Hampstead’s Housing Market and Transport links

Hampstead is a prime location for a range of reasons, including its thriving housing market and exceptional transport links. In this article, we will explore the factors you need to consider when investing in the housing market and transport links of Hampstead.

Housing Stock

Hampstead is home to a diverse range of residential properties, with around 8,000 properties in the area. Out of these, the majority are flats, with 5,000 properties, and a smaller number of houses, with 2,500 properties. In terms of bedroom numbers, there are 1,000 one-bedroom flats, 2,000 two-bedroom flats, 1,000 three-bedroom flats, and 100 one-bedroom houses, 1000 two-bedroom houses, and 1000 three-bedroom houses. This is higher compared to the average number of properties in London, making Hampstead an attractive location for those looking to invest in buy-to-let properties. 

Renting vs Owner Occupier

In Hampstead, the majority of properties are owner-occupied, with 5,000 properties, while the remaining  properties are rented. This is lower compared to the average number of rented properties in London, which may indicate a higher demand for rental properties in the area. It is important to consider the renting vs owner-occupier rate when investing as it will give you an idea of the potential demand for rental properties in the area.

Average House Prices 

The average house price in Hampstead for a one-bedroom flat is £450,000, for a two-bedroom flat is £675,000, and for a three-bedroom flat is £1,050,000. The average house price for a one-bedroom house is £825,000, for a two-bedroom house is £1,250,000, and for a three-bedroom house is £1,800,000. These prices are higher compared to the average house prices in London, indicating that Hampstead is a high-end location for those looking to invest in buy-to-let properties. It is important to consider the average house prices when investing as it will affect the amount you need to invest and the potential rental yield.

Age of Housing Stock

In Hampstead, there are a limited number of new build properties, with only 244 properties built within the past 10 years. This is lower compared to the average number of new build properties in London, and it is important to consider the age of the housing stock when investing as it will affect the potential for renovation and the overall condition of the property.

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Transport

When considering a potential investment, it is important to take into account the transport options available to prospective tenants as this will impact their daily commute and can affect the appeal of the property to potential renters.

Train links in Hampstead are excellent, with several big stations in the area including Hampstead Heath, West Hampstead, and Finchley Road & Frognal. These stations are serviced by several lines, including the London Overground, Jubilee Line, and Northern Line. The volume of train stops in Hampstead is higher than the average in London, making it easy for residents to get around the city.

Bus links in Hampstead are also well-established, with several bus routes passing through the area. The bus network in Hampstead is extensive, with many bus stops located within close proximity to each other. 

Commute times in Hampstead are among the best in London, with many residents able to reach the city centre in under 30 minutes. This compares favourably to the average commute time in London, which is around 35 minutes. This is a major selling point for potential tenants, as it means they can spend less time commuting and more time enjoying the many attractions that Hampstead has to offer.

Bike and car sharing schemes are widely available in Hampstead, with several providers operating in the area. Bike lanes in particular are extensive, with many dedicated bike lanes located throughout the area, making it a safe and convenient option for cyclists. With so many transport links available in Hampstead, landlords can be confident that their investment will be in a location that is well-connected and easily accessible to tenants.

Conclusion 

Hampstead is a prime location to invest in, given its thriving housing market and exceptional transport links. With a diverse range of residential properties, majority of which are owner-occupied, Hampstead is an attractive location for those looking to invest in buy-to-let properties. The average house prices in Hampstead are higher compared to the average house prices in London, indicating that it is a high-end location for investments. However, the limited number of new build properties and age of the housing stock should be considered when investing. Transport options in Hampstead are excellent, with a high volume of train and bus links, along with bike and car sharing schemes, making it well-connected and accessible to tenants. Commute times are also among the best in London, making it a major selling point for potential tenants.

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