House prices in Brent have plummeted by an average of over £16,000 in the month of November, according to figures from the Land Registry.
The latest data from the government department reveals that in November 2023 average house prices in Brent reached £535,808.
This was down from £552,639 in October, representing a 3.0 per cent decrease. In the last 12 months it has fallen by -4.7 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Brent here.
How much have house prices decreased in Brent?
Breaking it down for specific types of housing, all prices saw a decrease.
- Detached houses - Down to £1,236,611 from £1,289,018 in October
- Semi-detached houses - Down to £807,988 from £838,215 in October
- Terraced houses - Down to £679,935 from £705,082 in October
- Flats - Down to £414,359 from £424,788 in October
How do Brent house prices compare to the UK average?
Despite the fall in prices this month, Brent is still far above the UK average with a typical property value in the nations reaching £284,950 in November.
In cash terms, the average house price in November was £-6,142 lower than a year earlier with house price growth decelerating to -2.1 per cent in November 2023. Prices were down by -0.8 per cent month on month.
How much could your house be worth?
We have created this map for the London so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Brent are the most expensive for average house prices.
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