Finsbury Park

Home to London's Largest Housing Regeneration Project

Area Guide For Finsbury Park

Home to a eclectic selection of  pubs, bars, shops, cafes, restaurants and one of the largest parks, if not the biggest in London, Finsbury Park, has a wide range of newly built houses and flats which can be afforded by middle and high middle class. The massive regeneration coupled with huge investment in this area has made it a major attraction for families and professionals living inside London.

 
 

Tags

Schools in Finsbury Park
shops
restaurants
parks and leisure facilities

Overview

  • The Neighbors

    Finsbury Park is primarily a residential area, with the roads leading away from Finsbury Park station home to predominantly Victorian terraced housing. There are a few council housing estates in the area as well.

  • Ideal for

    Young Professionals, Families

  • Deal Sealer

    Pubs, Clubs and Entertainment

  • Not for

    Families looking to settle down near quality state schools

  • You will Like

    Sports fields, Shopping Parades, Pubs and Restaurants

Finsbury Park Map

Estimated Price: £514,934
Average Asking Price: £507,527
Price change in last one year: £58,746
Average Price Paid: £375,137
Average Rent Rates: £1,585

 
 

Property Prices Breakdown in Finsbury Park

Average Price for property in Finsbury Park is around £514,934 which varies based on type of property you are interested in and ranges from £1,862,991 for detached house to around £932,985 for semi-detached. Similarly terraced house is around £635,196 and a flat is worth £404,482. Values have been changing and have risen £7,036 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,324 in last 6 months, £58,746 in last 1 year, £106,894 in last 2 years, £125,613 in last 3 years, £128,015 in last 4 years and £143,672 in last 5 years.

Currently average asking price of a property in Finsbury Park is around £507,527 based on approximately 693 properties for sale. Same is the case with rental options based on 494 properties up for rent, average asking rent is around £1,585 per month.

Estimated property value in Finsbury Park is £514,934. Average asking price is £507,527 while average price paid is £464,227 which is up by £58,746 and Avg. asking rent £1,585.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 Finsbury Park area. In last 1 year alone average price buyer paid is around £464,227 based on approximately 693 sales in Finsbury Park area alone. If you compare it to last 3 years sales of 2,422 properties where buyers paid around £392,143. 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 £375,137 for 3,626 and average amount paid for purchase of approx. 4,523 properties sold in last 7 years comes to about £359,904 per sale.

 
 

Properties For Sale in Finsbury Park

 
 

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 £411,500, £554,213 for a 2 bedroom house, £649,185 for a 3 bedroom house, £828,177 for a 4 bedroom house and £1,270,612 for a 5 bedroom house. For a flat similarly the prices varies from £393,960 for a single bedroom to £523,987 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £634,674 and £542,500 for a 4 bedroom flat. To sum up the asking prices for properties in Finsbury Park it comes to around average £394,541 for 1 bedroom property, £528,078 for 2 bedroom, £641,100 for 3 bedroom, £751,997 for 4 bedroom and £1,270,612 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 £871 for 1 bedroom to £1,620 for 2 bedrooms, £2,303 for 3 bedrooms, £2,509 for 4 bedrooms and £2,808 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,342. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,746, £2,258 for 3 bedroom, £2,167 for 4 bedroom and around £2,925 for 5 bedroom flat. You should be generally be expecting around average £1,313 rent per month for single bedroom property, £1,739 for 2 bedroom, £2,269 for 3 bedroom, £2,401 for 4 bedroom and approximately £2,825 for a 5 bedroom property in Finsbury Park area.

Popular Houses in Finsbury Park

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 Finsbury Park

Sum it all up

 The Good

- Very good transport links
- A Good park nearby
- Variety of restaurants

 Best For

- Families
- Professionals
- Commuters


 

 The Bad

-  A lot of traffic
 - Busy on Arsenal match days
 - Limited options for places   to go after the pubs close
 - Expensive to rent

Transportation in Finsbury Park

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