Average Price for property in Winchmore Hill is around £565,511 which varies based on type of property you are interested in and ranges from £1,040,859 for detached house to around £668,494 for semi-detached. Similarly terraced house is around £503,852 and a flat is worth £321,674. Values have been changing and have risen £5,469 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,619 in last 6 months, £53,873 in last 1 year, £93,951 in last 2 years, £111,424 in last 3 years, £107,804 in last 4 years and £116,554 in last 5 years.
Currently average asking price of a property in Winchmore Hill is around £783,409 based on approximately 408 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £1,534 per month.
Estimated property value in Winchmore Hill is £565,511. Average asking price is £783,409 while average price paid is £505,692 which is up by £53,873 and Avg. asking rent £1,534.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 Winchmore Hill area. In last 1 year alone average price buyer paid is around £505,692 based on approximately 408 sales in Winchmore Hill area alone. If you compare it to last 3 years sales of 1,260 properties where buyers paid around £439,120. 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 £423,519 for 2,017 and average amount paid for purchase of approx. 2,708 properties sold in last 7 years comes to about £409,899 per sale.