Area Guide For Edgware

Edgware is a district of North London, in the London Borough of Barnet. Historically, Edgware was a small town located along the Roman road between London and St Albans. Only twenty minutes from central London by public transport, and it's ideal for drivers, linking easily to the M1 and the M25. A former market town, Edgware is popular with home-buyers, featuring some very attractive streets with striking semi-detached and detached houses, and the Broadwalk shopping centre and tube station are similarly easy on the eye.


Edgware Map

Estimated Price: £441,388
Average Asking Price: £543,373
Price change in last one year: £57,513
Average Price Paid: £337,196
Average Rent Rates: £1,520


Property Prices Breakdown in Edgware

Average Price for property in Edgware is around £441,388 which varies based on type of property you are interested in and ranges from £850,173 for detached house to around £498,187 for semi-detached. Similarly terraced house is around £355,688 and a flat is worth £290,431. Values have been changing and have risen £5,570 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,291 in last 6 months, £57,513 in last 1 year, £85,898 in last 2 years, £82,837 in last 3 years, £87,572 in last 4 years and £90,468 in last 5 years.

Currently average asking price of a property in Edgware is around £543,373 based on approximately 633 properties for sale. Same is the case with rental options based on 214 properties up for rent, average asking rent is around £1,520 per month.

Estimated property value in Edgware is £441,388. Average asking price is £543,373 while average price paid is £388,211 which is up by £57,513 and Avg. asking rent £1,520.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 Edgware area. In last 1 year alone average price buyer paid is around £388,211 based on approximately 633 sales in Edgware area alone. If you compare it to last 3 years sales of 1,620 properties where buyers paid around £358,019. 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 £337,196 for 2,694 and average amount paid for purchase of approx. 3,681 properties sold in last 7 years comes to about £325,659 per sale.


Properties For Sale in Edgware


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 £388,106, £494,478 for a 3 bedroom house, £750,059 for a 4 bedroom house and £861,321 for a 5 bedroom house. For a flat similarly the prices varies from £216,472 for a single bedroom to £351,127 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £450,075. To sum up the asking prices for properties in Edgware it comes to around average £216,472 for 1 bedroom property, £358,523 for 2 bedroom, £488,928 for 3 bedroom, £750,059 for 4 bedroom and £861,321 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 £820 for 1 bedroom to £1,328 for 2 bedrooms, £1,698 for 3 bedrooms, £2,288 for 4 bedrooms and £2,820 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £989. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,269, £1,541 for 3 bedroom, £1,699 for 4 bedroom and around £1,660 for 5 bedroom flat. You should be generally be expecting around average £956 rent per month for single bedroom property, £1,276 for 2 bedroom, £1,676 for 3 bedroom, £2,265 for 4 bedroom and approximately £2,627 for a 5 bedroom property in Edgware area.

Popular Houses in Edgware

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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