Arnos Grove

Value for Money Neighbourhood for Professionals

Area Guide For Arnos Grove

Located in the London Borough of Enfield, Arnos Grove was traditionally undeveloped and largely rural. It was in the 1920s that the Southgate Urban District Council started working on the area and the Arnos Park was developed. The area underwent major development over the decades and is great value for money neighbourhood today. A lot of professionals move here for low housing prices and cheap rents. Some of the neighbouring areas include Southgate, Bounds Green and Alexandra Palace.

 
 

Tags

Transport
Parks
Professionals
Cheap Housing
Low Rents

Overview

  • The Neighbors

    Most residents of Arnos Grove are in their 30s, and you'll mainly find singles and married couples with a few families. Cheap flats, for sale and for rent can easily be found.

  • Ideal for

    Professionals and couples.

  • Deal Sealer

    Cheap housing and rents.

  • Not for

    Mature families looking for a neighbourhood to settle in.

  • You will Like

    Nearby Parks, fair transportation links and Bowes Road Library.

Arnos Grove Map

Estimated Price: £511,511
Average Asking Price: £557,604
Price change in last one year: £57,692
Average Price Paid: £362,977
Average Rent Rates: £1,602

 
 

Property Prices Breakdown in Arnos Grove

Average Price for property in Arnos Grove is around £511,511 which varies based on type of property you are interested in and ranges from £864,313 for detached house to around £663,429 for semi-detached. Similarly terraced house is around £508,651 and a flat is worth £307,954. Values have been changing and have risen £3,997 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,635 in last 6 months, £57,692 in last 1 year, £105,619 in last 2 years, £119,231 in last 3 years, £120,085 in last 4 years and £135,545 in last 5 years.

Currently average asking price of a property in Arnos Grove is around £557,604 based on approximately 227 properties for sale. Same is the case with rental options based on 129 properties up for rent, average asking rent is around £1,602 per month.

Estimated property value in Arnos Grove is £511,511. Average asking price is £557,604 while average price paid is £434,686 which is up by £57,692 and Avg. asking rent £1,602.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 Arnos Grove area. In last 1 year alone average price buyer paid is around £434,686 based on approximately 227 sales in Arnos Grove area alone. If you compare it to last 3 years sales of 732 properties where buyers paid around £381,871. 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 £362,977 for 1,153 and average amount paid for purchase of approx. 1,595 properties sold in last 7 years comes to about £344,516 per sale.

 
 

Properties For Sale in Arnos Grove

 
 

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 £451,414, £557,027 for a 3 bedroom house, £782,712 for a 4 bedroom house and £782,500 for a 5 bedroom house. For a flat similarly the prices varies from £279,975 for a single bedroom to £347,715 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £358,308. To sum up the asking prices for properties in Arnos Grove it comes to around average £279,975 for 1 bedroom property, £372,746 for 2 bedroom, £520,896 for 3 bedroom, £782,712 for 4 bedroom and £782,500 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 £1,051 for 1 bedroom to £1,525 for 2 bedrooms, £1,849 for 3 bedrooms, £2,316 for 4 bedrooms and £2,560 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,065. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,537 and £1,600 for 3 bedroom. You should be generally be expecting around average £1,064 rent per month for single bedroom property, £1,536 for 2 bedroom, £1,738 for 3 bedroom, £2,316 for 4 bedroom and approximately £2,560 for a 5 bedroom property in Arnos Grove area.

Popular Houses in Arnos Grove

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 Arnos Grove

Sum it all up

 The Good

- Cheap housing
- Low rents
- Fair transportation
- Nearby parks

 Best For

- Professionals
- Working couples
- Young Families

 The Bad

- Lack of good schools
- Can be dull at times
- No high-end shops or restaurants

Transportation in Arnos Grove

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