Redwood Way, Barnet, EN5

Street Guide For Redwood Way, Barnet, EN5

 
 

Redwood Way, Barnet, EN5 Map

Estimated Price: £233,363
Average Asking Price: £747,038
Price change in last one year: £22,584
Average Price Paid: £175,571
Average Rent Rates: £2,425

Talbie's
Talbie's, Prospect House, 2 Athenaeum Road, Whetst

Free House valuation

 

Property Prices Breakdown in Redwood Way, Barnet, EN5

Values have been changing and have risen £1,828 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,070 in last 6 months, £22,584 in last 1 year, £37,086 in last 2 years, £45,883 in last 3 years, £45,678 in last 4 years and £46,124 in last 5 years.

Currently average asking price of a property in Redwood Way, Barnet, EN5 is around £747,038 based on approximately 4 properties for sale. Same is the case with rental options based on 133 properties up for rent, average asking rent is around £2,425 per month.

Estimated property value in Redwood Way, Barnet, EN5 is £233,363. Average asking price is £747,038 while average price paid is £200,375 which is up by £22,584 and Avg. asking rent £2,425.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 Redwood Way, Barnet, EN5 area. In last 1 year alone average price buyer paid is around £200,375 based on approximately 4 sales in Redwood Way, Barnet, EN5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £179,892. 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 £175,571 for 14 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £166,738 per sale.

 
 
 
 

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 £129,612, £449,930 for a 2 bedroom house, £599,630 for a 3 bedroom house, £945,614 for a 4 bedroom house and £1,330,440 for a 5 bedroom house. For a flat similarly the prices varies from £192,064 for a single bedroom to £348,352 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £493,058 and £835,000 for a 5 bedroom flat. To sum up the asking prices for properties in Redwood Way, Barnet, EN5 it comes to around average £178,186 for 1 bedroom property, £376,568 for 2 bedroom, £582,578 for 3 bedroom, £945,614 for 4 bedroom and £1,318,918 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 £867 for 1 bedroom to £1,962 for 2 bedrooms, £1,895 for 3 bedrooms, £2,483 for 4 bedrooms and £8,545 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £938. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,327, £1,849 for 3 bedroom and £1,473 for 4 bedroom. You should be generally be expecting around average £924 rent per month for single bedroom property, £1,381 for 2 bedroom, £1,864 for 3 bedroom, £2,315 for 4 bedroom and approximately £8,545 for a 5 bedroom property in Redwood Way, Barnet, EN5 area.

Popular Houses in Redwood Way, Barnet, EN5

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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