Bounds Green

Affordable with good Tube links

Area Guide For Bounds Green

Bounds Green is primarily a residential area near the famous Wood Green. It may not be as struck as its neighbour, but the property here has beautiful architecture, the local transportation system is apt, leisure, sports and entertainment facilities are excellent and best of all the prices are comparatively lower.

 
 

Tags

Schools
Pubs
Restaurants
Houses
Park life
Shops
Transportation

Overview

  • The Neighbors

    Essentially a family community, Bounds Green is diverse in property type ranging from Victorian and Edwardian terraces through to 1930s semi detached houses.

  • Ideal for

    Families, First Time Buyers, Commuters

  • Deal Sealer

    Transportation Links

  • Not for

    Families looking to settle down near quality state schools

  • You will Like

    Sports fields, Shopping Parades, Pubs and Restaurants

Bounds Green Map

Estimated Price: £591,462
Average Asking Price: £593,949
Price change in last one year: £64,834
Average Price Paid: £429,052
Average Rent Rates: £1,635

 
 

Property Prices Breakdown in Bounds Green

Average Price for property in Bounds Green is around £591,462 which varies based on type of property you are interested in and ranges from £907,144 for detached house to around £854,634 for semi-detached. Similarly terraced house is around £754,469 and a flat is worth £351,434. Values have been changing and have risen £7,634 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,007 in last 6 months, £64,834 in last 1 year, £113,502 in last 2 years, £134,118 in last 3 years, £142,086 in last 4 years and £151,012 in last 5 years.

Currently average asking price of a property in Bounds Green is around £593,949 based on approximately 307 properties for sale. Same is the case with rental options based on 152 properties up for rent, average asking rent is around £1,635 per month.

Estimated property value in Bounds Green is £591,462. Average asking price is £593,949 while average price paid is £496,900 which is up by £64,834 and Avg. asking rent £1,635.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 Bounds Green area. In last 1 year alone average price buyer paid is around £496,900 based on approximately 307 sales in Bounds Green area alone. If you compare it to last 3 years sales of 909 properties where buyers paid around £445,086. 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 £429,052 for 1,409 and average amount paid for purchase of approx. 1,901 properties sold in last 7 years comes to about £407,276 per sale.

 
 

Properties For Sale in Bounds Green

 
 

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 £454,977, £567,622 for a 3 bedroom house, £1,169,081 for a 4 bedroom house and £1,101,492 for a 5 bedroom house. For a flat similarly the prices varies from £340,742 for a single bedroom to £361,754 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £528,123. To sum up the asking prices for properties in Bounds Green it comes to around average £340,742 for 1 bedroom property, £375,940 for 2 bedroom, £550,196 for 3 bedroom, £1,169,081 for 4 bedroom and £1,101,492 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 £1,187 for 1 bedroom to £1,417 for 2 bedrooms, £2,219 for 3 bedrooms, £2,630 for 4 bedrooms and £3,376 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,073. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,472, £1,707 for 3 bedroom and £3,142 for 4 bedroom. You should be generally be expecting around average £1,080 rent per month for single bedroom property, £1,469 for 2 bedroom, £2,039 for 3 bedroom, £2,740 for 4 bedroom and approximately £3,376 for a 5 bedroom property in Bounds Green area.

Popular Houses in Bounds Green

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 Bounds Green

Sum it all up

 The Good

- Variety in Housing
- Great Community Spirit
- Reasonable Prices
- Transportation System
- Shopping Amenities
- Park Life
- Sports Facilities

 Best For

- Families
- Professionals
- Commuters


 

 The Bad

 - Lack of Local Schools

Transportation in Bounds Green

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