Area Guide For Whetstone

Whetstone is a place in the London Borough of Barnet. he arrival of rail in 1872 saw Victorian and Edwardian mansions spring up all over the village. And in 1940 the station was transformed into a stop on the Northern Line, after which smaller houses were built, good news for our modern budgets.  An average property price in Whetstone of 19.9% increase above the London average as well as a demanding 59.5% increase of rental prices from a London average of £735 to around $1,817.


Whetstone Map

Estimated Price: £587,875
Average Asking Price: £1,566,422
Price change in last one year: £59,826
Average Price Paid: £405,154
Average Rent Rates: £3,987


Property Prices Breakdown in Whetstone

Average Price for property in Whetstone is around £587,875 which varies based on type of property you are interested in and ranges from £1,245,248 for detached house to around £711,996 for semi-detached. Similarly terraced house is around £538,395 and a flat is worth £323,408. Values have been changing and have risen £6,594 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,978 in last 6 months, £59,826 in last 1 year, £108,356 in last 2 years, £131,359 in last 3 years, £136,575 in last 4 years and £149,540 in last 5 years.

Currently average asking price of a property in Whetstone is around £1,566,422 based on approximately 183 properties for sale. Same is the case with rental options based on 104 properties up for rent, average asking rent is around £3,987 per month.

Estimated property value in Whetstone is £587,875. Average asking price is £1,566,422 while average price paid is £495,768 which is up by £59,826 and Avg. asking rent £3,987.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 Whetstone area. In last 1 year alone average price buyer paid is around £495,768 based on approximately 183 sales in Whetstone area alone. If you compare it to last 3 years sales of 573 properties where buyers paid around £426,949. 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 £405,154 for 940 and average amount paid for purchase of approx. 1,193 properties sold in last 7 years comes to about £395,532 per sale.


Properties For Sale in Whetstone


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 £612,500, £656,747 for a 3 bedroom house, £1,585,133 for a 4 bedroom house and £1,783,636 for a 5 bedroom house. For a flat similarly the prices varies from £286,650 for a single bedroom to £634,996 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £805,700. To sum up the asking prices for properties in Whetstone it comes to around average £286,650 for 1 bedroom property, £634,058 for 2 bedroom, £695,365 for 3 bedroom, £1,585,133 for 4 bedroom and £1,783,636 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 £1,114 for 1 bedroom to £1,300 for 2 bedrooms, £2,175 for 3 bedrooms, £3,727 for 4 bedrooms and £5,584 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £852. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,283 and £1,790 for 3 bedroom. You should be generally be expecting around average £939 rent per month for single bedroom property, £1,283 for 2 bedroom, £2,021 for 3 bedroom, £3,727 for 4 bedroom and approximately £5,584 for a 5 bedroom property in Whetstone area.

Popular Houses in Whetstone

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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