital you find a place where you feel happy. At Stones Residential, we believe Primrose Hill is a good place to live, and if you would like to find out more about the area, we are here to help, so please get in touch.

What does Primrose Hill have to offer?

While there are many fantastic locations to consider living in across London, there is no denying Primrose Hill is a very popular choice. This is an area that has an excellent close-knit community, so if you are keen to find a space where you want to feel at home, this will be an excellent choice.

In the past year or so, most of us have placed greater importance on outdoor space, and enjoying ourselves in greenery and parks. In Primrose Hill, you are well placed for some of the best parks in the capital. If you are keen to enjoy views that look out across the city, there are not many better places to set up home.

How are house prices in Primrose Hill faring in 2022?

According to Rightmove, as we make our way into 2022, house prices in Primrose Hill are as follows;

Properties in Primrose Hill had an overall average price of £1,813,906 over the last year.

The majority of sales in Primrose Hill during the last year were flats, selling for an average price of £994,866. Terraced properties sold for an average of £2,942,540, with semi-detached properties fetching £4,268,333.

Overall, sold prices in Primrose Hill over the last year were 56% up on the previous year and similar to the 2015 peak of £1,809,204.”

When you look at the massive increase in property prices for Primrose Hill over the past year, you are given a reminder that it is best to not always take statistics at face value.

There is a good chance that there was a very small set of figures to consider in the Primrose Hill property market. This means even one or two outliers can have such an impact on percentages. We should also consider the housing market, especially in prime London areas, was slow moving throughout 2020 and into 2021, and by the end of the year, there would have been an uplift.

If you want to know the stories behind the numbers, please get in touch with Stones Residential, and we will be more than happy to assist you.

If you are looking to sell your Primrose Hill property, we are more than happy to represent you. We have helped to connect many buyers and vendors in the local area, and we look forward to assisting you.

Contact Stones Residential for all your Primrose Hill and Belsize Park property needs in 2022

If you would like to arrange an appointment to help you negotiate the local housing market, please contact Stones Residential today by calling us on 020 7483 0685 or emailing belsizepark@stonesresidential.co.uk.