Hornsey

A relatively posh neighbourhood favoured by wealthy families

Area Guide For Hornsey

Hornsey, like most London areas, came to the fore during the mid-19th century. Generally speaking, the neighbourhood is nestled between Alexandra Park, Turnpike Lane and Crouch End and is mainly a residential area. Affordable property prices and cheap rents here attract families and commuters.

 
 

Tags

Affordable – Family Friendly – Parks – Shopping

Overview

  • The Neighbors

    Victorian terraces along with council housing and some new developments.

  • Ideal for

    Families.

  • Deal Sealer

    Nearby parks.

  • Not for

    People looking for great transportation services.

  • You will Like

    Shopping.

Hornsey Map

Estimated Price: £706,469
Average Asking Price: £626,955
Price change in last one year: £78,502
Average Price Paid: £486,338
Average Rent Rates: £1,623

 
 

Property Prices Breakdown in Hornsey

Average Price for property in Hornsey is around £706,469 which varies based on type of property you are interested in and ranges from £2,297,928 for detached house to around £1,302,026 for semi-detached. Similarly terraced house is around £942,400 and a flat is worth £473,792. Values have been changing and have risen £9,354 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £25,701 in last 6 months, £78,502 in last 1 year, £146,858 in last 2 years, £162,015 in last 3 years, £168,089 in last 4 years and £188,783 in last 5 years.

Currently average asking price of a property in Hornsey is around £626,955 based on approximately 461 properties for sale. Same is the case with rental options based on 278 properties up for rent, average asking rent is around £1,623 per month.

Estimated property value in Hornsey is £706,469. Average asking price is £626,955 while average price paid is £564,412 which is up by £78,502 and Avg. asking rent £1,623.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 Hornsey area. In last 1 year alone average price buyer paid is around £564,412 based on approximately 461 sales in Hornsey area alone. If you compare it to last 3 years sales of 1,489 properties where buyers paid around £514,400. 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 £486,338 for 2,471 and average amount paid for purchase of approx. 3,134 properties sold in last 7 years comes to about £467,756 per sale.

 
 

Properties For Sale in Hornsey

 
 

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 £249,999, £584,279 for a 2 bedroom house, £692,618 for a 3 bedroom house, £969,279 for a 4 bedroom house and £1,414,996 for a 5 bedroom house. For a flat similarly the prices varies from £333,824 for a single bedroom to £487,843 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £529,490 and £550,000 for a 4 bedroom flat. To sum up the asking prices for properties in Hornsey it comes to around average £331,358 for 1 bedroom property, £498,390 for 2 bedroom, £636,367 for 3 bedroom, £941,327 for 4 bedroom and £1,414,996 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 £748 for 1 bedroom to £1,746 for 2 bedrooms, £2,206 for 3 bedrooms, £2,970 for 4 bedrooms and £3,185 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,238. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,594, £2,074 for 3 bedroom and £2,600 for 4 bedroom. You should be generally be expecting around average £1,211 rent per month for single bedroom property, £1,627 for 2 bedroom, £2,099 for 3 bedroom, £2,933 for 4 bedroom and approximately £3,185 for a 5 bedroom property in Hornsey area.

Popular Houses in Hornsey

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 Hornsey

Sum it all up

 The Good

-Greenery and Parks
 -Lots of high street shops
-Several pubs
-Good schools

 

 Best For

-Families

 The Bad

-Lack of excellent transport links

Transportation in Hornsey

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