The Ridgeway, London, N11

Street Guide For The Ridgeway, London, N11

 
 

The Ridgeway, London, N11 Map

Estimated Price: £745,585
Average Asking Price: £546,470
Price change in last one year: £83,441
Average Price Paid: £596,868
Average Rent Rates: £1,613

Hobarts Estate Agents
3 Crescent Road, Alexandra Park , London

Free House valuation

 

Property Prices Breakdown in The Ridgeway, London, N11

Average Price for property in The Ridgeway, London, N11 is around £745,585 which varies based on type of property you are interested in and ranges from £788,546 for detached house to around £743,795 for semi-detached. Similarly terraced house is around £714,491. Values have been changing and have risen £5,780 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,827 in last 6 months, £83,441 in last 1 year, £152,757 in last 2 years, £172,443 in last 3 years, £173,678 in last 4 years and £196,036 in last 5 years.

Currently average asking price of a property in The Ridgeway, London, N11 is around £546,470 based on approximately 3 properties for sale. Same is the case with rental options based on 171 properties up for rent, average asking rent is around £1,613 per month.

Estimated property value in The Ridgeway, London, N11 is £745,585. Average asking price is £546,470 while average price paid is £584,333 which is up by £83,441 and Avg. asking rent £1,613.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 The Ridgeway, London, N11 area. In last 1 year alone average price buyer paid is around £584,333 based on approximately 3 sales in The Ridgeway, London, N11 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £591,428. 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 £596,868 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £556,950 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 2 bedroom is around £444,158, £549,993 for a 3 bedroom house, £753,476 for a 4 bedroom house and £735,000 for a 5 bedroom house. For a flat similarly the prices varies from £264,604 for a single bedroom to £405,027 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £719,756 and £805,833 for a 4 bedroom flat. To sum up the asking prices for properties in The Ridgeway, London, N11 it comes to around average £264,604 for 1 bedroom property, £412,142 for 2 bedroom, £624,804 for 3 bedroom, £764,308 for 4 bedroom and £735,000 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 £1,051 for 1 bedroom to £1,450 for 2 bedrooms, £1,930 for 3 bedrooms, £2,262 for 4 bedrooms and £2,484 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,080. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,591 and £2,145 for 3 bedroom. You should be generally be expecting around average £1,077 rent per month for single bedroom property, £1,587 for 2 bedroom, £2,016 for 3 bedroom, £2,262 for 4 bedroom and approximately £2,484 for a 5 bedroom property in The Ridgeway, London, N11 area.

Popular Houses in The Ridgeway, London, N11

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.

Transportation in The Ridgeway, London, N11

Areas in and around The Ridgeway, London, N11