Winchmore Hill

Area Guide For Winchmore Hill

Winchmore Hill is a district in the Borough of Enfield, North London. At the heart of the area is Winchmore Hill Green, a village green surrounded by terraced houses, shops and restaurants. Of particular note in Winchmore Hill is Groveland’s Park, which was originally a private estate before being partly sold off to the council in 1913.


Winchmore Hill Map

Estimated Price: £565,511
Average Asking Price: £783,409
Price change in last one year: £53,873
Average Price Paid: £423,519
Average Rent Rates: £1,534


Property Prices Breakdown in Winchmore Hill

Average Price for property in Winchmore Hill is around £565,511 which varies based on type of property you are interested in and ranges from £1,040,859 for detached house to around £668,494 for semi-detached. Similarly terraced house is around £503,852 and a flat is worth £321,674. Values have been changing and have risen £5,469 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,619 in last 6 months, £53,873 in last 1 year, £93,951 in last 2 years, £111,424 in last 3 years, £107,804 in last 4 years and £116,554 in last 5 years.

Currently average asking price of a property in Winchmore Hill is around £783,409 based on approximately 408 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £1,534 per month.

Estimated property value in Winchmore Hill is £565,511. Average asking price is £783,409 while average price paid is £505,692 which is up by £53,873 and Avg. asking rent £1,534.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 Winchmore Hill area. In last 1 year alone average price buyer paid is around £505,692 based on approximately 408 sales in Winchmore Hill area alone. If you compare it to last 3 years sales of 1,260 properties where buyers paid around £439,120. 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 £423,519 for 2,017 and average amount paid for purchase of approx. 2,708 properties sold in last 7 years comes to about £409,899 per sale.


Properties For Sale in Winchmore Hill


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 £343,967, £426,633 for a 2 bedroom house, £580,151 for a 3 bedroom house, £920,961 for a 4 bedroom house and £1,421,205 for a 5 bedroom house. For a flat similarly the prices varies from £262,867 for a single bedroom to £399,944 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £496,633. To sum up the asking prices for properties in Winchmore Hill it comes to around average £279,087 for 1 bedroom property, £407,693 for 2 bedroom, £572,992 for 3 bedroom, £920,961 for 4 bedroom and £1,421,205 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 £702 for 1 bedroom to £1,475 for 2 bedrooms, £1,947 for 3 bedrooms, £2,200 for 4 bedrooms and £4,901 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £993. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,365 and £1,515 for 3 bedroom. You should be generally be expecting around average £978 rent per month for single bedroom property, £1,381 for 2 bedroom, £1,677 for 3 bedroom, £2,200 for 4 bedroom and approximately £4,901 for a 5 bedroom property in Winchmore Hill area.

Popular Houses in Winchmore Hill

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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