I was just calculating what would be the average price to buy me a flat in Soho, where our buzzy Outlet office is... obviously this area does not attract as many billionaires as Mayfair, but you will have to pay a price to be next door to the theaters, the trendy restaurants and the endless number of shops, bars and clubs in the West End.
The best opportunities are for some 1 bed flats priced around £400k. But when you look at the whole of Soho, the average price is a remarkable £850k! (probably gets you a 2 bed 2 bath of decent size). So those of you with friends in the area who always wondered how much they paid, now you know a bit more.
In the graph above you can see that, although flats around here are expensive, and prices have had an increase of 9.3% in the last year, they are still around a 10% cheaper than they were at the peak of the market in the end of 2007, so its a bargain still! those who can afford it, hurry up and purchase NOW.
Obviously at outlet we are happy to help on that :-), find our properties for sale on
http://www.outlet4property.com/
Very interesting. I'll start thinking about it. Congratulations for the blog.
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