Ealing’s Housing Market and Transport links

With a population of over 300,000 and a high demand for rental properties, Ealing offers a great opportunity for landlords. In this blog post, we will explore the housing market and transport links in Ealing, and why they are important factors to consider when choosing a location for your buy-to-let property.

Housing stock

When it comes to the type and volume of residential properties in Ealing, the area offers a diverse range of options, with a total of 42,000 residential properties. Of these, 17% are 1 bedroom flats, 32% are 2 bedroom flats, and 23% are 3 bedroom flats. This diversity in housing options is important to consider when choosing a buy-to-let property, as it allows landlords to cater to a range of tenants with different needs and preferences. Compared to the average in London, Ealing has a higher proportion of 3 bedroom flats and houses, making it a great location for families.

The average house price for a 1 bedroom flat in Ealing is currently around £320,000. This increases to £460,000 for a 2 bedroom flat, and £560,000 for a 3 bedroom flat. In comparison, the average price for a 1 bedroom flat in London is £450,000, £600,000 for a 2 bedroom flat, and £800,000 for a 3 bedroom flat. This means that house prices in Ealing are generally lower than in London, which can be a positive for landlords looking to purchase property at a more affordable price.

The age of the housing stock in Ealing is another important factor to consider. According to the latest data, 45% of the housing stock in Ealing was built before 1919, while 55% was built after 1919. Of the latter, 8% are new builds. This mix of older and newer properties is important to consider when choosing a buy-to-let location, as it allows landlords to cater to different tenant preferences and budgets.

Renters vs. owner-occupiers

Ealing has a high demand for rental properties, as 54% of properties in Ealing are rented, in comparison to the London average, which is 49%. This high renting rate is important to consider as a landlord, as it indicates a strong demand for rental properties in the area.

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Transport 

The area has several train stations, including Ealing Broadway, West Ealing, and Ealing Common, which are serviced by the District, Central, and Overground lines respectively. Ealing Broadway is a major transport hub and is one of the busiest train stations in the area, connecting residents to central London and other parts of the city. The number of train stops in Ealing is higher than the average in London.

Commute times in Ealing vary depending on the location and mode of transportation used. On average, residents can expect a commute time of around 30 minutes to central London by train, which is slightly shorter than the average commute time for London as a whole. There are also several bus routes and good road connectivity, making it easy for residents to travel to other parts of the city. However, during peak hours, the journey may take longer due to traffic congestion.

Conclusion 

Ealing offers a great opportunity for landlords with a high demand for rental properties and a diverse range of housing options. The high number of properties for rent and the high renting rate in the area indicate a strong demand for rental properties. The mix of older and newer properties, as well as the availability of houses, allows landlords to cater to different tenant preferences and budgets. The average house prices in Ealing are slightly lower than the average in London, making it a more affordable option for landlords and tenants alike. The area’s transport links, including multiple train stations, bus routes and good road connectivity, also make it easy for residents to travel to other parts of the city and have a shorter commute time than the average in London.

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