Kennington Sales and Lettings Market Insights for Q3 2017

Generally, the summer months are very quiet in the sales market, but we have seen continued activity throughout July and heading into August. The market is very ‘erratic’ at the moment with bursts of activity one day, and very quiet the next. A 'bucking the trend' pattern has occurred in London recently, with sales of large houses happening frequently. We have also noticed this year that more and more people are moving to Kennington from the surrounding areas, as well as other parts of the UK, as Kennington slowly becomes a more established and desirable area of London to live in.

The Kennington area is well known for its stunning Georgian architecture and beautiful garden squares, aswell as its fantastic location, being walking distance from many central London locations. It is also nestled between two of the largest development projects in London in recent history – Nine Elms (home of the American Embassy) and Elephant & Castle. Both areas are enjoying massive amounts of regeneration and huge spend on infrastructure, including a new tube station which is part of the Northern line extension to the Battersea Power Station. Vauxhall is also benefitting from the areas regeneration, and is having major works on the Vauxhall Gyratory including the Cycle Superhighway.

If you are considering selling your Kennington property in the near future, we may already have the perfect buyer waiting for it. If you are looking to buy or rent in the area then please let us know, as we are seeing new properties daily. If you are a Landlord looking to let out your property in the area, or if you would simply like further information on what your property might be worth, contact Ian Boardman (Office Manager).