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Edgware House Prices Edgware House Prices

The average house price in Edgware is £628,500 using HM Land Registry data.

The average property price increased by £120,658 (24.9%) over the last 5 years and increased by £24,115 (4.15%) over the last 12 months.

Over the last year, there were 338 residential property sales – a decrease of 227 transactions (-67.16%) relative to the previous year. The majority of house sales (75) were in the £434,000 - £548,000 range. Then came properties in the £320,000 - £434,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-30,748 (-3%).

In April 2024, there were 116 new estate agency instructions, 52 agreed home sales and 40 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

24.9%

Property prices in Edgware increased by 24.9% 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

4.15%

Property prices in Edgware increased by 4.15% 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 - 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 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 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
96 Honeypot Lane, London, Greater London, NW9 9QX£550,000£490,000-£60,00015 Dec 202314 Mar 202490 Days
57 Axholme Avenue, Edgware, Greater London, HA8 5BD£605,000£605,000£0008 Mar 202408 Mar 20240 Days
130 Beverley Drive, Edgware, Greater London, HA8 5NE£700,000£700,000£0010 Mar 202301 Mar 2024357 Days
90 Hale Drive, Mill Hill, London, Greater London, NW7 3ED£660,000£660,000£0020 Feb 202420 Feb 20240 Days
66 Mollison Way, Edgware, Greater London, HA8 5QW£650,000£595,000-£55,00019 Sep 202316 Feb 2024150 Days
8 Highview Avenue, Edgware, Greater London, HA8 9TZ£700,000£625,000-£75,00017 Oct 202314 Feb 2024120 Days
38 Windsor Avenue, Edgware, Greater London, HA8 8SR£669,500£645,000-£24,50012 Oct 202331 Jan 2024111 Days
5 Banstock Road, Edgware, Greater London, HA8 9JQ£425,000£400,000-£25,00005 Sep 202330 Jan 2024147 Days
48 Ellesmere Avenue, London, Greater London, NW7 3EY£849,950£813,000-£36,95019 Oct 202329 Jan 2024102 Days
82 Tewkesbury Gardens, London, Greater London, NW9 0QX£700,000£662,000-£38,00029 Aug 202326 Jan 2024150 Days
85 Ellesmere Avenue, London, Greater London, NW7 3HB£650,000£650,000£0008 Sep 202325 Jan 2024139 Days
4 Sunnydale Gardens, London, Greater London, NW7 3PB£1,150,000£1,150,000£0006 Sep 202323 Jan 2024139 Days
22 Lyndhurst Avenue, London, Greater London, NW7 2AB£899,950£845,000-£54,95002 Jun 202312 Jan 2024224 Days
24 Selvage Lane, London, Greater London, NW7 3SP£875,000£855,000-£20,00029 Jun 202302 Jan 2024187 Days
47 Bullescroft Road, Edgware, Greater London, HA8 8RN£649,950£625,000-£24,95021 Nov 202329 Dec 202338 Days
6 Broomgrove Gardens, Edgware, Greater London, HA8 5SJ£534,950£510,000-£24,95023 Jun 202315 Dec 2023175 Days
107 Axholme Avenue, Edgware, Greater London, HA8 5BD£660,000£660,000£0014 Dec 202314 Dec 20230 Days
31 Montgomery Road, Edgware, Greater London, HA8 6NS£575,000£560,000-£15,00029 Sep 202313 Dec 202375 Days
1 Oak Gardens, Edgware, Greater London, HA8 5LF£575,000£550,000-£25,00024 Jul 202311 Dec 2023140 Days
107 Crundale Avenue, London, Greater London, NW9 9PS£750,000£710,000-£40,00019 May 202311 Dec 2023206 Days

Most Expensive Streets in Edgware

PostcodeStreetAreaAverageNo. of Sales
NW7 4HHNan Clarks LaneLondon£4,100,0003
HA7 4LSBrockley HillStanmore£2,318,7504
NW7 4LEMarsh LaneLondon£2,285,0003
HA8 9TPPenshurst GardensEdgware£1,428,7504
HA7 4LXBrockley AvenueStanmore£1,371,6663
NW7 3NBMaxwelton AvenueLondon£1,260,5004
NW7 2ADLyndhurst AvenueLondon£1,256,6663
HA8 9GPWildernesse CloseEdgware£1,243,7504
HA8 8EAOakleigh GardensEdgware£1,210,0004
NW7 3LYHighwood GroveLondon£1,135,0003

Least Expensive Streets in Edgware

PostcodeStreetAreaAverageNo. of Sales
HA8 8SFSpringwood CrescentEdgware£185,0003
HA8 5FQBurnt Oak BroadwayEdgware£185,06811
HA8 8BXPenniwell CloseEdgware£190,6663
NW9 5BSMontrose CourtThe Hyde£202,2504
HA8 9YYGrace CloseEdgware£238,3124
HA8 5RBWarren WayEdgware£241,5504
NW9 9QZRose Bates DriveLondon£242,6663
HA8 8YZBurrell CloseEdgware£245,0005
NW9 5LZPageant AvenueLondon£253,7223
HA8 8FYBrannigan WayEdgware£255,4374

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