Muswell Hill

Area Guide For Muswell Hill

Muswell Hill  is a suburb of North London, mostly in the London Borough of Haringey. With a bustling Broadway, red brick Edwardian housing and superb local schools, this is one of the most sought after suburbs in north London. Muswell Hill is increasingly popular with families, it is an area that attracts many professional and creative people. Houses here are predominantly Edwardian with some Victorian, some 1920s and 1930s and lots of flats and large houses with good sized gardens.  Because of high demand for family homes properties that once were converted into flats are now being restored to their former glory as large, spacious family homes. In recent years there have been some new housing developments on small brownfield sites, as much of the area falls within a Conservation Area, they are generally Edwardian in style.

 
 

Muswell Hill Map

Estimated Price: £854,351
Average Asking Price: £923,960
Price change in last one year: £96,378
Average Price Paid: £607,071
Average Rent Rates: £1,884

 
 

Property Prices Breakdown in Muswell Hill

Average Price for property in Muswell Hill is around £854,351 which varies based on type of property you are interested in and ranges from £1,956,428 for detached house to around £1,192,783 for semi-detached. Similarly terraced house is around £1,096,844 and a flat is worth £435,329. Values have been changing and have risen £11,348 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £31,227 in last 6 months, £96,378 in last 1 year, £168,725 in last 2 years, £199,369 in last 3 years, £211,211 in last 4 years and £224,481 in last 5 years.

Currently average asking price of a property in Muswell Hill is around £923,960 based on approximately 403 properties for sale. Same is the case with rental options based on 218 properties up for rent, average asking rent is around £1,884 per month.

Estimated property value in Muswell Hill is £854,351. Average asking price is £923,960 while average price paid is £687,892 which is up by £96,378 and Avg. asking rent £1,884.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 Muswell Hill area. In last 1 year alone average price buyer paid is around £687,892 based on approximately 403 sales in Muswell Hill area alone. If you compare it to last 3 years sales of 1,278 properties where buyers paid around £638,043. 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 £607,071 for 2,079 and average amount paid for purchase of approx. 2,660 properties sold in last 7 years comes to about £584,403 per sale.

 
 

Properties For Sale in Muswell Hill

 
 

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 £277,500, £1,078,750 for a 2 bedroom house, £883,750 for a 3 bedroom house, £1,332,552 for a 4 bedroom house and £1,504,416 for a 5 bedroom house. For a flat similarly the prices varies from £333,678 for a single bedroom to £491,073 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £688,964, £837,475 for a 4 bedroom flat and £825,000 for a 5 bedroom flat. To sum up the asking prices for properties in Muswell Hill it comes to around average £329,184 for 1 bedroom property, £528,386 for 2 bedroom, £758,221 for 3 bedroom, £1,311,485 for 4 bedroom and £1,470,445 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 £802 for 1 bedroom to £1,651 for 2 bedrooms, £2,240 for 3 bedrooms, £3,648 for 4 bedrooms and £3,997 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,219. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,580, £1,991 for 3 bedroom, £3,142 for 4 bedroom and around £2,744 for 5 bedroom flat. You should be generally be expecting around average £1,147 rent per month for single bedroom property, £1,587 for 2 bedroom, £2,141 for 3 bedroom, £3,592 for 4 bedroom and approximately £3,460 for a 5 bedroom property in Muswell Hill area.

Popular Houses in Muswell Hill

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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