Governed by the London Borough of Lambeth, Clapham is a south London district that boasts varied housing from Queen Anne to Regency and Georgian property styles. Property for sale in Clapham tends to be found in the Old Town and Clapham Common areas, whilst the Abbeville area is home to grids of Victorian housing.
By the latter part of the 20th century, Clapham had undergone a major transformation, turning it into a centre for gentrification of most of the surrounding area. Being only a short distance from the traditionally expensive areas of London, property investment in Clapham has led to a rise in the number of middle class people living in the area. It is one of the few places that still enjoys an affluent professional population living side by side with pockets of social housing.
Clapham Common is a huge green park which is shared with the London Borough of Wandsworth. It is best known for its 220 acres of open spaces and is surrounded by rows of elegant town houses. This type of property for sale in Clapham is significant in attracting the large number of bankers, city workers and young university graduates that now reside here.
Clapham is renowned for its highly cosmopolitan population and is home to a variety of actors, writers, intellectuals and artists. It has developed as a suburb for the commuter due to its proximity to central London.
The Northern line of the London Underground runs through Clapham serving the stations of Clapham North, Clapham Common and Clapham South. There are two Overground stations and train services to London Victoria and London Waterloo through Clapham Junction.
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If you are looking to buy properties for sale in Clapham, you can expect to pay around £812,000. This has grown almost 7% in the last year, and since the turn of the century, the average price has increased by over £550,000.
For those considering property investment in Clapham the average rental cost of two bedroom property is in the region of £460 per week.
Clapham has a population of over 40,000 according to the 2011 census, and has growing student population as well thanks to a number of nearby colleges.
Clapham Common is one of the main attractions of the area, as not only does it provide some beautiful green space, it also plays host to wonderful social events such as open air concerts.
Clapham is also famous as the home of the Holy Trinity Clapham, a Georgian Church which stands on Clapham Common from where William Wilberforce led The Clapham Sect in a campaign to abolish the slave trade in the 19th century. This is a fantastic draw for students and tourists alike and helps to cement Clapham’s place in history.
With Battersea, Wandsworth, Balham and Brixton all neighbouring the area, property for sale in Clapham has become attractive to a wide range of people all wanting to make use its wonderful facilities and connections.
Published: 6 March 2017Recent statistics has shown UK housing affordability is at its worst level in over a decade. This is seen through property prices increasing by 32% over the last five years alone, with the average wage growing by just 7%.
Published: 17 February 2017Despite house prices across the UK are growing at a faster rate than in central London, property prices in London remains more than double than the UK average.
Published: 13 December 2016Property prices in the South East of England have been increasing at a faster rate than the capital. This is due to a higher percentage of the population demanding to live in commuter towns such as Luton.
Published: 30 September 2016Royal Victoria Residences is a stunning new development of stylish apartments, perfectly located within easy walking distance of the new £1bn Asian Business Port development in London city centre.
Published: 26 September 2016Since the results of Brexit, overseas property buyers have seen the potential in London house prices and are investing heavily in London properties. Leading to no signs of the British property market falling.
Published: 31 August 2016The UKs average rent has increased by 2.4% over the past year, with the yields expected to increase even further. This is due to the private rented sector’s supply and demand imbalance continuing to raise.