Oakleigh Park

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Area Guide For Oakleigh Park

Oakleigh Park is a loosely defined are in the North of the London Borough of Barnet. It adjoins Whetstone, and is often regarded either as part of that or of East Barnet. However it has its own identity and its own railway station. The principal road is Oakleigh Road North. Turnings off this road include Oakleigh Park North, Oakleigh Avenue and Oakleigh Park South. There is also a small shopping parade on Netherlands Road just to the north of the railway station.With average property prices in Oakleigh Park 19.9% above the London average price, as well as average property rental being 59.8% below the London Average of £735.

 
 

Oakleigh Park Map

Estimated Price: £796,680
Average Asking Price: £854,360
Price change in last one year: £81,080
Average Price Paid: £551,922
Average Rent Rates: £2,228

 
 

Property Prices Breakdown in Oakleigh Park

Average Price for property in Oakleigh Park is around £796,680 which varies based on type of property you are interested in and ranges from £1,405,261 for detached house to around £893,912 for semi-detached. Similarly terraced house is around £585,629 and a flat is worth £384,367. Values have been changing and have risen £8,936 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £24,363 in last 6 months, £81,080 in last 1 year, £146,850 in last 2 years, £178,026 in last 3 years, £185,095 in last 4 years and £202,666 in last 5 years.

Currently average asking price of a property in Oakleigh Park is around £854,360 based on approximately 69 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £2,228 per month.

Estimated property value in Oakleigh Park is £796,680. Average asking price is £854,360 while average price paid is £663,767 which is up by £81,080 and Avg. asking rent £2,228.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 Oakleigh Park area. In last 1 year alone average price buyer paid is around £663,767 based on approximately 69 sales in Oakleigh Park area alone. If you compare it to last 3 years sales of 191 properties where buyers paid around £571,749. 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 £551,922 for 282 and average amount paid for purchase of approx. 359 properties sold in last 7 years comes to about £532,449 per sale.

 
 

Properties For Sale in Oakleigh 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 3 bedroom is around £690,000, £1,299,000 for a 4 bedroom house and £1,265,454 for a 5 bedroom house. For a flat similarly the prices varies from £589,545 for a 2 bedroom to £459,975 for a 3 bedroom Flat. To sum up the asking prices for properties in Oakleigh Park it comes to around average £589,545 for 2 bedroom property, £624,279 for 3 bedroom, £1,299,000 for 4 bedroom and £1,265,454 for 5 bedroom.

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 £1,114 for 1 bedroom to £2,500 for 3 bedroom, £3,111 for 4 bedroom and £3,825 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £1,302. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £2,377. You should be generally be expecting around average £1,114 rent per month for single bedroom property, £1,302 for 2 bedroom, £2,418 for 3 bedroom, £3,111 for 4 bedroom and approximately £3,825 for a 5 bedroom property in Oakleigh Park area.

Popular Houses in Oakleigh 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.

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