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Southgate House Prices

The average house price in Southgate is £671,500 using HM Land Registry data.

The average property price increased by £138,350 (25.35%) over the last 5 years and increased by £27,657 (4.21%) over the last 12 months.

Over the last year, there were 225 residential property sales – a decrease of 131 transactions (-58.22%) relative to the previous year. The majority of house sales (60) were in the £340,000 - £488,000 range. Then came properties in the £636,000 - £784,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,726 (-2%).

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

5-Year Average Property Prices in Southgate

25.35%

Property prices in Southgate increased by 25.35% 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 Southgate Over the Last Year

4.21%

Property prices in Southgate increased by 4.21% 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 Southgate - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Southgate

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 Southgate

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 Southgate

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 Southgate since 1995

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

Recent Property Sales in Southgate

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Mayfair Terrace, London, Greater London, N14 6HU	£800,000	£795,000	-£5,000	28 Mar 2024	27 Aug 2024	152 Days
152 Whittington Road, London, Greater London, N22 8YL	£675,000	£640,000	-£35,000	05 Jan 2024	01 Aug 2024	209 Days
10 Pine Close, London, Greater London, N14 5QA	£550,000	£250,000	-£300,000	05 Jul 2024	31 Jul 2024	26 Days
14 Byland Close, London, Greater London, N21 1QH	£440,000	£434,000	-£6,000	20 Sep 2023	29 Jul 2024	313 Days
12 Brookside, London, Greater London, N21 1JT	£450,000	£440,000	-£10,000	07 Nov 2023	22 Jul 2024	258 Days
Flat 25, Heathdene, Chase Side, London, Greater London, N14 5PR	£350,000	£337,500	-£12,500	20 Feb 2024	19 Jul 2024	150 Days
97 Dalrymple Close, London, Greater London, N14 4LQ	£340,000	£335,000	-£5,000	10 Jan 2024	11 Jul 2024	183 Days
Flat 12, High Beech, Eversley Park Road, London, Greater London, N21 1NS	£325,000	£325,000	£00	19 Aug 2023	08 Jul 2024	324 Days
22 Houndsden Road, London, Greater London, N21 1LT	£925,000	£917,500	-£7,500	24 Jan 2024	04 Jul 2024	162 Days
33 Colebrook Way, London, Greater London, N11 1SZ	£575,000	£570,000	-£5,000	12 Mar 2024	28 Jun 2024	108 Days
58 Park View, London, Greater London, N21 1QX	£950,000	£935,000	-£15,000	25 Jan 2024	24 Jun 2024	151 Days
6 York Road, London, Greater London, N11 2TG	£895,000	£865,000	-£30,000	11 Jan 2024	07 Jun 2024	148 Days
62 Selborne Road, London, Greater London, N14 7DG	£1,100,000	£1,050,000	-£50,000	28 Sep 2023	31 May 2024	246 Days
71 Springfield Road, London, Greater London, N11 1RL	£975,000	£940,000	-£35,000	06 Nov 2023	28 May 2024	204 Days
2a, Wilmer Way, London, Greater London, N14 7JB	£690,000	£670,000	-£20,000	29 Nov 2023	17 May 2024	170 Days
15 Evesham Road, London, Greater London, N11 2RR	£750,000	£744,000	-£6,000	25 Jan 2024	10 May 2024	106 Days
16 Milton Grove, London, Greater London, N11 1AX	£629,000	£610,000	-£19,000	17 Oct 2023	10 May 2024	206 Days
11 Pevensey Avenue, London, Greater London, N11 2RB	£575,000	£515,000	-£60,000	04 Oct 2023	03 May 2024	212 Days
142 Fox Lane, Southgate, London, Greater London, N13 4BA	£1,395,000	£1,365,000	-£30,000	23 Nov 2023	01 May 2024	160 Days
6 Union Road, London, Greater London, N11 2SE	£600,000	£575,000	-£25,000	04 Oct 2023	25 Apr 2024	204 Days

Most Expensive Streets in Southgate

Postcode	Street	Area	Average	No. of Sales
N14 6PA	Bourne Avenue	London	£1,686,999	5
N14 7DX	Forestdale	London	£1,305,000	3
N14 6QU	Parkway	London	£1,288,333	3
N14 6PD	Bourne Avenue	London	£1,281,500	4
N14 6RG	Queen Elizabeths Drive	London	£1,162,500	3
N14 6NN	Greenway	London	£1,110,000	3
N14 6RD	Queen Elizabeths Drive	London	£1,082,277	9
N14 7HH	Townsend Avenue	London	£1,068,583	6
N14 6LN	The Mall	London	£1,060,800	5
N21 1QT	Wynchgate	London	£1,052,375	4

Least Expensive Streets in Southgate

Postcode	Street	Area	Average	No. of Sales
N13 4EF	Lily Way	London	£155,250	4
N11 1RU	Cedar Court	Upper Park Road	£213,333	3
N14 4BW	Avenue Road	London	£220,305	18
N14 4EN	Grove Close	Avenue Road	£223,000	3
N14 5HU	Heathdene	Chase Side	£283,666	3
N14 4LQ	Dalrymple Close	London	£285,333	6
N14 6DA	Leigh Hunt Drive	London	£291,333	3
N21 1QL	Park House	Winchmore Hill Road	£303,750	4
N11 2BE	Haywood Court	Oak Lane	£325,166	3
N22 8YW	Whittington Road	London	£330,000	3