Bowes House Prices Bowes House Prices

The average house price in Bowes is £714,805 using HM Land Registry data.

The average property price increased by £108,654 (26.21%) over the last 5 years and increased by £21,716 (4.33%) over the last 12 months.

Over the last year, there were 48 residential property sales – a decrease of 24 transactions (-50.00%) relative to the previous year. The majority of house sales (14) were in the £498,000 - £584,000 range. Then came properties in the £412,000 - £498,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-24,652 (-3%).

In April 2024, there were 20 new estate agency instructions, 3 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Bowes

26.21%

Property prices in Bowes increased by 26.21% 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 Bowes Over the Last Year

4.33%

Property prices in Bowes increased by 4.33% 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.

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).

Property Market Heat Gauge for Bowes - April 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Bowes

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 Bowes

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 Bowes

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 Bowes since 1995

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

Recent Property Sales in Bowes

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Melbourne Avenue, London, Greater London, N13 4SX£655,000£630,000-£25,00022 May 202308 Mar 2024291 Days
24 Devonia Gardens, London, Greater London, N18 1AF£465,000£455,000-£10,00022 Sep 202325 Jan 2024125 Days
26 Berkshire Gardens, London, Greater London, N13 6AB£735,000£714,805-£20,19501 Sep 202315 Dec 2023105 Days
276 Princes Avenue, London, Greater London, N13 6HN£550,000£530,000-£20,00013 Jun 202326 Oct 2023135 Days
26 Kelvin Avenue, London, Greater London, N13 4TG£850,000£850,000£0008 Jun 202320 Oct 2023134 Days
148 Tottenhall Road, London, Greater London, N13 6DL£500,000£482,000-£18,00020 Jan 202308 Jun 2023139 Days
50 Millstream Close, London, Greater London, N13 6EF£240,000£240,000£0001 Jul 202228 Apr 2023301 Days
7 Tasmania Terrace, London, Greater London, N18 1AX£359,995£250,000-£109,99529 Nov 201417 Mar 20233030 Days
2 Upsdell Avenue, London, Greater London, N13 6JN£650,000£637,500-£12,50029 Nov 202230 Jan 202362 Days
24 Mitchell Road, London, Greater London, N13 6EE£549,950£520,000-£29,95009 Sep 202210 Jan 2023123 Days
6 Lister Gardens, London, Greater London, N18 1HZ£499,995£485,000-£14,99505 Oct 202209 Dec 202265 Days
143 Princes Avenue, London, Greater London, N13 6HE£575,000£560,000-£15,00009 Aug 202206 Dec 2022119 Days
137 Pasteur Gardens, London, Greater London, N18 1AH£550,000£535,000-£15,00007 Jul 202221 Nov 2022137 Days
56 Cherry Blossom Close, London, Greater London, N13 6BQ£275,000£262,500-£12,50023 Apr 202210 Nov 2022201 Days
64 Belsize Avenue, London, Greater London, N13 4TJ£750,000£740,000-£10,00019 Apr 202228 Oct 2022192 Days
46 Berkshire Gardens, London, Greater London, N13 6AB£700,000£690,000-£10,00030 Apr 202228 Sep 2022151 Days
5 Lodge Close, London, Greater London, N18 1JD£590,000£560,000-£30,00005 Aug 202101 Aug 2022361 Days
166 Palmerston Road, London, Greater London, N22 8RB£950,000£900,000-£50,00022 Jan 202227 Jun 2022156 Days
174 Princes Avenue, London, Greater London, N13 6HL£545,000£535,000-£10,00016 Jul 202110 Jun 2022329 Days
61 Melbourne Avenue, London, Greater London, N13 4SY£825,000£821,000-£4,00014 Jan 202201 Jun 2022138 Days

Most Expensive Streets in Bowes

PostcodeStreetAreaAverageNo. of Sales
N13 4TSSpencer AvenueLondon£714,5874
N13 6AGNorfolk AvenueLondon£699,0004
N13 6ABBerkshire GardensLondon£678,9353
N13 4SXMelbourne AvenueLondon£672,1666
N13 6JNUpsdell AvenueLondon£650,6254
N13 4TLBelsize AvenueLondon£638,6287
N13 4TGKelvin AvenueLondon£631,33711
N13 6JEGrenoble GardensLondon£621,6663
N13 6JGGrenoble GardensLondon£618,0003
N13 6HEPrinces AvenueLondon£606,0006

Least Expensive Streets in Bowes

PostcodeStreetAreaAverageNo. of Sales
N13 6EFMillstream CloseLondon£214,28514
N13 4UXBowes RoadLondon£222,7504
N13 6LBSt Pauls RiseLondon£222,8336
N13 6BZCherry Blossom CloseLondon£230,7005
N13 6BQCherry Blossom CloseLondon£241,5836
N13 6BTCherry Blossom CloseLondon£244,3333
N13 4UYSidney AvenueLondon£277,0003
N13 6DZMedesenge WayLondon£289,1077
N13 6HQMillicent GroveLondon£321,3506
N13 6HSMillicent GroveLondon£322,3619

Explore Bowes and Neighbouring Area House Prices