Alexandra Palace

Victorian Era Recreation Hub

Area Guide For Alexandra Palace

The Victorian era Alexandra Palace is one of London's iconic buildings, located in Alexandra Park. It's a public centre for entertainment, education and a major recreation spot for local residents. You can go ice-skating during the day and enjoy discos in the evening. There is also an outdoor terrace and eating options, a boating lake and a Sunday Farmers' Market in the grounds with about 30 producers showing up every weekend. Currently almost half of the building is not open to public and there are plans for the structure's regeneration over the coming years.

 
 

Tags

Entertainment
Park
Schools
Recreation

Overview

  • The Neighbors

    The neighbourhood is mainly hilly, with hedge-lined streets and greenery. You'll mostly find Edwardian terraces and as demand goes up, prices are also increasing.

  • Ideal for

    Families: Great schools nearby, especially in Muswell Hill.

  • Deal Sealer

    Alexandra Palace: The public recreation, entertainment and education venue.

  • Not for

    People looking for excellent transportation: The nearest tube stations are Wood Green and Bounds Green.

  • You will Like

    Greenery, peaceful surroundings, recreation options and Alexandra Park.

Alexandra Palace Map

Estimated Price: £624,106
Average Asking Price: £582,971
Price change in last one year: £72,193
Average Price Paid: £444,171
Average Rent Rates: £1,242

 
 

Property Prices Breakdown in Alexandra Palace

Average Price for property in Alexandra Palace is around £624,106 which varies based on type of property you are interested in and ranges from £1,241,789 for detached house to around £1,282,579 for semi-detached. Similarly terraced house is around £849,721 and a flat is worth £429,871. Values have been changing and have risen £8,198 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £22,554 in last 6 months, £72,193 in last 1 year, £124,882 in last 2 years, £136,210 in last 3 years, £148,965 in last 4 years and £163,806 in last 5 years.

Currently average asking price of a property in Alexandra Palace is around £582,971 based on approximately 219 properties for sale. Same is the case with rental options based on 102 properties up for rent, average asking rent is around £1,242 per month.

Estimated property value in Alexandra Palace is £624,106. Average asking price is £582,971 while average price paid is £540,097 which is up by £72,193 and Avg. asking rent £1,242.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 Alexandra Palace area. In last 1 year alone average price buyer paid is around £540,097 based on approximately 219 sales in Alexandra Palace area alone. If you compare it to last 3 years sales of 710 properties where buyers paid around £473,694. 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 £444,171 for 1,150 and average amount paid for purchase of approx. 1,451 properties sold in last 7 years comes to about £426,308 per sale.

 
 

Properties For Sale in Alexandra Palace

 
 

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 £528,738, £640,528 for a 3 bedroom house, £914,983 for a 4 bedroom house and £1,236,875 for a 5 bedroom house. For a flat similarly the prices varies from £305,349 for a single bedroom to £464,058 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £749,994 and £550,000 for a 4 bedroom flat. To sum up the asking prices for properties in Alexandra Palace it comes to around average £305,349 for 1 bedroom property, £475,306 for 2 bedroom, £695,261 for 3 bedroom, £878,485 for 4 bedroom and £1,236,875 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 £1,933 for 2 bedroom to £2,600 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,263. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,487 and £1,880 for 3 bedroom. You should be generally be expecting around average £1,262 rent per month for single bedroom property, £1,549 for 2 bedroom, £1,880 for 3 bedroom and approximately £2,600 for 5 bedroom property in Alexandra Palace area.

Popular Houses in Alexandra Palace

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 Alexandra Palace

Sum it all up

 The Good

- Peaceful surroundings
- Greenery
- Alexandra Park and Palace
- Great Schools
- Relatively low prices

 Best For

- Families
- Retirees
 

 The Bad

- No nearby tube stations
- Far from Central London

Transportation in Alexandra Palace

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