Ridge Road, London, N21

Street Guide For Ridge Road, London, N21

 

Ridge Road, London, N21 Map

Estimated Price: £542,852
Average Asking Price: £847,323
Price change in last one year: £60,968
Average Price Paid: £435,775
Average Rent Rates: £1,533

 

Property Prices Breakdown in Ridge Road, London, N21

Average Price for property in Ridge Road, London, N21 is around £542,852 which varies based on type of property you are interested in and ranges from £666,403 for detached house to around £580,244 for semi-detached. Similarly terraced house is around £498,115. Values have been changing and have risen £6,878 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,008 in last 6 months, £60,968 in last 1 year, £111,455 in last 2 years, £123,941 in last 3 years, £122,907 in last 4 years and £137,748 in last 5 years.

Currently average asking price of a property in Ridge Road, London, N21 is around £847,323 based on approximately 4 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £1,533 per month.

Estimated property value in Ridge Road, London, N21 is £542,852. Average asking price is £847,323 while average price paid is £506,625 which is up by £60,968 and Avg. asking rent £1,533.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 Ridge Road, London, N21 area. In last 1 year alone average price buyer paid is around £506,625 based on approximately 4 sales in Ridge Road, London, N21 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £455,787. 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 £435,775 for 18 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £419,711 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 £343,967, £444,950 for a 2 bedroom house, £579,999 for a 3 bedroom house, £969,727 for a 4 bedroom house and £1,557,993 for a 5 bedroom house. For a flat similarly the prices varies from £261,492 for a single bedroom to £384,243 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £459,975. To sum up the asking prices for properties in Ridge Road, London, N21 it comes to around average £276,956 for 1 bedroom property, £390,988 for 2 bedroom, £569,997 for 3 bedroom, £969,727 for 4 bedroom and £1,557,993 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 £702 for 1 bedroom to £1,475 for 2 bedrooms, £1,722 for 3 bedrooms, £1,929 for 4 bedrooms and £4,901 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,009. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,393 and £1,525 for 3 bedroom. You should be generally be expecting around average £992 rent per month for single bedroom property, £1,405 for 2 bedroom, £1,604 for 3 bedroom, £1,929 for 4 bedroom and approximately £4,901 for a 5 bedroom property in Ridge Road, London, N21 area.

Popular Houses in Ridge Road, London, N21

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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