Finchley

A Suburban and Affordable Location

Area Guide For Finchley

Although only seven miles away from the city centre, Finchley maintains its unique   identity as a beautiful suburb with streets line with trees, beautiful houses and green open spaces, an ideal setting for people who want to get away from the hustle and bustle of normal day’s life in London

 
 

Tags

Transport
Schools
Pubs
Housing
High Street
Shopping

Overview

  • The Neighbors

    Finchley is divided into four parts – north, south, east and west – with each having its own unique architectural style.

  • Ideal for

    Young Professionals, Families, Retirees, Authors, Actors and Journalists

  • Deal Sealer

    Green Spaces, Community Spirit, Calm

  • Not for

    Commuters

  • You will Like

    Range of Houses both in terms of price and variety, Artsdepot, Phoenix Cinema, Trinity Church, Art Deco public library

Finchley Map

Estimated Price: £759,752
Average Asking Price: £1,902,104
Price change in last one year: £82,080
Average Price Paid: £540,645
Average Rent Rates: £3,365

 
 

Property Prices Breakdown in Finchley

Average Price for property in Finchley is around £759,752 which varies based on type of property you are interested in and ranges from £2,211,298 for detached house to around £956,143 for semi-detached. Similarly terraced house is around £700,849 and a flat is worth £439,191. Values have been changing and have risen £9,614 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £26,519 in last 6 months, £82,080 in last 1 year, £148,979 in last 2 years, £173,579 in last 3 years, £176,908 in last 4 years and £200,319 in last 5 years.

Currently average asking price of a property in Finchley is around £1,902,104 based on approximately 812 properties for sale. Same is the case with rental options based on 640 properties up for rent, average asking rent is around £3,365 per month.

Estimated property value in Finchley is £759,752. Average asking price is £1,902,104 while average price paid is £644,901 which is up by £82,080 and Avg. asking rent £3,365.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 Finchley area. In last 1 year alone average price buyer paid is around £644,901 based on approximately 812 sales in Finchley area alone. If you compare it to last 3 years sales of 2,626 properties where buyers paid around £572,143. 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 £540,645 for 4,403 and average amount paid for purchase of approx. 5,731 properties sold in last 7 years comes to about £521,263 per sale.

 
 

Properties For Sale in Finchley

 
 

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 £159,970, £746,350 for a 2 bedroom house, £802,510 for a 3 bedroom house, £1,543,364 for a 4 bedroom house and £1,932,831 for a 5 bedroom house. For a flat similarly the prices varies from £284,994 for a single bedroom to £433,415 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £825,349, £6,883,333 for a 4 bedroom flat and £5,625,000 for a 5 bedroom flat. To sum up the asking prices for properties in Finchley it comes to around average £269,366 for 1 bedroom property, £455,202 for 2 bedroom, £813,681 for 3 bedroom, £1,938,917 for 4 bedroom and £2,050,043 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 £994 for 1 bedroom to £2,402 for 2 bedrooms, £2,346 for 3 bedrooms, £3,641 for 4 bedrooms and £4,763 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,049. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,541, £2,162 for 3 bedroom and £2,408 for 4 bedroom. You should be generally be expecting around average £1,043 rent per month for single bedroom property, £1,587 for 2 bedroom, £2,241 for 3 bedroom, £3,583 for 4 bedroom and approximately £4,763 for a 5 bedroom property in Finchley area.

Popular Houses in Finchley

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 Finchley

Sum it all up

 The Good

-Excellent Commutation
- Ethnically Diverse Area
- Good Restaurants
- Good Pubs
- Variety in Housing
- Reasonable Prices

 Best For

-Families
-Singles
- Commuters
- Students
- Retirees

 The Bad

 - Small Houses

Transportation in Finchley

Browse by Streets in Finchley