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How much will you pay for a house for sale in Harrow?

by | Nov 15, 2022

Home $ House for sale in the UK $ How much will you pay for a house for sale in Harrow?

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Harrow might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of London.
Before looking for a house for sale in the city of Harrow we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.

In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Harrow.

Asking price in Harrow for a house for sale

Average price of houses for sale in Harrow

Average asking price (1 bed) £303,421
Average asking price (2 bed) £417,372
Average asking price (3 bed) £639,586
Average asking price (4 bed) £843,894
Average asking price (5 bed) £971,425

After looking at this table about prices of houses for sale in Harrow, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £5,724 will help them to have a more holistic understanding.

When investors make offers for houses for sale in Harrow, the average price asked by the homeowners works out to be £572,084.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Harrow is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

What’s the rental yield in general for the city of Harrow?

You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Harrow this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (Greater London) alongside London then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Harrow.

This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Harrow £0 £1,664 £1 £0
London 3.96% £2,001.05 129.93% 12.05%
Greater London 0.04 1,898.58 £1 13.30%

As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Harrow.

As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (14) will be useful.

Are there new houses being built in Harrow to make it grow?

Whenever you are thinking about looking for houses for sale in Harrow, think about how the city is growing and how this may impact the overall growth of the area.

Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.

1 year 3 years 5 years
Harrow growth rate 2% 13% 12%

As the population of Harrow grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.

Are you considering other cities with houses for sale?

You can consult our list below that goes over a list of cities not necessarily in Greater London, allowing you to find similar places to Harrow:

You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK

Are there any important statistics about the population of Harrow?

In the city of Harrow, how much green space remains for residents?

In the city of Harrow, there are 12 acres of green space per 1000 residents.

The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Harrow is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

Is the crime rate bad in the city of Harrow?

The crime rate of Harrow must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.

For example, the area has a crime rate of 9522%, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.

Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.

Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (9522%) is both useful and is recommended to be compared to the average.

Have the people of Harrow grown in numbers?

The city of Harrow has a total population of 442103. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Harrow is growing.

A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.

Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.

The five year population change of Harrow

Over time, in the last five years, the population of the city of Harrow has changed by 3%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here

In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 3% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.

What is the difference in population over the last 10 years in Harrow?

In the last 10 years, there has been a shift in the population of 9%.

Comparing this to the 5 year figure of Harrow can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.

New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.

A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.

What salary does the community in Harrow take home?

By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.

In Harrow, the average income is £56,555.56. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.

When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 31% to decide on what the demographics are like in the area.

The city of Harrow, situated in London, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Harrow and its demographics will be compared to its wider location (Greater London). This includes population size, growth and population education now and into the future.

These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Harrow. So, taking a good look at the data is essential to understand the area you are considering to buy in.

In Harrow, how educated are people in general?

In Harrow, the proportion of people who have a degree is 37%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Harrow is £56,555.56.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

Are the deprivation levels of the UK any different to Harrow?

The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.

If the proportion of deprivation of Harrow is £0 and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.

What is the city of Harrow’s social grade score?

Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Harrow compare?

At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.

In Harrow, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 31%.

So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.

Social Score Category The proportion of the UK population (%)
A Professional, managerial or administrative 4
B Intermediate managerial or professional jobs 23
C1 Supervisory, junior managerial or professional jobs 29
C2 Skilled manual workers 21
D Semi and unskilled manual workers 15
E State pensioners, casual & lowest grade workers 8

Professional advice for houses for sale in Harrow

Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.

Here is a list of who to contact to get assistance when purchasing a house for sale:

  • Banks – The ones that can lend you the money you need for the house for sale
  • Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
  • Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
  • Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
  • Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
  • EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.

Choose the right house for sale that suits your needs

When browsing houses for sale in Harrow you should think about lots of different criteria:

  • House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)

  • Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.

  • House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.

  • Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future

  • energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.

  • Internet speed in the area of the house for sale – it is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.

  • Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?

  • Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.

  • Houses for sale Conditions – some properties, like new builds, need no repairs or works; other houses listed for sale may need some investment to restore them and some others may need a complete renovation. Someone looking for houses for sale should always think about how much time and money they are willing to invest to complete the needed repairs.

In general, for the city of Harrow, what are the final purchase prices for the houses for sale?

As well as looking at the asking price for house for sale in Harrow, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Harrow.

Houses for sale, are sold on average in Harrow, after the influence of these factors, at £519,444 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 9% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £817,454
Aerage sold price (semi-detached) £593,839
Aerage sold price (terraced) £505,515
Aerage sold price (flat) £345,623

This table above shows the average sale price for each variation of houses for sale in Harrow.

Housing category Sale price per square foot
Aerage sold price/sqft £5,332
Aerage sold price/sqft (new build) £5,798
Aerage sold price/sqft (old stock) £5,239

This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Harrow is £5,527.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

FAQ (Frequently Asked Questions)

Do properties in Harrow offer renovation potential?

If planning permissions are abundant in the vicinity of Harrow, it may look promising for landlords looking to renovate. With 33 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 442103. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

How many property sales occur per month in Harrow?

In Harrow, the monthly property transaction count reaches 14, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

How does the population in a city like Harrow change annually?

To work out how the population of Harrow has changed over time, you can look at the population change over a decade which is 9% and the change in a five year period two which falls at 3%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population

prices for houses on sale in the broader vicinity of Harrow?

The current average price per square foot for a house in Harrow stands at £5,724, considering the mean cost for each square foot of houses for sale there.

Is investing in a house for sale in Harrow a financially demanding choice?

To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Harrow this number is £519,444 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house

Buying a home in Harrow? Find trusted estate agents below

Purchasing property in Harrow can be a complex process. Having the right real estate agent to guide you makes all the difference. We understand how stressful and time-consuming finding an agent can be so we have provided all of the most relevent agents and their contact details below in our convenient table.

Estate agent name Phone number Address of agent Email Address
Vel Estates 442080335951 12B Stanley House, Stanley Avenue, Wembley, London, HA0 4JB Phone number only
Right Home Estate Agents 442081665310 173-177 Ealing Road, Wembley, HA0 4PL Phone number only
Salesandlettings Estate Agents Ltd 442081285027 179 Ealing Road, Wembley, HA0 4LW nan
Dream Homes 442081158523 189 Ealing Road, Wembley, London, HA0 4EJ Phone number only
Greyandco 442089041235 604 High Road Steven Else (stevenelse@greyandco.net);Lisa Else (lisa@greyandco.net)

Download agent details

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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