Values have been changing and have risen £2,494 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,057 in last 6 months, £29,934 in last 1 year, £51,120 in last 2 years, £65,024 in last 3 years, £62,871 in last 4 years and £64,617 in last 5 years.
Currently average asking price of a property in Hoe Lane, Enfield, EN1 is around £393,663 based on approximately 2 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £1,591 per month.
Estimated property value in Hoe Lane, Enfield, EN1 is £321,127. Average asking price is £393,663 while average price paid is £298,000 which is up by £29,934 and Avg. asking rent £1,591.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 Hoe Lane, Enfield, EN1 area. In last 1 year alone average price buyer paid is around £298,000 based on approximately 2 sales in Hoe Lane, Enfield, EN1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £253,357. 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 £242,555 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £232,321 per sale.