Hendon

Area Guide For Hendon

Hendon is a London suburb situated in the London Borough of Barnet. A vibrant multicultural area with a large Jewish community; every Sunday, Brent Street comes alive with people socialising and sampling the delights of the bagel bakeries and cafés. A great location for commuters in and out of London, welcoming, quite and clean. Hendon has a property average price of 11.1% below the London average and similarly 142.3% lower when considering renting a property, making it around £400 cheaper a week.

 
 

Hendon Map

Estimated Price: £688,813
Average Asking Price: £920,320
Price change in last one year: £91,023
Average Price Paid: £478,049
Average Rent Rates: £2,522

 
 

Property Prices Breakdown in Hendon

Average Price for property in Hendon is around £688,813 which varies based on type of property you are interested in and ranges from £1,263,848 for detached house to around £807,526 for semi-detached. Similarly terraced house is around £633,800 and a flat is worth £426,255. Values have been changing and have risen £16,461 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £43,359 in last 6 months, £91,023 in last 1 year, £138,041 in last 2 years, £181,576 in last 3 years, £180,967 in last 4 years and £205,701 in last 5 years.

Currently average asking price of a property in Hendon is around £920,320 based on approximately 344 properties for sale. Same is the case with rental options based on 878 properties up for rent, average asking rent is around £2,522 per month.

Estimated property value in Hendon is £688,813. Average asking price is £920,320 while average price paid is £520,102 which is up by £91,023 and Avg. asking rent £2,522.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 Hendon area. In last 1 year alone average price buyer paid is around £520,102 based on approximately 344 sales in Hendon area alone. If you compare it to last 3 years sales of 1,134 properties where buyers paid around £495,070. 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 £478,049 for 1,943 and average amount paid for purchase of approx. 2,562 properties sold in last 7 years comes to about £462,410 per sale.

 
 

Properties For Sale in Hendon

 
 

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 £208,167, £593,835 for a 2 bedroom house, £803,551 for a 3 bedroom house, £1,017,865 for a 4 bedroom house and £1,522,275 for a 5 bedroom house. For a flat similarly the prices varies from £330,414 for a single bedroom to £465,028 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £747,240, £641,238 for a 4 bedroom flat and £450,000 for a 5 bedroom flat. To sum up the asking prices for properties in Hendon it comes to around average £320,226 for 1 bedroom property, £474,178 for 2 bedroom, £773,913 for 3 bedroom, £997,778 for 4 bedroom and £1,506,271 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 £783 for 1 bedroom to £2,092 for 2 bedrooms, £2,564 for 3 bedrooms, £3,755 for 4 bedrooms and £4,366 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,132. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,643, £2,587 for 3 bedroom and £3,252 for 4 bedroom. You should be generally be expecting around average £1,079 rent per month for single bedroom property, £1,738 for 2 bedroom, £2,577 for 3 bedroom, £3,726 for 4 bedroom and approximately £4,366 for a 5 bedroom property in Hendon area.

Popular Houses in Hendon

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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