Lower Holloway

Area Guide For Lower Holloway

Lower Holloway is a district in the London Borough of Islington. The area of Lower Holloway stretches from the South of Holloway Road to the Central side of Holloway, Nags Head. It is wholly in the N7 postal district. Average property price in Lower Holloway vary between £493,191, 3.5% below the London average of £510,233.

 
 

Lower Holloway Map

Estimated Price: £535,646
Average Asking Price: £877,945
Price change in last one year: £54,139
Average Price Paid: £397,047
Average Rent Rates: £1,890

 
 

Property Prices Breakdown in Lower Holloway

Average Price for property in Lower Holloway is around £535,646 which varies based on type of property you are interested in and ranges from £1,302,865 for detached house to around £1,153,615 for semi-detached. Similarly terraced house is around £761,559 and a flat is worth £435,760. Values have been changing and have risen £5,090 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,504 in last 6 months, £54,139 in last 1 year, £109,598 in last 2 years, £122,281 in last 3 years, £133,264 in last 4 years and £145,177 in last 5 years.

Currently average asking price of a property in Lower Holloway is around £877,945 based on approximately 103 properties for sale. Same is the case with rental options based on 102 properties up for rent, average asking rent is around £1,890 per month.

Estimated property value in Lower Holloway is £535,646. Average asking price is £877,945 while average price paid is £435,549 which is up by £54,139 and Avg. asking rent £1,890.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 Lower Holloway area. In last 1 year alone average price buyer paid is around £435,549 based on approximately 103 sales in Lower Holloway area alone. If you compare it to last 3 years sales of 347 properties where buyers paid around £407,728. 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 £397,047 for 498 and average amount paid for purchase of approx. 594 properties sold in last 7 years comes to about £381,181 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 3 bedroom is around £620,000, £2,081,250 for a 4 bedroom house and £1,395,000 for a 5 bedroom house. For a flat similarly the prices varies from £380,000 for a single bedroom to £490,729 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,062,500 and £575,000 for a 4 bedroom flat. To sum up the asking prices for properties in Lower Holloway it comes to around average £380,000 for 1 bedroom property, £490,729 for 2 bedroom, £974,000 for 3 bedroom, £1,913,889 for 4 bedroom and £1,395,000 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 £1,170 for 1 bedroom to £2,004 for 2 bedroom, £2,459 for 3 bedroom and £3,459 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,480. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,983, £2,364 for 3 bedroom and £3,358 for 4 bedroom. You should be generally be expecting around average £1,339 rent per month for single bedroom property, £1,985 for 2 bedroom, £2,380 for 3 bedroom and approximately £3,419 for 4 bedroom property in Lower Holloway area.

Popular Houses in Lower 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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