Oakwood House Prices Oakwood House Prices

The average house price in Oakwood is £595,000 using HM Land Registry data.

The average property price increased by £58,590 (9.47%) over the last 5 years and increased by £11,710 (1.76%) over the last 12 months.

Over the last year, there were 67 residential property sales – a decrease of 12 transactions (-17.91%) relative to the previous year. The majority of house sales (19) were in the £702,000 - £826,000 range. Then came properties in the £330,000 - £454,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,866 (-2%).

In April 2024, there were 26 new estate agency instructions, 12 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Oakwood

9.47%

Property prices in Oakwood increased by 9.47% 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

1.76%

Property prices in Oakwood increased by 1.76% 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 Oakwood - 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 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 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
85 Prince George Avenue, London, Greater London, N14 4SN£800,000£800,000£0007 Jul 202319 Dec 2023165 Days
30 Netherby Gardens, Enfield, Greater London, EN2 7PB£799,995£760,000-£39,99530 May 202307 Dec 2023191 Days
20 Simpson Close, London, Greater London, N21 1SR£499,995£490,000-£9,99509 May 202301 Dec 2023206 Days
39 Prince George Avenue, London, Greater London, N14 4TL£900,000£867,500-£32,50002 Aug 202310 Nov 2023100 Days
Flat 23, Catherine Court, Chase Road, London, Greater London, N14 4RB£250,000£247,500-£2,50031 Aug 202310 Nov 202371 Days
17 Clifton Gardens, Enfield, Greater London, EN2 7PL£975,000£960,000-£15,00016 May 202307 Nov 2023175 Days
3 Carlton Avenue, London, Greater London, N14 4TY£850,000£820,000-£30,00011 Jul 202331 Oct 2023112 Days
278 Lonsdale Drive, Enfield, Greater London, EN2 7LD£600,000£600,000£0026 May 202326 Oct 2023153 Days
25 Curthwaite Gardens, Enfield, Greater London, EN2 7LW£830,000£810,000-£20,00017 Oct 202219 Oct 2023367 Days
23 Roundhill Drive, Enfield, Greater London, EN2 7RL£475,000£460,000-£15,00008 Feb 202305 Oct 2023239 Days
36 Anderson Close, London, Greater London, N21 1TH£390,000£390,000£0007 Sep 202229 Sep 2023387 Days
17 Pennington Drive, London, Greater London, N21 1TB£289,995£275,000-£14,99504 Feb 202311 Sep 2023219 Days
Flat 3, Alexandra Court, Chase Road, London, Greater London, N14 4RE£475,000£460,000-£15,00019 Feb 202231 Aug 2023558 Days
50 Sheringham Avenue, London, Greater London, N14 4UG£800,000£775,000-£25,00026 Dec 202225 Aug 2023242 Days
8 Highlands Avenue, London, Greater London, N21 1UG£730,000£710,000-£20,00018 Apr 202304 Aug 2023108 Days
182 South Lodge Drive, London, Greater London, N14 4XN£1,125,000£1,080,000-£45,00031 Mar 202301 Aug 2023123 Days
164 Lonsdale Drive, Enfield, Greater London, EN2 7NF£820,000£820,000£0023 May 202328 Jul 202366 Days
13 Overton Road, London, Greater London, N14 4SX£810,000£790,000-£20,00007 Nov 202223 Jun 2023228 Days
5 Laidlaw Drive, London, Greater London, N21 1SS£650,000£625,000-£25,00009 Feb 202323 Jun 2023134 Days
8 Harper Close, London, Greater London, N14 4ES£600,000£597,500-£2,50009 Feb 202320 Jun 2023131 Days

Most Expensive Streets in Oakwood

PostcodeStreetAreaAverageNo. of Sales
EN2 7LWCurthwaite GardensEnfield£1,005,8333
N14 4XNSouth Lodge DriveLondon£997,4166
N14 4XLSouth Lodge DriveLondon£935,0003
N14 4SPPrince George AvenueLondon£921,2504
N14 4RJLakenheathLondon£915,4005
N14 4SSKenwood AvenueLondon£906,6663
N14 4SYOverton RoadLondon£906,6663
N14 4TDPrince George AvenueLondon£905,5004
EN2 7NUGreystoke GardensEnfield£873,3333
N14 4SXOverton RoadLondon£860,4996

Least Expensive Streets in Oakwood

PostcodeStreetAreaAverageNo. of Sales
N14 4RBCatherine CourtChase Road£258,5004
N21 1TXNewsholme DriveLondon£308,3333
N21 1SGBuchanan CloseLondon£311,6666
N14 4BEAshridge CourtReservoir Road£327,8333
N21 1TRPennington DriveLondon£333,3333
N14 4REAlexandra CourtChase Road£361,6663
N21 1UFNewsholme DriveLondon£373,3333
N14 4RHGerrards CloseLondon£378,6293
N14 4EXThe PinesChase Road£381,8754
N21 1TWNewsholme DriveLondon£384,3577

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