North London

Area Guide For North London

North London is essentially a division made on account of the River Thames, and includes major areas like City of London, Barking, Barnet, Camden, Ealing, Enfield, Fulham, Haringey, Harrow, Islington, Kensington, Chelsea and Tower Hamlets among several others. This part of London is also home to most of the Underground network, which means connectivity is not a problem. This, coupled with proximity to the capital makes North London a major commuter belt with a variety of housing options. You will easily find new builds, terraces, houses, flats and detached properties here but the property prices fluctuate according to the neighbourhood you choose.


North London Map

Estimated Price: £655,863
Average Asking Price: £1,057,161
Price change in last one year: £74,886
Average Price Paid: £492,527
Average Rent Rates: £2,934


Property Prices Breakdown in North London

Average Price for property in North London is around £655,863 which varies based on type of property you are interested in and ranges from £1,722,598 for detached house to around £834,504 for semi-detached. Similarly terraced house is around £642,622 and a flat is worth £490,493. Values have been changing and have risen £727 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,737 in last 6 months, £74,886 in last 1 year, £117,714 in last 2 years, £177,442 in last 3 years, £151,895 in last 4 years and £174,366 in last 5 years.

Currently average asking price of a property in North London is around £1,057,161 based on approximately 11,132 properties for sale. Same is the case with rental options based on 8,907 properties up for rent, average asking rent is around £2,934 per month.

Estimated property value in North London is £655,863. Average asking price is £1,057,161 while average price paid is £566,748 which is up by £74,886 and Avg. asking rent £2,934.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 North London area. In last 1 year alone average price buyer paid is around £566,748 based on approximately 11,132 sales in North London area alone. If you compare it to last 3 years sales of 34,911 properties where buyers paid around £516,229. 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 £492,527 for 57,441 and average amount paid for purchase of approx. 76,066 properties sold in last 7 years comes to about £468,671 per sale.


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 £324,326, £578,944 for a 2 bedroom house, £661,417 for a 3 bedroom house, £1,186,926 for a 4 bedroom house and £1,818,667 for a 5 bedroom house. For a flat similarly the prices varies from £442,207 for a single bedroom to £556,064 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,121,218, £2,381,670 for a 4 bedroom flat and £2,855,522 for a 5 bedroom flat. To sum up the asking prices for properties in North London it comes to around average £436,356 for 1 bedroom property, £558,919 for 2 bedroom, £870,071 for 3 bedroom, £1,356,204 for 4 bedroom and £1,895,471 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 £1,154 for 1 bedroom to £2,195 for 2 bedrooms, £2,762 for 3 bedrooms, £4,985 for 4 bedrooms and £5,821 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,574. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,155, £3,586 for 3 bedroom, £5,524 for 4 bedroom and around £8,099 for 5 bedroom flat. You should be generally be expecting around average £1,534 rent per month for single bedroom property, £2,159 for 2 bedroom, £3,328 for 3 bedroom, £5,204 for 4 bedroom and approximately £6,189 for a 5 bedroom property in North London area.

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.

Transportation in North London

Areas in and around North London