Ferndale Road, Enfield, EN3

Street Guide For Ferndale Road, Enfield, EN3

 

Ferndale Road, Enfield, EN3 Map

Estimated Price: £279,882
Average Asking Price: £341,456
Price change in last one year: £29,313
Average Price Paid: £196,584
Average Rent Rates: £1,992

 

Property Prices Breakdown in Ferndale Road, Enfield, EN3

Average Price for property in Ferndale Road, Enfield, EN3 is around £279,882 which varies based on type of property you are interested in and ranges from £322,730 for detached house to around £317,970 for semi-detached. Similarly terraced house is around £296,016 and a flat is worth £203,891. Values have been changing and have risen £2,895 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,803 in last 6 months, £29,313 in last 1 year, £44,890 in last 2 years, £54,750 in last 3 years, £52,074 in last 4 years and £55,460 in last 5 years.

Currently average asking price of a property in Ferndale Road, Enfield, EN3 is around £341,456 based on approximately 2 properties for sale. Same is the case with rental options based on 129 properties up for rent, average asking rent is around £1,992 per month.

Estimated property value in Ferndale Road, Enfield, EN3 is £279,882. Average asking price is £341,456 while average price paid is £144,250 which is up by £29,313 and Avg. asking rent £1,992.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 Ferndale Road, Enfield, EN3 area. In last 1 year alone average price buyer paid is around £144,250 based on approximately 2 sales in Ferndale Road, Enfield, EN3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £192,916. 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 £196,584 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £201,706 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 £201,249, £291,529 for a 2 bedroom house, £327,387 for a 3 bedroom house, £384,997 for a 4 bedroom house and £518,323 for a 5 bedroom house. For a flat similarly the prices varies from £159,939 for a single bedroom to £203,953 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £229,998 and £300,000 for a 4 bedroom flat. To sum up the asking prices for properties in Ferndale Road, Enfield, EN3 it comes to around average £167,124 for 1 bedroom property, £233,145 for 2 bedroom, £324,824 for 3 bedroom, £379,685 for 4 bedroom and £518,323 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 £616 for 1 bedroom to £1,232 for 2 bedroom, £1,424 for 3 bedroom and £1,712 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £886. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,151 and £1,337 for 3 bedroom. You should be generally be expecting around average £802 rent per month for single bedroom property, £1,162 for 2 bedroom, £1,409 for 3 bedroom and approximately £1,712 for 4 bedroom property in Ferndale Road, Enfield, EN3 area.

Popular Houses in Ferndale Road, Enfield, EN3

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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