Bowes Park

A Quiet Suburban Residential Area

Area Guide For Bowes Park

Bowes Park is a suburb located between Wood, Bounds and Palmers Greens in North London. The neighbourhood is mainly residential and you can easily find basic stores and shops in the vicinity for groceries and services. While there isn't much to do in terms of activities here, the residents can always take the tube to the neighbouring areas, especially Alexandra Park, which is major recreational hub.

 
 

Tags

Family Friendly
Residential
Riverside
Parks

Overview

  • The Neighbors

    Bowes Park has a strong community spirit and a lot of small affordable houses.

  • Ideal for

    Young families and couples looking for a peaceful and affordable neighbourhood.

  • Deal Sealer

    Strong community spirit and family-friendly surroundings.

  • Not for

    People looking for a more active and happening neighbourhood.

  • You will Like

    Peace and quiet, proximity to nearby areas and affordable property.

Bowes Park Map

Estimated Price: £483,291
Average Asking Price: £456,618
Price change in last one year: £53,671
Average Price Paid: £339,273
Average Rent Rates: £1,539

 
 

Property Prices Breakdown in Bowes Park

Average Price for property in Bowes Park is around £483,291 which varies based on type of property you are interested in and ranges from £693,676 for detached house to around £709,306 for semi-detached. Similarly terraced house is around £553,146 and a flat is worth £319,520. Values have been changing and have risen £3,718 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,824 in last 6 months, £53,671 in last 1 year, £98,258 in last 2 years, £110,921 in last 3 years, £111,717 in last 4 years and £126,100 in last 5 years.

Currently average asking price of a property in Bowes Park is around £456,618 based on approximately 279 properties for sale. Same is the case with rental options based on 173 properties up for rent, average asking rent is around £1,539 per month.

Estimated property value in Bowes Park is £483,291. Average asking price is £456,618 while average price paid is £401,404 which is up by £53,671 and Avg. asking rent £1,539.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bowes Park area. In last 1 year alone average price buyer paid is around £401,404 based on approximately 279 sales in Bowes Park area alone. If you compare it to last 3 years sales of 902 properties where buyers paid around £359,612. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £339,273 for 1,450 and average amount paid for purchase of approx. 1,968 properties sold in last 7 years comes to about £324,925 per sale.

 
 

Properties For Sale in Bowes Park

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £40,000, £445,978 for a 2 bedroom house, £555,898 for a 3 bedroom house, £754,412 for a 4 bedroom house and £796,744 for a 5 bedroom house. For a flat similarly the prices varies from £299,210 for a single bedroom to £347,433 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £402,427. To sum up the asking prices for properties in Bowes Park it comes to around average £280,695 for 1 bedroom property, £364,722 for 2 bedroom, £511,342 for 3 bedroom, £754,412 for 4 bedroom and £796,744 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £703 for 1 bedroom to £1,525 for 2 bedrooms, £1,832 for 3 bedrooms, £2,242 for 4 bedrooms and £2,548 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,063. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,388 and £1,581 for 3 bedroom. You should be generally be expecting around average £1,030 rent per month for single bedroom property, £1,392 for 2 bedroom, £1,706 for 3 bedroom, £2,242 for 4 bedroom and approximately £2,548 for a 5 bedroom property in Bowes Park area.

Popular Houses in Bowes Park

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Bowes Park

Sum it all up

 The Good

- Affordable property
- Calm atmosphere
- Primary schooling options
- Nearby areas

 Best For

- Young families
- Couples

 The Bad

- Small houses
- Higher education might need moving to another area
- Not very active in terms of night-life

Transportation in Bowes Park

Browse by Streets in Bowes Park