South Tottenham

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Area Guide For South Tottenham

South Tottenham is in North London and is part of the London Borough of Haringey. It is bordered by Stamford Hill to the south, Tottenham to the north and Harringay to the west. To the east lies the River Lee and the Lee Valley reservoirs. South Tottenham occupies parts of the N15 and N17 postal districts, an area that has long been seen as an affordable yet pleasant place to live. It is home to a diverse mixture from recently arrived east Europeans renting shared houses to long established property owners, council housing and middle class couples looking to get on the property ladder. After all, there are not that many places in London you can buy a two bedroom house for less than £200k!

 
 

South Tottenham Map

Estimated Price: £391,293
Average Asking Price: £330,602
Price change in last one year: £43,789
Average Price Paid: £251,148
Average Rent Rates: £1,009

 
 

Property Prices Breakdown in South Tottenham

Average Price for property in South Tottenham is around £391,293 which varies based on type of property you are interested in and ranges from £6,045,663 for detached house to around £1,498,288 for semi-detached. Similarly terraced house is around £449,058 and a flat is worth £270,968. Values have been changing and have risen £5,245 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,404 in last 6 months, £43,789 in last 1 year, £79,678 in last 2 years, £93,631 in last 3 years, £95,423 in last 4 years and £107,096 in last 5 years.

Currently average asking price of a property in South Tottenham is around £330,602 based on approximately 77 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,009 per month.

Estimated property value in South Tottenham is £391,293. Average asking price is £330,602 while average price paid is £314,759 which is up by £43,789 and Avg. asking rent £1,009.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 South Tottenham area. In last 1 year alone average price buyer paid is around £314,759 based on approximately 77 sales in South Tottenham area alone. If you compare it to last 3 years sales of 205 properties where buyers paid around £272,186. 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 £251,148 for 329 and average amount paid for purchase of approx. 435 properties sold in last 7 years comes to about £239,905 per sale.

 
 

Properties For Sale in South Tottenham

 
 

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 2 bedroom is around £428,313, £411,667 for a 3 bedroom house and £615,000 for a 4 bedroom house. For a flat similarly the prices varies from £200,970 for a single bedroom to £237,124 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £287,500 and £405,000 for a 4 bedroom flat. To sum up the asking prices for properties in South Tottenham it comes to around average £200,970 for 1 bedroom property, £319,062 for 2 bedroom, £362,000 for 3 bedroom and £475,000 for 4 bedroom.

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 is £748 for 1 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £880. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £978, £1,599 for 3 bedroom and £1,603 for 4 bedroom. You should be generally be expecting around average £842 rent per month for single bedroom property, £978 for 2 bedroom, £1,599 for 3 bedroom and approximately £1,603 for 4 bedroom property in South Tottenham area.

Popular Houses in South Tottenham

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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