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Edgware House Prices Edgware House Prices

The average house price in Edgware is £588,339 using HM Land Registry data.

The average property price increased by £109,762 (21.82%) over the last 5 years and increased by £21,993 (3.72%) over the last 12 months.

Over the last year, there were 354 residential property sales – a decrease of 115 transactions (-32.49%) relative to the previous year. The majority of house sales (78) were in the £428,000 - £536,000 range. Then came properties in the £536,000 - £644,000 range, where 77 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 108 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-31,049 (-3%).

In Dec 24, there were 54 new estate agency instructions, 47 agreed home sales and 31 property price reductions.

Neighbouring Areas: Kingsbury, Stanmore, Harrow, Barnet, Mill Hill, Totteridge & Woodside Park, Wembley, Colindale

Postcodes Covered: HA7, HA8, NW7, NW9

5-Year Average Property Prices in Edgware

21.82%

Property prices in Edgware increased by 21.82% 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 Edgware Over the Last Year

3.72%

Property prices in Edgware increased by 3.72% 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 Edgware - Dec 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 Edgware

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 Edgware

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 Edgware

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 Edgware since 1995

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

Recent Property Sales in Edgware

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
107 Orange Hill Road, Edgware, Greater London, HA8 0TJ£450,000£422,000-£28,00002 Feb 202408 Nov 2024280 Days
89 Ellesmere Avenue, London, Greater London, NW7 3HB£650,000£630,000-£20,00027 Mar 202408 Nov 2024226 Days
6 Girton Avenue, London, Greater London, NW9 9SX£600,000£579,000-£21,00007 Feb 202404 Nov 2024271 Days
1 Glendevon Close, Edgware, Greater London, HA8 8RG£735,000£725,000-£10,00006 Jun 202431 Oct 2024147 Days
90 Harrowes Meade, Edgware, Greater London, HA8 8RP£1,225,000£1,150,000-£75,00010 Jun 202430 Oct 2024142 Days
13 Ellesmere Avenue, London, Greater London, NW7 3EX£630,000£620,000-£10,00004 Apr 202430 Oct 2024209 Days
23 Rose Bates Drive, London, Greater London, NW9 9QJ£350,000£350,000£0025 Mar 202429 Oct 2024218 Days
3 Shelley Close, Edgware, Greater London, HA8 8DX£800,000£785,000-£15,00023 Oct 202425 Oct 20242 Days
9 Barnfield Road, Edgware, Greater London, HA8 0AY£450,000£435,000-£15,00013 Aug 202425 Oct 202473 Days
25 Laleham Avenue, London, Greater London, NW7 3HN£375,000£370,000-£5,00025 Jun 202425 Oct 2024122 Days
24 Barnet Way, London, Greater London, NW7 3BH£580,000£580,000£0003 Jul 202421 Oct 2024110 Days
6 Berridge Green, Edgware, Greater London, HA8 6EQ£565,000£530,000-£35,00020 Aug 202418 Oct 202459 Days
45 Limesdale Gardens, Edgware, Greater London, HA8 5HZ£625,000£600,000-£25,00006 Sep 202418 Oct 202442 Days
83 Goldsmith Lane, London, Greater London, NW9 9AR£295,000£255,507-£39,49309 Mar 201517 Oct 20243510 Days
80a, Edgware Way, Edgware, Greater London, HA8 8JS£229,950£180,000-£49,95011 Oct 201901 Oct 20241817 Days
4 Robin Close, London, Greater London, NW7 3AF£950,000£930,000-£20,00004 Jun 202430 Sep 2024118 Days
3 Reynolds Drive, Edgware, Greater London, HA8 5PU£599,999£590,000-£9,99923 Apr 202407 Aug 2024106 Days
33 Ashcombe Gardens, Edgware, Greater London, HA8 8HR£659,950£645,000-£14,95004 Mar 202431 Jul 2024149 Days
13 Ashcombe Gardens, Edgware, Greater London, HA8 8HR£775,000£750,000-£25,00003 May 202426 Jul 202484 Days
6 Fernside Avenue, London, Greater London, NW7 3BD£790,000£790,000£0022 May 202327 Jun 2024402 Days

Most Expensive Streets in Edgware

PostcodeStreetAreaAverageNo. of Sales
HA7 4LSBrockley HillStanmore£2,318,7504
NW7 4LEMarsh LaneLondon£2,285,0003
HA8 9TPPenshurst GardensEdgware£1,336,0005
NW7 3NBMaxwelton AvenueLondon£1,260,5004
NW7 2ADLyndhurst AvenueLondon£1,256,6663
HA8 9GPWildernesse CloseEdgware£1,243,7504
HA8 8EAOakleigh GardensEdgware£1,210,0004
HA7 4LTBrockley AvenueStanmore£1,136,6663
NW7 3LYHighwood GroveLondon£1,135,0003
NW7 4QLCroft CloseLondon£1,051,6663

Least Expensive Streets in Edgware

PostcodeStreetAreaAverageNo. of Sales
HA8 5FQBurnt Oak BroadwayEdgware£179,22314
HA8 8SGSpringwood CrescentEdgware£196,0003
NW9 5BSMontrose CourtThe Hyde£202,2504
HA8 9YSBradman RowEdgware£202,5003
HA8 9YYGrace CloseEdgware£238,3124
HA8 5RBWarren WayEdgware£241,5504
HA8 5FFZodiac CloseEdgware£242,4336
HA8 8YZBurrell CloseEdgware£245,0005
HA8 9YRPavilion WayEdgware£247,9503
HA8 8SDSpringwood CrescentEdgware£256,5005

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