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Palmers Green House Prices Palmers Green House Prices

The average house price in Palmers Green is £381,750 using HM Land Registry data.

The average property price increased by £105,983 (21.19%) over the last 5 years and increased by £21,182 (3.62%) over the last 12 months.

Over the last year, there were 79 residential property sales – a decrease of 47 transactions (-59.49%) relative to the previous year. The majority of house sales (21) were in the £418,000 - £536,000 range. Then came properties in the £300,000 - £418,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-29,300 (-3%).

In April 2024, there were 14 new estate agency instructions, 13 agreed home sales and 7 property price reductions.

Neighbouring Areas: Bowes, Southgate, Winchmore Hill

Postcodes Covered: N13, N14

5-Year Average Property Prices in Palmers Green

21.19%

Property prices in Palmers Green increased by 21.19% 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 Palmers Green Over the Last Year

3.62%

Property prices in Palmers Green increased by 3.62% 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 Palmers Green - 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 Palmers Green

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 Palmers Green

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 Palmers Green

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 Palmers Green since 1995

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

Recent Property Sales in Palmers Green

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
92 Palmerston Crescent, London, Greater London, N13 4NH£500,000£475,000-£25,00014 Sep 202319 Feb 2024158 Days
56 Park Avenue, Palmers Green, London, Greater London, N13 5PF£900,000£900,000£0011 Oct 202309 Feb 2024121 Days
62 Lightcliffe Road, London, Greater London, N13 5PW£400,000£400,000£0031 Jul 202324 Nov 2023116 Days
32 Riverway, London, Greater London, N13 5LJ£675,000£650,000-£25,00024 Jul 202315 Nov 2023114 Days
30 Grovelands Road, London, Greater London, N13 4RH£475,000£470,000-£5,00004 Aug 202324 Oct 202381 Days
18 Lodge Drive, London, Greater London, N13 5LB£350,000£340,000-£10,00017 Apr 201520 Oct 20233108 Days
11 Osborne Road, London, Greater London, N13 5PT£450,000£415,000-£35,00025 Apr 202310 Oct 2023168 Days
25 Crothall Close, London, Greater London, N13 4BN£700,000£680,000-£20,00011 May 202321 Sep 2023133 Days
42a, Grovelands Road, London, Greater London, N13 4RH£375,000£300,000-£75,00023 Mar 202320 Sep 2023181 Days
17 Grovelands Road, London, Greater London, N13 4RJ£1,295,000£1,270,000-£25,00007 Apr 202331 Aug 2023146 Days
63 Palmerston Crescent, London, Greater London, N13 4UD£725,000£708,000-£17,00018 May 202323 Aug 202397 Days
69b, Osborne Road, London, Greater London, N13 5PU£350,000£345,000-£5,00028 Oct 202221 Aug 2023297 Days
71 Palmerston Crescent, London, Greater London, N13 4UD£900,000£895,500-£4,50022 Mar 202331 Jul 2023131 Days
19 Grovelands Road, London, Greater London, N13 4RJ£1,500,000£1,300,000-£200,00009 Nov 202214 Jul 2023247 Days
22 Elmdale Road, London, Greater London, N13 4UL£435,000£420,000-£15,00011 Feb 202310 Jul 2023149 Days
12 The Crest, London, Greater London, N13 5JT£850,000£835,000-£15,00007 Nov 202213 Jun 2023218 Days
21 Fox Lane, London, Greater London, N13 4AB£899,995£890,000-£9,99514 Apr 202313 Jun 202360 Days
11 Hazelwood Lane, London, Greater London, N13 5EZ£700,000£685,000-£15,00022 Oct 202231 May 2023221 Days
34 Derwent Road, London, Greater London, N13 4PU£540,000£540,000£0004 Jan 202305 May 2023121 Days
38a, Lakeside Road, London, Greater London, N13 4PR£625,000£600,000-£25,00030 Nov 202206 Apr 2023127 Days

Most Expensive Streets in Palmers Green

PostcodeStreetAreaAverageNo. of Sales
N13 4PYDerwent RoadLondon£1,099,1666
N13 4RJGrovelands RoadLondon£1,003,4378
N14 7BLUlleswater RoadLondon£976,8754
N13 4PSLakeside RoadLondon£868,3756
N14 7BDConway RoadLondon£836,2504
N14 7BSUlleswater RoadLondon£824,1105
N13 4REOld Park RoadLondon£821,6666
N13 4PRLakeside RoadLondon£820,7207
N14 7BHConway RoadLondon£807,5004
N13 4PUDerwent RoadLondon£806,2504

Least Expensive Streets in Palmers Green

PostcodeStreetAreaAverageNo. of Sales
N13 4BWCrothall CloseLondon£196,6427
N13 4FAFox LaneLondon£281,6663
N13 4HXPilgrims CloseLondon£289,1663
N13 5JHNorth Circular RoadLondon£298,6995
N13 4AGPellipar CloseLondon£303,3669
N13 5BFBayswater CloseLondon£323,6666
N13 5PUOsborne RoadLondon£342,3333
N13 5REHazelwood HouseNew River Crescent£349,2077
N13 5LALodge DriveLondon£361,6663
N13 4BGCrothall CloseLondon£378,6666

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