Lower Edmonton

Area Guide For Lower Edmonton

Edmonton is an area in the east of the London Borough of Enfield, England, 8.6 miles (13.8 km) north-north-east of Charing Cross. It has a long history as a settlement distinct from Enfield. Edmonton is 8.6 miles (13.8 km) north-north-east of Charing Cross and stretches from just south of the North Circular Road where it borders Tottenham to its boundary with Ponders End to the north. Bush Hill Park, Winchmore Hill and Palmers Green adjoin the western boundary while the River Lee Diversion forms Edmonton's eastern boundary with Chingford. The northern part of Edmonton, N9 postal area are known as Lower Edmonton and the southern part as Upper Edmonton, N18 postal area. The Edmonton constituency had a population of 96,493 in the 2001 census. The white groups made up 66.1% of the population and thirteen other ethnic groups the remainder. Edmonton has a young, ethnically diverse population. It has significantly higher proportions of Muslims than the borough average. It is clearly the most deprived part of Enfield and has the highest crime rate. Satisfaction with the area is as high as for Enfield as a whole with environmental concerns ranking highest. Since the 1960s Edmonton has been
 
 

Lower Edmonton Map

Estimated Price: £294,166
Average Asking Price: £276,527
Price change in last one year: £30,827
Average Price Paid: £210,291
Average Rent Rates: £1,120

 
 

Property Prices Breakdown in Lower Edmonton

Average Price for property in Lower Edmonton is around £294,166 which varies based on type of property you are interested in and ranges from £393,261 for detached house to around £363,573 for semi-detached. Similarly terraced house is around £322,089 and a flat is worth £203,741. Values have been changing and have risen £2,005 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,499 in last 6 months, £30,827 in last 1 year, £56,207 in last 2 years, £63,874 in last 3 years, £64,317 in last 4 years and £72,254 in last 5 years.

Currently average asking price of a property in Lower Edmonton is around £276,527 based on approximately 285 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £1,120 per month.

Estimated property value in Lower Edmonton is £294,166. Average asking price is £276,527 while average price paid is £236,444 which is up by £30,827 and Avg. asking rent £1,120.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 Lower Edmonton area. In last 1 year alone average price buyer paid is around £236,444 based on approximately 285 sales in Lower Edmonton area alone. If you compare it to last 3 years sales of 795 properties where buyers paid around £218,585. 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 £210,291 for 1,276 and average amount paid for purchase of approx. 1,858 properties sold in last 7 years comes to about £206,472 per sale.

 
 

Properties For Sale in Lower Edmonton

 
 

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 £277,213, £326,239 for a 3 bedroom house, £389,367 for a 4 bedroom house and £516,667 for a 5 bedroom house. For a flat similarly the prices varies from £145,992 for a single bedroom to £222,553 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £232,498. To sum up the asking prices for properties in Lower Edmonton it comes to around average £145,992 for 1 bedroom property, £237,022 for 2 bedroom, £319,543 for 3 bedroom, £389,367 for 4 bedroom and £516,667 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 £583 for 1 bedroom to £1,237 for 2 bedroom, £1,809 for 3 bedroom and £1,705 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £821. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,203 and £1,342 for 3 bedroom. You should be generally be expecting around average £764 rent per month for single bedroom property, £1,207 for 2 bedroom, £1,662 for 3 bedroom and approximately £1,705 for 4 bedroom property in Lower Edmonton area.

Popular Houses in Lower Edmonton

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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