A focus on Chiswick
Leafy Chiswick is a popular place for settling down. Situated next to the Thames, the area is packed with of high-quality cafes, pubs and restaurants. Popular with families, young professionals and even celebrities, Chiswick has a village-like feel where you can easily forget you’re still in London.
We take a closer look at pretty Chiswick and get the lowdown on what it’s like to live there from the local Townends team.
The local area
Chiswick is an oasis of calm and without a doubt one of the most desirable places to live in London. The area is known for its period properties and generous green spaces – despite being barely 10 miles from Central London.
The area has plenty of impressive local sights. You’ll be hard-pressed to find a better place to lose yourself at the weekend than Chiswick House; Lord Burlington’s sumptuous villa and its 65 acres of grounds were completed in 1729. Nearby Syon Park is a similarly stunning house with beautiful gardens and a wealth of historical art.
Chiswick High Road is bustling with boutique shops, independent eateries and a number of festivals during the summer months, including Tidefest (a celebration of the Thames) and the Chiswick Book Festival. Picturesque Strand-on-the-Green lines the banks of the Thames and offers an array of beautiful homes and charming pubs, such as The City Barge and The Bell & Crown.
Schools in both areas rank well, with plenty of primary and secondary schools rated ‘outstanding’ by OFSTED, including Grove Park Primary School and Strand-on-the-Green Infant and Nursery School.
Chiswick’s transport links are second to none. Two tube stations serve the area, with Chiswick Park in Zone 3 on the District Line, and Turnham Green on both the District and Piccadilly Lines. Journeys into Central London take around 20-30 minutes. Train services from Chiswick Station or nearby Kew Bridge to Waterloo take less than half an hour. Trains also run to Victoria in 31 minutes via Clapham Junction.
Road services are exceptional, with the A4 running through Chiswick and linking straight onto the M4. Those travelling to Heathrow can be there in around 20 mins. There are several bus routes linking to other areas of London, such as Camden Town, Piccadilly Circus and nearby Richmond.
Local development and population profile
Due to the area’s popularity with families, most people living in Chiswick are around middle age, with those aged 30-44 (28%) making up the largest proportion of residents, followed by those aged 45-64 (22%). One person households comprise 36%, followed by families (31%), couples (16%) and other people (17%).
“I might be a little bias, there’s really no better place to live in London than Chiswick.” Said Dawn at Townends, Chiswick. “Being by the river during the summer watching the rowers go by is such a pleasure; I feel very lucky to live in such a beautiful area that has so much to offer. The river and all the greenery makes it very easy to forget it’s just a 20-30 minute journey into Central London.”
The sales market
Dawn said: “The property market is Chiswick is very buoyant as the area never falls out of fashion. Over the last 12 full months there have been 1,282 sales in Chiswick, a 6% change on the previous 12 month period. The popularity of the area means that property is priced at a premium, with the average sales price £632,963.”
Property transactions in March were up 6%, following an ongoing period of positive growth this year. Chiswick bucks the overall trend as transactions in Greater London were down 10% year on year.
Dawn continued: “Developers have been busy regenerating any disused areas. Due to a wave of development in the area over the past decade or so and many large houses being converted to smaller units, 67% of sales in the past 12 months were flats, achieving an average sales price of £489,473. Houses achieved an average price of £1,059,131.”
The rental market
Phillip at Townends, Chiswick said: “The area is similarly popular with renters, particularly young professionals looking to live in the area – 51% of renters are aged between 18-29. Over the last 12 months, the average rent achieved for properties let in Chiswick was £1,505 per month, an +8% change on the previous 12 month period.”
This year has seen steady growth in the annual percentage change in rents, with May reporting an 8% rise, following a negative period last year. This is compared to 2.3% growth overall in Greater London. In Chiswick, 85% of rental properties are flats, compared to 77% across Greater London.
Phillip continued: “The average rental value for a flat is £1,472 per month. Houses can look to achieve an average of £1,702 per month.”
Living or investing in Chiswick
If you’re looking for some advice about renting, buying or selling property in Chiswick, contact our expert lettings and sales teams at the Chiswick branch today. Call 020 7749 1407 for more information or email us today.