Noel Park

Area Guide For Noel Park

Noel Park in London is a late 19th to early 20th century planned community consisting of 2,200 model dwellings. It was once developed in open countryside to the North of London in the valley of the River Moselle, hallway between the historic villages of Highgate and Tottenham. One of the earliest garden suburbs in the world, Noal Park was designed to provide affordable housing for working/middle class families wishing to leave the inner city; every property contains a front and rear garden. Still not slowing down Noel park is continuing on with development and prospering in its surrounding area.

 
 

Noel Park Map

Estimated Price: £404,413
Average Asking Price: £432,936
Price change in last one year: £46,746
Average Price Paid: £287,631
Average Rent Rates: £1,459

 
 

Property Prices Breakdown in Noel Park

Average Price for property in Noel Park is around £404,413 which varies based on type of property you are interested in and ranges from £592,880 for detached house to around £498,195 for semi-detached. Similarly terraced house is around £461,747 and a flat is worth £307,363. Values have been changing and have risen £5,309 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,605 in last 6 months, £46,746 in last 1 year, £80,864 in last 2 years, £88,200 in last 3 years, £96,461 in last 4 years and £106,074 in last 5 years.

Currently average asking price of a property in Noel Park is around £432,936 based on approximately 196 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £1,459 per month.

Estimated property value in Noel Park is £404,413. Average asking price is £432,936 while average price paid is £355,468 which is up by £46,746 and Avg. asking rent £1,459.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 Noel Park area. In last 1 year alone average price buyer paid is around £355,468 based on approximately 196 sales in Noel Park area alone. If you compare it to last 3 years sales of 537 properties where buyers paid around £307,714. 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 £287,631 for 882 and average amount paid for purchase of approx. 1,188 properties sold in last 7 years comes to about £276,952 per sale.

 
 

Properties For Sale in Noel 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 2 bedroom is around £437,050, £527,171 for a 3 bedroom house and £608,916 for a 4 bedroom house. For a flat similarly the prices varies from £279,536 for a single bedroom to £357,267 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £364,603. To sum up the asking prices for properties in Noel Park it comes to around average £279,536 for 1 bedroom property, £377,637 for 2 bedroom, £474,336 for 3 bedroom and £608,916 for 4 bedroom.

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 £674 for 1 bedroom to £1,517 for 2 bedrooms, £1,458 for 3 bedrooms, £2,231 for 4 bedrooms and £2,272 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £987. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,372, £1,624 for 3 bedroom and £1,798 for 4 bedroom. You should be generally be expecting around average £899 rent per month for single bedroom property, £1,379 for 2 bedroom, £1,532 for 3 bedroom, £2,153 for 4 bedroom and approximately £2,272 for a 5 bedroom property in Noel Park area.

Popular Houses in Noel 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.

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