Tottenham

Area Guide For Tottenham

Tottenham is an area in the London Borough of Haringey, North London. An area which is being transformed and regenerated with plans of building over 10,000 new homes, redesigned football stadium seating 56,250 and two extra schools. Leading to incredible highs of first time buys moving in. the local council of Haringey hope to create 5,000 jobs and a million square feet of employment between now and 2025. Tottenham is spread out along the A10 London to Cambridge Road and there are still a number of Georgian houses scattered along the route and on other main roads in the area, some of Tottenham’s main worth lies beneath the wealth of Victorian Terraces, which are ideal for family buyers.

 
 

Tottenham Map

Estimated Price: £346,299
Average Asking Price: £379,282
Price change in last one year: £41,477
Average Price Paid: £250,982
Average Rent Rates: £1,428

 
 

Property Prices Breakdown in Tottenham

Average Price for property in Tottenham is around £346,299 which varies based on type of property you are interested in and ranges from £1,749,275 for detached house to around £561,067 for semi-detached. Similarly terraced house is around £384,975 and a flat is worth £250,602. Values have been changing and have risen £4,371 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,870 in last 6 months, £41,477 in last 1 year, £76,640 in last 2 years, £87,404 in last 3 years, £88,164 in last 4 years and £99,337 in last 5 years.

Currently average asking price of a property in Tottenham is around £379,282 based on approximately 570 properties for sale. Same is the case with rental options based on 219 properties up for rent, average asking rent is around £1,428 per month.

Estimated property value in Tottenham is £346,299. Average asking price is £379,282 while average price paid is £306,619 which is up by £41,477 and Avg. asking rent £1,428.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 Tottenham area. In last 1 year alone average price buyer paid is around £306,619 based on approximately 570 sales in Tottenham area alone. If you compare it to last 3 years sales of 1,452 properties where buyers paid around £268,443. 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 £250,982 for 2,426 and average amount paid for purchase of approx. 3,346 properties sold in last 7 years comes to about £242,685 per sale.

 
 

Properties For Sale in 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 1 bedroom is around £218,332, £374,596 for a 2 bedroom house, £443,860 for a 3 bedroom house and £595,702 for a 4 bedroom house. For a flat similarly the prices varies from £241,193 for a single bedroom to £294,984 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £321,581 and £359,000 for a 4 bedroom flat. To sum up the asking prices for properties in Tottenham it comes to around average £238,743 for 1 bedroom property, £311,677 for 2 bedroom, £416,959 for 3 bedroom and £587,540 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 can vary from £704 for 1 bedroom to £1,377 for 2 bedrooms, £1,588 for 3 bedrooms, £1,960 for 4 bedrooms and £2,265 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £980. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,313, £1,570 for 3 bedroom and £1,963 for 4 bedroom. You should be generally be expecting around average £893 rent per month for single bedroom property, £1,321 for 2 bedroom, £1,582 for 3 bedroom, £1,960 for 4 bedroom and approximately £2,265 for a 5 bedroom property in Tottenham area.

Popular Houses in 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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