The average property price paid in Brent is £682,728 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in Brent grew by £56,077. Compare house prices by area
Average property prices in Brent grew by 8.9% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 6.4% per year.
If prices in Brent continue to rise by 6.4% a year, the average property price will be £873,435 in 2025.
There were 2,287 property sales in Brent in the year ending June 2022, an increase of 534 when compared to the previous year.
The average price for a house in Brent ranges from £903,214 for a terraced house to £1,300,617 for a detached house, with semi-detached costing on average £809,561.
The average price for a flat or maisonette in Brent is £430,743.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Brent, detached house prices have risen the most between the years ending 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 107.6% from £626,642 to £1,300,617, semi-detached house prices have risen 82.2% from £444,354 to £809,561, terraced house prices have risen 91.4% from £472,010 to £903,214, and flat prices have risen 60.5% from £268,407 to £430,743.
The most common type of property sold in Brent during the year ending June 2022 was flats, which accounted for 22.7% of properties.
The least commonly available type of property sold in Brent were detached houses, which account for 2.7% of properties sold.
Of the properties sold in Brent during 2022, 2.3% were new build properties.
The average premium for a new build property in Brent was £242,268 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (100% of new build properties sold). For existing properties, the most common type is flats (47% of existing properties sold).
The most common price band for property sales in Brent is £600k - £800k, which accounted for 10.1% of properties sold in 2022.
9.0% of properties in Brent had a price over £1 million. For comparison, in England, 1.7% of property sales were priced at over £1 million.
The cheapest properties in Brent were in the £50k - £100k price bracket, accounting for 0.2% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2022. Data sources: ONS Local statistics