Upper Edmonton

Area Guide For Upper Edmonton

Upper Edmonton is a part of Edmonton, which is located in the eastern part of the London Borough of Enfield. Once a very influential area of the Borough of Enfield, still to this day Upper Edmonton is home to the offices and area’s major political constitutions, providing a range of public services. Upper Edmonton is an area of diversity and mass multi cultural backgrounds. In recent years, the area has undergone a huge structural transformation, of which some work is still undergoing, as part of the government's aim to provide the community with a wider range of shops & public facilities and housing.

 
 

Upper Edmonton Map

Estimated Price: £268,613
Average Asking Price: £273,718
Price change in last one year: £28,912
Average Price Paid: £189,346
Average Rent Rates: £1,258

 
 

Property Prices Breakdown in Upper Edmonton

Average Price for property in Upper Edmonton is around £268,613 which varies based on type of property you are interested in and ranges from £319,775 for detached house to around £314,238 for semi-detached. Similarly terraced house is around £298,155 and a flat is worth £194,701. Values have been changing and have risen £2,897 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,154 in last 6 months, £28,912 in last 1 year, £52,641 in last 2 years, £61,620 in last 3 years, £62,418 in last 4 years and £66,965 in last 5 years.

Currently average asking price of a property in Upper Edmonton is around £273,718 based on approximately 107 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £1,258 per month.

Estimated property value in Upper Edmonton is £268,613. Average asking price is £273,718 while average price paid is £212,120 which is up by £28,912 and Avg. asking rent £1,258.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 Upper Edmonton area. In last 1 year alone average price buyer paid is around £212,120 based on approximately 107 sales in Upper Edmonton area alone. If you compare it to last 3 years sales of 257 properties where buyers paid around £197,950. 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 £189,346 for 444 and average amount paid for purchase of approx. 637 properties sold in last 7 years comes to about £186,791 per sale.

 
 

Properties For Sale in Upper Edmonton

 
 

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 £266,236, £313,415 for a 3 bedroom house and £338,997 for a 4 bedroom house. For a flat similarly the prices varies from £170,811 for a single bedroom to £217,166 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £248,997. To sum up the asking prices for properties in Upper Edmonton it comes to around average £170,811 for 1 bedroom property, £229,433 for 2 bedroom, £302,308 for 3 bedroom and £338,997 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 £899 for 1 bedroom to £1,317 for 2 bedroom, £1,425 for 3 bedroom and £1,701 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,134. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,200 and £1,430 for 3 bedroom. You should be generally be expecting around average £1,095 rent per month for single bedroom property, £1,271 for 2 bedroom, £1,426 for 3 bedroom and approximately £1,701 for 4 bedroom property in Upper Edmonton area.

Popular Houses in Upper Edmonton

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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