Forty Hill, Enfield, EN2

Street Guide For Forty Hill, Enfield, EN2

 

Forty Hill, Enfield, EN2 Map

Estimated Price: £666,518
Average Asking Price: £640,606
Price change in last one year: £63,631
Average Price Paid: £681,800
Average Rent Rates: £1,925

 

Property Prices Breakdown in Forty Hill, Enfield, EN2

Average Price for property in Forty Hill, Enfield, EN2 is around £666,518 which varies based on type of property you are interested in and ranges from £1,509,964 for detached house to around £777,174 for semi-detached. Similarly terraced house is around £439,388 and a flat is worth £472,449. Values have been changing and have risen £6,459 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,629 in last 6 months, £63,631 in last 1 year, £110,966 in last 2 years, £131,603 in last 3 years, £127,325 in last 4 years and £137,660 in last 5 years.

Currently average asking price of a property in Forty Hill, Enfield, EN2 is around £640,606 based on approximately 2 properties for sale. Same is the case with rental options based on 72 properties up for rent, average asking rent is around £1,925 per month.

Estimated property value in Forty Hill, Enfield, EN2 is £666,518. Average asking price is £640,606 while average price paid is £295,000 which is up by £63,631 and Avg. asking rent £1,925.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 Forty Hill, Enfield, EN2 area. In last 1 year alone average price buyer paid is around £295,000 based on approximately 2 sales in Forty Hill, Enfield, EN2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £385,000. 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 £681,800 for 5 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £419,937 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 2 bedroom is around £417,925, £539,086 for a 3 bedroom house, £776,344 for a 4 bedroom house and £1,124,992 for a 5 bedroom house. For a flat similarly the prices varies from £275,992 for a single bedroom to £343,829 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £394,975 and £646,483 for a 4 bedroom flat. To sum up the asking prices for properties in Forty Hill, Enfield, EN2 it comes to around average £275,992 for 1 bedroom property, £364,479 for 2 bedroom, £524,675 for 3 bedroom, £764,886 for 4 bedroom and £1,124,992 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 £1,286 for 2 bedroom to £1,832 for 3 bedroom, £3,111 for 4 bedroom and £3,949 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £907. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,283 and £1,774 for 3 bedroom. You should be generally be expecting around average £907 rent per month for single bedroom property, £1,284 for 2 bedroom, £1,797 for 3 bedroom, £3,111 for 4 bedroom and approximately £3,949 for a 5 bedroom property in Forty Hill, Enfield, EN2 area.

Popular Houses in Forty Hill, Enfield, EN2

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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