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Home Articles Houses prices drop post Coronavirus in Harrow: The London borough just right...

Houses prices drop post Coronavirus in Harrow: The London borough just right for social distancing and with accessible prices

By Deborah Melchiorre


A
study made by University College London revealed that only a third of pavements across Greater London are wide enough for social distancing.

 

Dr Ashley Dhanani (The Bartlett School of Architecture, UCL), based at the Urban Dynamics Lab, said: “Most streets in London have pavements which are just over two metres wide – this is not enough room for people to pass each other and leave two metres distance between them, especially with obstacles such as bins, trees and lampposts. While some may opt to walk in the road, this is not possible for people with pushchairs or with mobility impairments.”

 

However, there’s a handful of boroughs where half the streets have six metres or more of non-road space in the form of pavements and grass verges.

The City, Barking & Dagenham, Westminster, Brent and Harrow make up the top five boroughs by width of pavement.

 

According to the Foxton website, the pretty borough of Harrowhome to the historic boarding school, beautiful parks and breath-taking views, has an average property price of £473,734

Credit: Rightmove

23.7% below the London Average of £620,697.

And an average rental price of £336 per week, 42.2% below the London Average of £581 per week.

 

A £2.2 million 10-year town upgrade is also under way, to bring 5,500 new homes, 3,000 jobs, two new schools and public squares by 2025.

 

The average price declined by £-14.1k (-3%) over the last twelve months. The price of an established property is £514k. The price of a newly built property is £319k. There were 3.3k property sales and sales dropped by 21.0% (-979 transactions). Most properties were sold in the £500k-£750k price range with 1009 (30.9%) properties sold, followed by £400k-£500k price range with 725 (22.2%) properties sold.

 

September 2019 – August 2020

 

Area average price & average rental

Harrow on the Hill
£463,840
£355 pw

North Harrow
£504,266
£348 pw

Rayners Lane
£453,455
£375 pw

Preston
£501,054
£681 pw

Harrow Weald
£524,298
£282 pw

Pinner
£612,486.
£528 pw

Wembley
£452,133
£542 pw

Northolt
£365,630
£236 pw

Wembley Park
£463,693
£542 pw

Hatch End
£757,794
£329 pw

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