Carol street record broken

London Residential help owners hit a record price for their 3-bed home on Carol Street, NW1

Just a few steps from the heart of Camden, Carol Street is a real find. And 10 Carol Street proves it. We’ve just exchanged on the property, which hit a selling price of £1.1 million — a record for the street and way above London averages.

The terrace house is a delightful Georgian home on a quiet residential street, renovated to a high standard. Three sun-drenched double bedrooms, and secluded private garden, plus being within walking distance to Regents Park, Primrose Hill, Kings Cross St Pancras, Euston make this place a true hit.

Zoopla figures show that average property value for Carol Street is £855,883, quite a way over the average asking price for property in the capital — £604,000 according to RightMove.

So does 10 Carol Street represent a one-off outlier, or part of a trend?

At London Residential, we’ve seen plenty of interest in NW1, even with lockdown and the growing appeal of suburban life. If the property is right — walkable to work or mainline stations, plenty of bedrooms for guests and home working, a fantastic garden for entertaining, then it’s easy to see why homebuyers would break through the ceiling price for the area.

We predict that the ongoing vaccination programme, the lifting of lockdown and rising confidence in the London market will make properties like 10 Carol Street shine for buyers. The right features, in the right place, will still make this the right time to sell.