Edmonton

Area Guide For Edmonton

Edmonton is an area in the East of the London Borough of Enfield. The area has transformed incredibly from a predominantly white, working class industrial suburb into a multicultural society, it is said that up to 5000 new homes along with luxury apartments and 3000 new jobs will be created by 2026.

 
 

Edmonton Map

Estimated Price: £286,201
Average Asking Price: £305,174
Price change in last one year: £30,828
Average Price Paid: £208,019
Average Rent Rates: £1,523

 
 

Property Prices Breakdown in Edmonton

Average Price for property in Edmonton is around £286,201 which varies based on type of property you are interested in and ranges from £362,083 for detached house to around £351,546 for semi-detached. Similarly terraced house is around £313,226 and a flat is worth £194,499. Values have been changing and have risen £3,089 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,694 in last 6 months, £30,828 in last 1 year, £56,127 in last 2 years, £65,702 in last 3 years, £66,553 in last 4 years and £71,401 in last 5 years.

Currently average asking price of a property in Edmonton is around £305,174 based on approximately 599 properties for sale. Same is the case with rental options based on 154 properties up for rent, average asking rent is around £1,523 per month.

Estimated property value in Edmonton is £286,201. Average asking price is £305,174 while average price paid is £232,798 which is up by £30,828 and Avg. asking rent £1,523.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 Edmonton area. In last 1 year alone average price buyer paid is around £232,798 based on approximately 599 sales in Edmonton area alone. If you compare it to last 3 years sales of 1,610 properties where buyers paid around £215,986. 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 £208,019 for 2,604 and average amount paid for purchase of approx. 3,743 properties sold in last 7 years comes to about £204,347 per sale.

 
 

Properties For Sale in Edmonton

 
 

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 £289,995, £273,987 for a 2 bedroom house, £327,960 for a 3 bedroom house, £372,095 for a 4 bedroom house and £547,128 for a 5 bedroom house. For a flat similarly the prices varies from £155,820 for a single bedroom to £225,635 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £238,179 and £220,000 for a 4 bedroom flat. To sum up the asking prices for properties in Edmonton it comes to around average £162,209 for 1 bedroom property, £239,066 for 2 bedroom, £318,643 for 3 bedroom, £364,490 for 4 bedroom and £547,128 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 £677 for 1 bedroom to £1,347 for 2 bedroom, £1,628 for 3 bedroom and £1,708 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £923. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,202 and £1,364 for 3 bedroom. You should be generally be expecting around average £858 rent per month for single bedroom property, £1,249 for 2 bedroom, £1,574 for 3 bedroom and approximately £1,708 for 4 bedroom property in Edmonton area.

Popular Houses in Edmonton

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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