A landlord who invests in rental properties across West London asked me about the property market in UB8. What we discussed about Uxbridge was quite interesting. The average value of a property in Uxbridge UB8 is £312,000, which is £34,000 more than the average of neighbouring West Drayton UB7. Average prices in Uxbridge have increased by around 24% over the last five years.
Detached property changes hands on average for over £500,000. The more expensive roads in the area include Harefield Road and Park Road which lead from Uxbridge north to Swakeley’s Roundabout. There larger detached property can sell for over a million.
The average asking rent in Uxbridge is currently £1,390 per calendar month. Currently there are over two hundred properties on the market to rent in the area according to the property portals. The average asking price for property in the area is £394,000 so comparing the two we see an expectation of average yield of 4.4% in the area.
If you would like to come and discuss property in the area, you are welcome to visit our office at 113 Hillingdon Hill and speak to one of our lettings specialists.
