Southgate

A beautiful town with quick access to both countryside and the West End

Area Guide For Southgate

With a bustling city centre, excellent schools, reasonably priced houses and an excellent transportation infrastructure, Southgate, a town which basically came into the prominence in 1930’s has become a magnet for families and young professionals over the course of last decade or so.

 
 

Tags

Transportation
Restaurants
Schools
Pubs
Parks
Houses
and Sport Facilities

Overview

  • The Neighbors

    The area boasts off excellent school with predominantly thirty buildings and an excellent transportation system.

  • Ideal for

    Professionals, Families, Retirees

  • Deal Sealer

    Excellent Schools, Restaurants, Green Spaces

  • Not for

    Hardcore Shopaholics and Urban people

  • You will Like

    Highly Rated Schools, Scenic Beauty

Southgate Map

Estimated Price: £592,754
Average Asking Price: £737,210
Price change in last one year: £59,026
Average Price Paid: £419,342
Average Rent Rates: £1,558

 
 

Property Prices Breakdown in Southgate

Average Price for property in Southgate is around £592,754 which varies based on type of property you are interested in and ranges from £1,070,941 for detached house to around £717,880 for semi-detached. Similarly terraced house is around £528,676 and a flat is worth £340,270. Values have been changing and have risen £4,834 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,185 in last 6 months, £59,026 in last 1 year, £115,119 in last 2 years, £135,027 in last 3 years, £139,749 in last 4 years and £154,824 in last 5 years.

Currently average asking price of a property in Southgate is around £737,210 based on approximately 566 properties for sale. Same is the case with rental options based on 245 properties up for rent, average asking rent is around £1,558 per month.

Estimated property value in Southgate is £592,754. Average asking price is £737,210 while average price paid is £498,652 which is up by £59,026 and Avg. asking rent £1,558.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 Southgate area. In last 1 year alone average price buyer paid is around £498,652 based on approximately 566 sales in Southgate area alone. If you compare it to last 3 years sales of 1,817 properties where buyers paid around £435,787. 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 £419,342 for 2,921 and average amount paid for purchase of approx. 3,887 properties sold in last 7 years comes to about £406,853 per sale.

 
 

Properties For Sale in Southgate

 
 

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, £444,985 for a 2 bedroom house, £603,934 for a 3 bedroom house, £876,109 for a 4 bedroom house and £1,247,997 for a 5 bedroom house. For a flat similarly the prices varies from £248,647 for a single bedroom to £368,735 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £436,238. To sum up the asking prices for properties in Southgate it comes to around average £263,697 for 1 bedroom property, £381,753 for 2 bedroom, £592,937 for 3 bedroom, £876,109 for 4 bedroom and £1,247,997 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 £779 for 1 bedroom to £1,456 for 2 bedrooms, £1,795 for 3 bedrooms, £2,644 for 4 bedrooms and £3,080 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,010. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,329, £1,548 for 3 bedroom and £1,475 for 4 bedroom. You should be generally be expecting around average £983 rent per month for single bedroom property, £1,339 for 2 bedroom, £1,675 for 3 bedroom, £2,449 for 4 bedroom and approximately £3,080 for a 5 bedroom property in Southgate area.

Popular Houses in Southgate

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 Southgate

Sum it all up

 The Good

-Excellent Commutation
- Ethnically Diverse Area
- Good Restaurants
- Good Pubs
- Variety in Housing
- Reasonable Prices

 Best For

-Families
-Singles
- Commuters
- Students
- Retirees

 The Bad

 - Small Houses

Transportation in Southgate

Browse by Streets in Southgate