Area Guide For Colindale

Colindale is an area in the London Borough of Barnet. A suburban development situated 8 miles North West of Charing Cross.  With property average prices 63.5% below the London average price, the now mostly residential Colindale features many 1930s style semi-detached houses with front gardens.


Colindale Map

Estimated Price: £379,514
Average Asking Price: £424,756
Price change in last one year: £36,525
Average Price Paid: £274,821
Average Rent Rates: £1,481


Property Prices Breakdown in Colindale

Average Price for property in Colindale is around £379,514 which varies based on type of property you are interested in and ranges from £790,818 for detached house to around £471,645 for semi-detached. Similarly terraced house is around £406,193 and a flat is worth £302,548. Values have been changing and have risen £6,628 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,435 in last 6 months, £36,525 in last 1 year, £68,985 in last 2 years, £86,018 in last 3 years, £94,237 in last 4 years and £98,146 in last 5 years.

Currently average asking price of a property in Colindale is around £424,756 based on approximately 333 properties for sale. Same is the case with rental options based on 244 properties up for rent, average asking rent is around £1,481 per month.

Estimated property value in Colindale is £379,514. Average asking price is £424,756 while average price paid is £294,816 which is up by £36,525 and Avg. asking rent £1,481.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 Colindale area. In last 1 year alone average price buyer paid is around £294,816 based on approximately 333 sales in Colindale area alone. If you compare it to last 3 years sales of 1,174 properties where buyers paid around £284,684. 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 £274,821 for 1,672 and average amount paid for purchase of approx. 2,305 properties sold in last 7 years comes to about £268,625 per sale.


Properties For Sale in Colindale


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 £269,167, £578,856 for a 2 bedroom house, £492,284 for a 3 bedroom house, £703,674 for a 4 bedroom house and £696,758 for a 5 bedroom house. For a flat similarly the prices varies from £269,736 for a single bedroom to £348,241 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £546,960 and £279,950 for a 4 bedroom flat. To sum up the asking prices for properties in Colindale it comes to around average £269,716 for 1 bedroom property, £360,379 for 2 bedroom, £513,409 for 3 bedroom, £692,809 for 4 bedroom and £696,758 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 £804 for 1 bedroom to £1,444 for 2 bedrooms, £1,692 for 3 bedrooms, £2,108 for 4 bedrooms and £2,100 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,130. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,528, £1,940 for 3 bedroom, £1,452 for 4 bedroom and around £5,720 for 5 bedroom flat. You should be generally be expecting around average £1,082 rent per month for single bedroom property, £1,525 for 2 bedroom, £1,810 for 3 bedroom, £2,026 for 4 bedroom and approximately £3,306 for a 5 bedroom property in Colindale area.

Popular Houses in Colindale

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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