Holloway

Area Guide For Holloway

Holloway is an inner-city district in the London Borough of Islington. Once upon a time Holloway was the route through which the cattle were driven into the North London market at Smithfields. Almost all of Holloway was rural until the early 19th century where development, lighting industry and Victorian housing clustered the area.

 
 

Holloway Map

Estimated Price: £563,381
Average Asking Price: £623,751
Price change in last one year: £55,966
Average Price Paid: £416,966
Average Rent Rates: £2,069

 
 

Property Prices Breakdown in Holloway

Average Price for property in Holloway is around £563,381 which varies based on type of property you are interested in and ranges from £1,068,498 for detached house to around £1,163,469 for semi-detached. Similarly terraced house is around £880,104 and a flat is worth £467,952. Values have been changing and have risen £5,261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,027 in last 6 months, £55,966 in last 1 year, £113,299 in last 2 years, £126,409 in last 3 years, £137,758 in last 4 years and £150,072 in last 5 years.

Currently average asking price of a property in Holloway is around £623,751 based on approximately 524 properties for sale. Same is the case with rental options based on 426 properties up for rent, average asking rent is around £2,069 per month.

Estimated property value in Holloway is £563,381. Average asking price is £623,751 while average price paid is £489,440 which is up by £55,966 and Avg. asking rent £2,069.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 Holloway area. In last 1 year alone average price buyer paid is around £489,440 based on approximately 524 sales in Holloway area alone. If you compare it to last 3 years sales of 1,642 properties where buyers paid around £436,804. 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 £416,966 for 2,590 and average amount paid for purchase of approx. 3,251 properties sold in last 7 years comes to about £397,701 per sale.

 
 

Properties For Sale in Holloway

 
 

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 £394,667, £701,658 for a 2 bedroom house, £781,242 for a 3 bedroom house, £1,637,843 for a 4 bedroom house and £1,868,500 for a 5 bedroom house. For a flat similarly the prices varies from £439,602 for a single bedroom to £554,636 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £725,830 and £1,014,999 for a 4 bedroom flat. To sum up the asking prices for properties in Holloway it comes to around average £438,226 for 1 bedroom property, £563,038 for 2 bedroom, £747,995 for 3 bedroom, £1,489,547 for 4 bedroom and £1,868,500 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 £1,138 for 1 bedroom to £1,781 for 2 bedroom, £2,400 for 3 bedroom and £3,040 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,509. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,981, £2,351 for 3 bedroom, £2,951 for 4 bedroom and around £3,900 for 5 bedroom flat. You should be generally be expecting around average £1,420 rent per month for single bedroom property, £1,967 for 2 bedroom, £2,361 for 3 bedroom, £3,006 for 4 bedroom and approximately £3,900 for a 5 bedroom property in Holloway area.

Popular Houses in Holloway

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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