Southwood Lane, London, N6

Street Guide For Southwood Lane, London, N6

 

Southwood Lane, London, N6 Map

Estimated Price: £1,559,911
Average Asking Price: £1,998,563
Price change in last one year: £187,161
Average Price Paid: £1,102,679
Average Rent Rates: £2,954

 

Property Prices Breakdown in Southwood Lane, London, N6

Average Price for property in Southwood Lane, London, N6 is around £1,559,911 which varies based on type of property you are interested in and ranges from £2,746,916 for detached house to around £1,808,401 for semi-detached. Similarly terraced house is around £2,196,367 and a flat is worth £767,599. Values have been changing and have risen £20,609 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £56,750 in last 6 months, £187,161 in last 1 year, £325,368 in last 2 years, £368,401 in last 3 years, £395,850 in last 4 years and £423,823 in last 5 years.

Currently average asking price of a property in Southwood Lane, London, N6 is around £1,998,563 based on approximately 4 properties for sale. Same is the case with rental options based on 220 properties up for rent, average asking rent is around £2,954 per month.

Estimated property value in Southwood Lane, London, N6 is £1,559,911. Average asking price is £1,998,563 while average price paid is £1,632,500 which is up by £187,161 and Avg. asking rent £2,954.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 Southwood Lane, London, N6 area. In last 1 year alone average price buyer paid is around £1,632,500 based on approximately 4 sales in Southwood Lane, London, N6 area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £1,346,021. 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 £1,102,679 for 37 and average amount paid for purchase of approx. 44 properties sold in last 7 years comes to about £1,084,298 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 1 bedroom is around £735,000, £549,983 for a 2 bedroom house, £1,576,000 for a 3 bedroom house, £1,726,298 for a 4 bedroom house and £2,504,086 for a 5 bedroom house. For a flat similarly the prices varies from £456,737 for a single bedroom to £647,243 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,062,265, £1,150,000 for a 4 bedroom flat and £2,999,994 for a 5 bedroom flat. To sum up the asking prices for properties in Southwood Lane, London, N6 it comes to around average £474,128 for 1 bedroom property, £642,212 for 2 bedroom, £1,150,840 for 3 bedroom, £1,702,285 for 4 bedroom and £2,740,233 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 £1,376 for 1 bedroom to £3,347 for 2 bedrooms, £5,911 for 3 bedrooms, £4,440 for 4 bedrooms and £8,358 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,358. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,888, £3,972 for 3 bedroom, £3,970 for 4 bedroom and around £8,450 for 5 bedroom flat. You should be generally be expecting around average £1,359 rent per month for single bedroom property, £2,008 for 2 bedroom, £4,383 for 3 bedroom, £4,306 for 4 bedroom and approximately £8,398 for a 5 bedroom property in Southwood Lane, London, N6 area.

Popular Houses in Southwood Lane, London, N6

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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