Summerhill Grove, Enfield, EN1

Street Guide For Summerhill Grove, Enfield, EN1

 

Summerhill Grove, Enfield, EN1 Map

Estimated Price: £583,486
Average Asking Price: £393,663
Price change in last one year: £54,386
Average Price Paid: £507,125
Average Rent Rates: £1,591

 

Property Prices Breakdown in Summerhill Grove, Enfield, EN1

Average Price for property in Summerhill Grove, Enfield, EN1 is around £583,486 which varies based on type of property you are interested in and ranges from £596,463 for detached house to around £589,163 for semi-detached. Similarly terraced house is around £545,783. Values have been changing and have risen £4,532 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,455 in last 6 months, £54,386 in last 1 year, £92,879 in last 2 years, £118,135 in last 3 years, £114,217 in last 4 years and £117,388 in last 5 years.

Currently average asking price of a property in Summerhill Grove, Enfield, EN1 is around £393,663 based on approximately 2 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £1,591 per month.

Estimated property value in Summerhill Grove, Enfield, EN1 is £583,486. Average asking price is £393,663 while average price paid is £598,750 which is up by £54,386 and Avg. asking rent £1,591.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 Summerhill Grove, Enfield, EN1 area. In last 1 year alone average price buyer paid is around £598,750 based on approximately 2 sales in Summerhill Grove, Enfield, EN1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £542,500. 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 £507,125 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £469,750 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 £190,000, £332,072 for a 2 bedroom house, £404,437 for a 3 bedroom house, £547,232 for a 4 bedroom house and £680,831 for a 5 bedroom house. For a flat similarly the prices varies from £230,489 for a single bedroom to £264,447 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £312,479. To sum up the asking prices for properties in Summerhill Grove, Enfield, EN1 it comes to around average £226,440 for 1 bedroom property, £278,438 for 2 bedroom, £393,119 for 3 bedroom, £547,232 for 4 bedroom and £680,831 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 £591 for 1 bedroom to £1,338 for 2 bedroom, £1,583 for 3 bedroom and £1,844 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £961. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,225, £1,363 for 3 bedroom and £1,751 for 4 bedroom. You should be generally be expecting around average £915 rent per month for single bedroom property, £1,241 for 2 bedroom, £1,545 for 3 bedroom and approximately £1,827 for 4 bedroom property in Summerhill Grove, Enfield, EN1 area.

Popular Houses in Summerhill Grove, Enfield, EN1

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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