Highams Park

Area Guide For Highams Park

Highams Park is a district in the London Borough of Waltham Forest, England.  Most of the park is on a hill with a gradual rise to the north end. Dog walkers, runners and families use it frequently. The parks only facilities are an under-8’s playground and public notice boards. The landscape gardener Humphry Repton who created it by damming the River Ching formed Highams Park. There is a small island in the lake, which is inhabited by nesting swans. Near the top of the lake are some large rocks thought to have been placed there by Humphry Repton to improve the lake's appearance.

 
 

Highams Park Map

Estimated Price: £374,006
Average Asking Price: £339,646
Price change in last one year: £42,257
Average Price Paid: £268,722
Average Rent Rates: £1,569

 
 

Property Prices Breakdown in Highams Park

Average Price for property in Highams Park is around £374,006 which varies based on type of property you are interested in and ranges from £494,384 for detached house to around £459,348 for semi-detached. Similarly terraced house is around £386,224 and a flat is worth £232,818. Values have been changing and have risen £4,257 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,438 in last 6 months, £42,257 in last 1 year, £75,938 in last 2 years, £85,382 in last 3 years, £88,177 in last 4 years and £93,434 in last 5 years.

Currently average asking price of a property in Highams Park is around £339,646 based on approximately 345 properties for sale. Same is the case with rental options based on 63 properties up for rent, average asking rent is around £1,569 per month.

Estimated property value in Highams Park is £374,006. Average asking price is £339,646 while average price paid is £308,052 which is up by £42,257 and Avg. asking rent £1,569.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 Highams Park area. In last 1 year alone average price buyer paid is around £308,052 based on approximately 345 sales in Highams Park area alone. If you compare it to last 3 years sales of 1,085 properties where buyers paid around £281,793. 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 £268,722 for 1,776 and average amount paid for purchase of approx. 2,350 properties sold in last 7 years comes to about £264,051 per sale.

 
 

Properties For Sale in Highams Park

 
 

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 £280,950, £364,439 for a 2 bedroom house, £392,206 for a 3 bedroom house, £469,326 for a 4 bedroom house and £541,667 for a 5 bedroom house. For a flat similarly the prices varies from £221,491 for a single bedroom to £227,466 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £400,000. To sum up the asking prices for properties in Highams Park it comes to around average £229,985 for 1 bedroom property, £257,533 for 2 bedroom, £392,206 for 3 bedroom, £464,993 for 4 bedroom and £541,667 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 £594 for 1 bedroom to £1,507 for 3 bedroom and £1,258 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £794. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,132 and £1,300 for 3 bedroom. You should be generally be expecting around average £765 rent per month for single bedroom property, £1,132 for 2 bedroom, £1,492 for 3 bedroom and approximately £1,258 for 4 bedroom property in Highams Park area.

Popular Houses in Highams Park

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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