Highgate

A relatively posh neighbourhood with historic and cultural value

Area Guide For Highgate

Highgate comes under three boroughs, Camden, Islington and Haringey, which makes it a unique neighbourhood. The area is marked by affluent residents, a lot of historic value and some great architecture, all of which is reflected in the steep property prices in Highgate. 

 
 

Tags

Peaceful – Greenery – Family Friendly – Good Transport – Affluent

Overview

  • The Neighbors

    Mainly Georgian and Victorian buildings with leafy streets.

  • Ideal for

    Wealthy families and professionals.

  • Deal Sealer

    Lots of greenery and parks.

  • Not for

    People looking for cheap neighbourhoods.

  • You will Like

    Things to do.

Highgate Map

Estimated Price: £1,406,056
Average Asking Price: £1,989,755
Price change in last one year: £166,803
Average Price Paid: £868,036
Average Rent Rates: £2,973

 
 

Property Prices Breakdown in Highgate

Average Price for property in Highgate is around £1,406,056 which varies based on type of property you are interested in and ranges from £4,502,127 for detached house to around £2,152,679 for semi-detached. Similarly terraced house is around £1,433,183 and a flat is worth £703,695. Values have been changing and have risen £18,367 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £50,577 in last 6 months, £166,803 in last 1 year, £289,977 in last 2 years, £328,329 in last 3 years, £352,792 in last 4 years and £377,721 in last 5 years.

Currently average asking price of a property in Highgate is around £1,989,755 based on approximately 249 properties for sale. Same is the case with rental options based on 218 properties up for rent, average asking rent is around £2,973 per month.

Estimated property value in Highgate is £1,406,056. Average asking price is £1,989,755 while average price paid is £1,186,766 which is up by £166,803 and Avg. asking rent £2,973.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 Highgate area. In last 1 year alone average price buyer paid is around £1,186,766 based on approximately 249 sales in Highgate area alone. If you compare it to last 3 years sales of 872 properties where buyers paid around £914,096. 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 £868,036 for 1,430 and average amount paid for purchase of approx. 1,859 properties sold in last 7 years comes to about £839,903 per sale.

 
 

Properties For Sale in Highgate

 
 

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 £735,000, £549,983 for a 2 bedroom house, £1,576,000 for a 3 bedroom house, £1,726,298 for a 4 bedroom house and £2,504,086 for a 5 bedroom house. For a flat similarly the prices varies from £456,737 for a single bedroom to £647,243 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,062,265, £1,150,000 for a 4 bedroom flat and £2,999,994 for a 5 bedroom flat. To sum up the asking prices for properties in Highgate it comes to around average £474,128 for 1 bedroom property, £642,212 for 2 bedroom, £1,150,840 for 3 bedroom, £1,702,285 for 4 bedroom and £2,740,233 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 £1,376 for 1 bedroom to £3,225 for 2 bedrooms, £5,911 for 3 bedrooms, £4,440 for 4 bedrooms and £8,358 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,359. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,893, £3,972 for 3 bedroom, £3,970 for 4 bedroom and around £8,450 for 5 bedroom flat. You should be generally be expecting around average £1,360 rent per month for single bedroom property, £2,019 for 2 bedroom, £4,383 for 3 bedroom, £4,306 for 4 bedroom and approximately £8,398 for a 5 bedroom property in Highgate area.

Popular Houses in Highgate

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 Highgate

Sum it all up

 The Good

-Greenery and Parks
 -Lots of places to see
-Good arts scene
-Good Schools
-Good transport

 Best For

-Wealthy Families
- Successful professionals

 The Bad

-Expensive housing
-Can be a little dull for some people

Transportation in Highgate

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