Situated on the north bank of the River Thames, the Brackenbury Village area of Hammersmith is made up of a network of late Victorian terraced streets. The village has recently become very popular amongst young professionals and families looking for a strong community feel; subsequently we’ve seen two thirds of our registered buyers showing a keen interest in living in the area. In addition, we have seen a rise in unmodernised properties making their way back onto the market. This has given many the opportunity to purchase and develop these properties further, transforming many already large family homes. So what is it about this area which is making Brackenbury Village so desirable?
Brackenbury residents find the area’s thriving independent local businesses and small, family run cafes very appealing. The village has recently seen The Brackenbury restaurant, owned by Ossie Gray, former manager of The River Café, reopen after a comprehensive refurbishment programme and it is now always packed with families and affluent young professionals alike.
The village has a good range of properties, from one bedroom converted flats priced between £450,000 to £500,000 to five bedroom luxury Victorian family homes priced between £1,750,000 and £3 million, all located on quiet tree lined streets of similar styles. The most eagerly sought after streets are those closest to the open space of Ravenscourt Park, such as Nasmyth Street, Cardross Street and Tabor Road, where in the last couple of months we have seen tremendous interest. For example, we sold a fully refurbished four bedroom house on Tabor Road in March this year for £1,750,000, which is 32% more than was paid for an identical house right next door a year before. The recently released figures from the Land Registry show that the London Borough of Hammersmith and Fulham has seen property prices rise by 16.4% annually, indicating that the market here is consistently performing well.
Brackenbury Village benefits from access to a variety of transport links, including stations at Ravenscourt Park (District Line), Goldhawk Road (Hammersmith & City Line) and Hammersmith (Piccadilly, District, Circle and the Hammersmith & City Line).From Hammersmith Broadway, the main street running through the heart of the area, there are four underground lines and nineteen bus routes which provide plenty of transport routes around the Capital, while the A4 and A40 roads are readily accessible to motorists.
Local schools are one of the main attractions to the area, specifically John Betts Primary School and Brackenbury Primary School, both of which have been graded as Outstanding in their latest Ofsted inspections. The West London Free School caters for both primary and secondary age children and is very well regarded for its traditional educational values.
Brackenbury’s rental market is strong, says our Lettings Manager, Mandeep Dhillon: “With two bedroom flats ranging from £400 to £450 per week and three bedroom terraced houses from £600 to £700 per week, these typically appeal to families eager to rent in a good school catchment area. As we enter the busy summer season, we should see increased demand from families keen to be settled before the start of the new school year in September. The area attracts high powered city workers who rent the properties and also to savvy investors who are keen to place their money in an area which will provide both good rental yields and lucrative capital growth.”