Turnpike Lane

Area Guide For Turnpike Lane

Turnpike Lane is a street in Haringey, North London. The road is characterised by independent retailers with flats above the shops. It is also a local transport hub: Turnpike Lane tube station and Turnpike Lane bus station are both situated near the eastern end of the street. Opposite the Underground and bus station is a small park named Ducketts Common, once an area of common land where people could bring their animals to graze. Turnpike Lane is a busy cosmopolitan shopping street and an important traffic thoroughfare. Speciality shops remain open until late at night. There are a number of restaurants, including Malaysian, Greek, Indian, Kurdish, Turkish, Chinese, Thai, and Lebanese.

 
 

Turnpike Lane Map

Estimated Price: £559,797
Average Asking Price: £626,955
Price change in last one year: £62,937
Average Price Paid: £403,225
Average Rent Rates: £1,623

 
 

Property Prices Breakdown in Turnpike Lane

Average Price for property in Turnpike Lane is around £559,797 which varies based on type of property you are interested in and ranges from £1,468,519 for detached house to around £1,168,749 for semi-detached. Similarly terraced house is around £735,764 and a flat is worth £407,481. Values have been changing and have risen £7,499 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,605 in last 6 months, £62,937 in last 1 year, £117,740 in last 2 years, £129,891 in last 3 years, £134,761 in last 4 years and £151,351 in last 5 years.

Currently average asking price of a property in Turnpike Lane is around £626,955 based on approximately 251 properties for sale. Same is the case with rental options based on 278 properties up for rent, average asking rent is around £1,623 per month.

Estimated property value in Turnpike Lane is £559,797. Average asking price is £626,955 while average price paid is £481,939 which is up by £62,937 and Avg. asking rent £1,623.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 Turnpike Lane area. In last 1 year alone average price buyer paid is around £481,939 based on approximately 251 sales in Turnpike Lane area alone. If you compare it to last 3 years sales of 742 properties where buyers paid around £435,222. 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 £403,225 for 1,198 and average amount paid for purchase of approx. 1,506 properties sold in last 7 years comes to about £387,560 per sale.

 
 

Properties For Sale in Turnpike Lane

 
 

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 £249,999, £584,279 for a 2 bedroom house, £692,618 for a 3 bedroom house, £969,279 for a 4 bedroom house and £1,414,996 for a 5 bedroom house. For a flat similarly the prices varies from £333,824 for a single bedroom to £487,843 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £529,490 and £550,000 for a 4 bedroom flat. To sum up the asking prices for properties in Turnpike Lane it comes to around average £331,358 for 1 bedroom property, £498,390 for 2 bedroom, £636,367 for 3 bedroom, £941,327 for 4 bedroom and £1,414,996 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 £748 for 1 bedroom to £1,746 for 2 bedrooms, £2,206 for 3 bedrooms, £2,970 for 4 bedrooms and £3,185 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,238. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,594, £2,074 for 3 bedroom and £2,600 for 4 bedroom. You should be generally be expecting around average £1,211 rent per month for single bedroom property, £1,627 for 2 bedroom, £2,099 for 3 bedroom, £2,933 for 4 bedroom and approximately £3,185 for a 5 bedroom property in Turnpike Lane area.

Popular Houses in Turnpike Lane

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.

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