Area Guide For Enfield

The London Borough of Enfield  is a London district in north London, England. It fringes the London Boroughs of Barnet, Haringey and Waltham Forest, the locale of Hertsmere, Welwyn Hatfield and Broxbourne in Hertfordshire, and Epping Forest in Essex. The neighborhood power is Enfield London Borough Council. 

The Borough's Civic Center is found in Silver Street, Enfield Town and is home to the Council. 

In 2007, Enfield Town focus finished a noteworthy redevelopment extend under the name Palace Exchange while holding the Palace Gardens Shopping Center. An expansion was added to the current retail range with numerous new shops, and a second multi-story auto park was fabricated alongside another street format. 


Enfield Map

Estimated Price: £355,710
Average Asking Price: £460,316
Price change in last one year: £40,461
Average Price Paid: £268,167
Average Rent Rates: £1,816


Property Prices Breakdown in Enfield

Average Price for property in Enfield is around £355,710 which varies based on type of property you are interested in and ranges from £692,253 for detached house to around £456,276 for semi-detached. Similarly terraced house is around £355,864 and a flat is worth £247,004. Values have been changing and have risen £4,593 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,877 in last 6 months, £40,461 in last 1 year, £63,921 in last 2 years, £72,868 in last 3 years, £69,779 in last 4 years and £74,736 in last 5 years.

Currently average asking price of a property in Enfield is around £460,316 based on approximately 1,490 properties for sale. Same is the case with rental options based on 323 properties up for rent, average asking rent is around £1,816 per month.

Estimated property value in Enfield is £355,710. Average asking price is £460,316 while average price paid is £299,060 which is up by £40,461 and Avg. asking rent £1,816.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 Enfield area. In last 1 year alone average price buyer paid is around £299,060 based on approximately 1,490 sales in Enfield area alone. If you compare it to last 3 years sales of 4,315 properties where buyers paid around £276,026. 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 £268,167 for 6,892 and average amount paid for purchase of approx. 9,505 properties sold in last 7 years comes to about £259,437 per sale.


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 £198,999, £353,321 for a 2 bedroom house, £400,525 for a 3 bedroom house, £611,863 for a 4 bedroom house and £872,793 for a 5 bedroom house. For a flat similarly the prices varies from £201,291 for a single bedroom to £286,109 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £419,668 and £559,862 for a 4 bedroom flat. To sum up the asking prices for properties in Enfield it comes to around average £201,005 for 1 bedroom property, £303,752 for 2 bedroom, £402,217 for 3 bedroom, £609,326 for 4 bedroom and £872,793 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 £607 for 1 bedroom to £1,291 for 2 bedrooms, £1,535 for 3 bedrooms, £1,912 for 4 bedrooms and £3,949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £939. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,235, £1,519 for 3 bedroom and £1,751 for 4 bedroom. You should be generally be expecting around average £882 rent per month for single bedroom property, £1,244 for 2 bedroom, £1,531 for 3 bedroom, £1,903 for 4 bedroom and approximately £3,949 for a 5 bedroom property in Enfield area.

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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