Area Guide For Newington

Newington is a district of Central London, within the London Borough of Southwark. As a largely residential area, Church Street and the roads leading off it are made up of Victorian style terraced houses with a few housing estates scattered around. Rent prices are rising all the time, particularly in N16, but cheaper properties can be found as you go towards the Green Lanes side of Clissold Park or towards Clapton and Hackney Downs.


Newington Map

Estimated Price: £552,190
Average Asking Price: £657,857
Price change in last one year: £50,590
Average Price Paid: £400,387
Average Rent Rates: £2,003


Property Prices Breakdown in Newington

Average Price for property in Newington is around £552,190 which varies based on type of property you are interested in and ranges from £681,154 for detached house to around £764,683 for semi-detached. Similarly terraced house is around £864,212 and a flat is worth £526,869. Values have been changing and have risen £3,803 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,743 in last 6 months, £50,590 in last 1 year, £105,111 in last 2 years, £129,432 in last 3 years, £122,776 in last 4 years and £144,655 in last 5 years.

Currently average asking price of a property in Newington is around £657,857 based on approximately 169 properties for sale. Same is the case with rental options based on 243 properties up for rent, average asking rent is around £2,003 per month.

Estimated property value in Newington is £552,190. Average asking price is £657,857 while average price paid is £487,620 which is up by £50,590 and Avg. asking rent £2,003.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 Newington area. In last 1 year alone average price buyer paid is around £487,620 based on approximately 169 sales in Newington area alone. If you compare it to last 3 years sales of 589 properties where buyers paid around £420,880. 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 £400,387 for 924 and average amount paid for purchase of approx. 1,143 properties sold in last 7 years comes to about £389,160 per sale.


Properties For Sale in Newington


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 £491,500, £733,500 for a 2 bedroom house, £906,429 for a 3 bedroom house and £1,200,000 for a 4 bedroom house. For a flat similarly the prices varies from £464,737 for a single bedroom to £645,112 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,067,609 and £1,450,000 for a 4 bedroom flat. To sum up the asking prices for properties in Newington it comes to around average £466,446 for 1 bedroom property, £649,130 for 2 bedroom, £1,027,314 for 3 bedroom and £1,325,000 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 £1,268 for 1 bedroom to £1,985 for 2 bedroom, £3,683 for 3 bedroom and £3,828 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,660. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,208, £2,681 for 3 bedroom and £3,275 for 4 bedroom. You should be generally be expecting around average £1,653 rent per month for single bedroom property, £2,188 for 2 bedroom, £2,764 for 3 bedroom and approximately £3,441 for 4 bedroom property in Newington area.

Popular Houses in Newington

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.

Sold Properties in Newington

Transportation in Newington

Browse by Streets in Newington