North London

Area Guide For North London

North London is essentially a division made on account of the River Thames, and includes major areas like City of London, Barking, Barnet, Camden, Ealing, Enfield, Fulham, Haringey, Harrow, Islington, Kensington, Chelsea and Tower Hamlets among several others. This part of London is also home to most of the Underground network, which means connectivity is not a problem. This, coupled with proximity to the capital makes North London a major commuter belt with a variety of housing options. You will easily find new builds, terraces, houses, flats and detached properties here but the property prices fluctuate according to the neighbourhood you choose.


North London Map

Estimated Price: £607,825
Average Asking Price: £891,616
Price change in last one year: £67,413
Average Price Paid: £460,052
Average Rent Rates: £2,168


Property Prices Breakdown in North London

Average Price for property in North London is around £607,825 which varies based on type of property you are interested in and ranges from £1,739,781 for detached house to around £835,041 for semi-detached. Similarly terraced house is around £660,458 and a flat is worth £429,686. Values have been changing and have risen £6,112 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,372 in last 6 months, £67,413 in last 1 year, £127,310 in last 2 years, £145,204 in last 3 years, £150,913 in last 4 years and £165,092 in last 5 years.

Currently average asking price of a property in North London is around £891,616 based on approximately 7,691 properties for sale. Same is the case with rental options based on 4,854 properties up for rent, average asking rent is around £2,168 per month.

Estimated property value in North London is £607,825. Average asking price is £891,616 while average price paid is £547,060 which is up by £67,413 and Avg. asking rent £2,168.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 North London area. In last 1 year alone average price buyer paid is around £547,060 based on approximately 7,691 sales in North London area alone. If you compare it to last 3 years sales of 24,711 properties where buyers paid around £485,717. 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 £460,052 for 40,332 and average amount paid for purchase of approx. 53,281 properties sold in last 7 years comes to about £438,617 per sale.


Properties For Sale in North London


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 £352,552, £514,056 for a 2 bedroom house, £624,583 for a 3 bedroom house, £1,163,108 for a 4 bedroom house and £1,565,950 for a 5 bedroom house. For a flat similarly the prices varies from £392,822 for a single bedroom to £503,858 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £724,455, £1,636,164 for a 4 bedroom flat and £2,716,467 for a 5 bedroom flat. To sum up the asking prices for properties in North London it comes to around average £390,475 for 1 bedroom property, £504,964 for 2 bedroom, £666,390 for 3 bedroom, £1,203,491 for 4 bedroom and £1,633,627 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 £993 for 1 bedroom to £1,999 for 2 bedrooms, £2,416 for 3 bedrooms, £3,198 for 4 bedrooms and £4,312 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,367. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,862, £2,495 for 3 bedroom, £2,810 for 4 bedroom and around £4,944 for 5 bedroom flat. You should be generally be expecting around average £1,323 rent per month for single bedroom property, £1,872 for 2 bedroom, £2,464 for 3 bedroom, £3,112 for 4 bedroom and approximately £4,430 for a 5 bedroom property in North London area.

Popular Houses in North London

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 North London

Transportation in North London

Areas in and around North London