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Oakwood House Prices

The average house price in Oakwood is £618,404 using HM Land Registry data.

The average property price increased by £46,736 (7.44%) over the last 5 years and increased by £9,343 (1.4%) over the last 12 months.

Over the last year, there were 74 residential property sales – a decrease of 2 transactions (-2.70%) relative to the previous year. The majority of house sales (17) were in the £686,000 - £808,000 range. Then came properties in the £320,000 - £442,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,866 (-2%).

In Oct 24, there were 17 new estate agency instructions, 7 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in Oakwood

7.44%

Property prices in Oakwood increased by 7.44% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Oakwood Over the Last Year

1.4%

Property prices in Oakwood increased by 1.4% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Oakwood - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Oakwood

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Oakwood

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Oakwood

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Oakwood since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Oakwood area since 1995.

Recent Property Sales in Oakwood

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 South Lodge Crescent, Enfield, Greater London, EN2 7NL	£1,295,000	£1,247,500	-£47,500	26 Jan 2024	02 Aug 2024	189 Days
59 Merrivale, London, Greater London, N14 4TE	£750,000	£735,000	-£15,000	28 Sep 2023	31 Jul 2024	307 Days
7 Corfield Road, London, Greater London, N21 1SF	£875,000	£850,000	-£25,000	06 Sep 2023	19 Jul 2024	317 Days
67 Lindal Crescent, Enfield, Greater London, EN2 7RS	£500,000	£495,000	-£5,000	15 Jan 2024	07 Jun 2024	144 Days
181 Lonsdale Drive, Enfield, Greater London, EN2 7JY	£649,995	£625,000	-£24,995	13 Sep 2023	07 Jun 2024	268 Days
289 Lonsdale Drive, Enfield, Greater London, EN2 7LB	£585,000	£560,000	-£25,000	04 Mar 2024	09 May 2024	66 Days
41 Belgrave Gardens, London, Greater London, N14 4TS	£1,100,000	£980,000	-£120,000	27 Oct 2023	09 May 2024	195 Days
35 Harper Close, London, Greater London, N14 4ES	£390,000	£380,000	-£10,000	10 Nov 2023	05 Apr 2024	147 Days
178 Lonsdale Drive, Enfield, Greater London, EN2 7JU	£1,000,000	£950,000	-£50,000	14 Jul 2023	28 Mar 2024	258 Days
271 Lonsdale Drive, Enfield, Greater London, EN2 7LB	£575,000	£549,520	-£25,480	11 Sep 2023	27 Feb 2024	169 Days
259 Lonsdale Drive, Enfield, Greater London, EN2 7LB	£600,000	£600,000	£00	25 Oct 2023	16 Feb 2024	114 Days
8 Kenwood Avenue, London, Greater London, N14 4SR	£950,000	£890,000	-£60,000	21 Jul 2023	15 Jan 2024	178 Days
2 Corfield Road, London, Greater London, N21 1SF	£799,995	£785,000	-£14,995	13 Sep 2023	12 Jan 2024	121 Days
13 Macleod Road, London, Greater London, N21 1SW	£650,000	£615,000	-£35,000	22 Aug 2023	05 Jan 2024	136 Days
65 Lindal Crescent, Enfield, Greater London, EN2 7RS	£500,000	£500,000	£00	25 Sep 2023	19 Dec 2023	85 Days
85 Prince George Avenue, London, Greater London, N14 4SN	£800,000	£800,000	£00	07 Jul 2023	19 Dec 2023	165 Days
30 Netherby Gardens, Enfield, Greater London, EN2 7PB	£799,995	£760,000	-£39,995	30 May 2023	07 Dec 2023	191 Days
38 Chase Road, London, Greater London, N14 4EU	£1,195,000	£1,050,000	-£145,000	24 Apr 2023	01 Dec 2023	221 Days
20 Simpson Close, London, Greater London, N21 1SR	£499,995	£490,000	-£9,995	09 May 2023	01 Dec 2023	206 Days
155 South Lodge Drive, London, Greater London, N14 4XH	£825,000	£825,000	£00	23 May 2023	13 Nov 2023	174 Days

Most Expensive Streets in Oakwood

Postcode	Street	Area	Average	No. of Sales
N14 4XN	South Lodge Drive	London	£1,047,000	5
EN2 7LW	Curthwaite Gardens	Enfield	£1,005,833	3
N14 4RJ	Lakenheath	London	£946,750	4
N14 4SS	Kenwood Avenue	London	£940,000	3
N14 4XL	South Lodge Drive	London	£935,000	3
N14 4SP	Prince George Avenue	London	£922,000	5
N14 4SY	Overton Road	London	£906,666	3
N14 4TD	Prince George Avenue	London	£906,400	5
N14 4SX	Overton Road	London	£884,415	6
EN2 7NU	Greystoke Gardens	Enfield	£860,000	4

Least Expensive Streets in Oakwood

Postcode	Street	Area	Average	No. of Sales
N14 4RB	Catherine Court	Chase Road	£263,833	3
N21 1TX	Newsholme Drive	London	£300,000	4
N21 1SG	Buchanan Close	London	£311,666	6
N21 1TR	Pennington Drive	London	£321,875	4
N14 4BE	Ashridge Court	Reservoir Road	£327,833	3
N21 1UD	Newsholme Drive	London	£346,666	3
N14 4RE	Alexandra Court	Chase Road	£361,666	3
N21 1UF	Newsholme Drive	London	£373,333	3
N14 4RH	Gerrards Close	London	£378,629	3
N14 4EX	The Pines	Chase Road	£384,166	3