Pentonville

Area Guide For Pentonville

Pentonville is an area on the Northern fringe of Central London. The area is named after Henry Penton, who developed a number of streets in the 1770s in what was open countryside adjacent to the New Road. Pentonville was part of the ancient parish of Clerkenwell, and was incorporated into the Metropolitan Borough of Finsbury by the London Government Act 1899. It has been part of the London Borough of Islington since 1965. The closest station is Angel tube station, a London Underground station in Angel, Islington.

 
 

Pentonville Map

Estimated Price: £798,195
Average Asking Price: £793,772
Price change in last one year: £84,716
Average Price Paid: £612,193
Average Rent Rates: £2,385

 
 

Property Prices Breakdown in Pentonville

Average Price for property in Pentonville is around £798,195 which varies based on type of property you are interested in and ranges from £1,548,802 for detached house to around £1,678,382 for semi-detached. Similarly terraced house is around £1,429,160 and a flat is worth £593,999. Values have been changing and have risen £6,599 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,870 in last 6 months, £84,716 in last 1 year, £166,134 in last 2 years, £184,487 in last 3 years, £193,026 in last 4 years and £211,821 in last 5 years.

Currently average asking price of a property in Pentonville is around £793,772 based on approximately 117 properties for sale. Same is the case with rental options based on 880 properties up for rent, average asking rent is around £2,385 per month.

Estimated property value in Pentonville is £798,195. Average asking price is £793,772 while average price paid is £810,090 which is up by £84,716 and Avg. asking rent £2,385.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 Pentonville area. In last 1 year alone average price buyer paid is around £810,090 based on approximately 117 sales in Pentonville area alone. If you compare it to last 3 years sales of 396 properties where buyers paid around £688,726. 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 £612,193 for 714 and average amount paid for purchase of approx. 1,024 properties sold in last 7 years comes to about £564,055 per sale.

 
 

Properties For Sale in Pentonville

 
 

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 £462,480, £724,279 for a 2 bedroom house, £1,344,521 for a 3 bedroom house, £1,551,131 for a 4 bedroom house and £2,202,777 for a 5 bedroom house. For a flat similarly the prices varies from £459,399 for a single bedroom to £686,982 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £866,742 and £1,000,000 for a 4 bedroom flat. To sum up the asking prices for properties in Pentonville it comes to around average £459,679 for 1 bedroom property, £688,554 for 2 bedroom, £990,611 for 3 bedroom, £1,459,276 for 4 bedroom and £2,202,777 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 £1,362 for 1 bedroom to £2,824 for 2 bedrooms, £4,318 for 3 bedrooms, £5,261 for 4 bedrooms and £6,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,706. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,465, £3,368 for 3 bedroom, £3,055 for 4 bedroom and around £3,412 for 5 bedroom flat. You should be generally be expecting around average £1,690 rent per month for single bedroom property, £2,484 for 2 bedroom, £3,647 for 3 bedroom, £4,158 for 4 bedroom and approximately £4,442 for a 5 bedroom property in Pentonville area.

Popular Houses in Pentonville

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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