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Southgate House Prices Southgate House Prices

The average house price in Southgate is £582,513 using HM Land Registry data.

The average property price increased by £140,952 (25.99%) over the last 5 years and increased by £28,171 (4.3%) over the last 12 months.

Over the last year, there were 218 residential property sales – a decrease of 144 transactions (-66.06%) relative to the previous year. The majority of house sales (50) were in the £320,000 - £462,000 range. Then came properties in the £746,000 - £888,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,726 (-2%).

In April 2024, there were 70 new estate agency instructions, 38 agreed home sales and 37 property price reductions.

Neighbouring Areas: Alexandra Palace, Bounds Green, Brunswick Park, Friern Barnet, Bowes, Cockfosters, Enfield, Oakwood, Palmers Green, Winchmore Hill, Wood Green

Postcodes Covered: N11, N13, N14, N21, N22

5-Year Average Property Prices in Southgate

25.99%

Property prices in Southgate increased by 25.99% 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 Southgate Over the Last Year

4.3%

Property prices in Southgate increased by 4.3% 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 Southgate - 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 Southgate

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 Southgate

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 Southgate

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 Southgate since 1995

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

Recent Property Sales in Southgate

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Westbury Road, London, Greater London, N11 2DB£850,000£820,000-£30,00010 Nov 202308 Mar 2024119 Days
137 Stanley Road, London, Greater London, N11 2JX£860,000£840,000-£20,00022 Sep 202323 Feb 2024154 Days
40 Wynchgate, London, Greater London, N14 6RL£950,000£927,500-£22,50006 Oct 202305 Feb 2024122 Days
41 Highworth Road, London, Greater London, N11 2SN£800,000£800,000£0017 Nov 202301 Feb 202476 Days
Flat 11, Lauder Court, Winchmore Hill Road, London, Greater London, N14 6AL£310,000£310,000£0012 Oct 202329 Jan 2024109 Days
35 Brycedale Crescent, London, Greater London, N14 7EX£849,950£830,000-£19,95026 Sep 202319 Jan 2024115 Days
31 Minchenden Crescent, London, Greater London, N14 7EJ£1,200,000£1,100,000-£100,00005 Jun 202319 Dec 2023197 Days
44 The Limes Avenue, London, Greater London, N11 1RH£640,000£600,000-£40,00011 Apr 202330 Nov 2023233 Days
14 Pevensey Avenue, London, Greater London, N11 2RD£575,000£550,000-£25,00022 Apr 202314 Nov 2023206 Days
27 Moffat Road, London, Greater London, N13 4SA£700,000£652,000-£48,00019 Jul 202310 Nov 2023114 Days
7 Farmleigh, London, Greater London, N14 5QJ£725,000£700,000-£25,00002 Jun 202310 Nov 2023161 Days
95 Chelmsford Road, London, Greater London, N14 5PY£685,000£680,000-£5,00027 Jun 202310 Nov 2023136 Days
17 Willow Walk, London, Greater London, N21 1NG£825,000£755,000-£70,00017 May 202310 Nov 2023177 Days
91 Winchmore Hill Road, London, Greater London, N14 6AH£1,100,000£1,075,000-£25,00022 Apr 202301 Nov 2023193 Days
46 Mayfield Avenue, London, Greater London, N14 6DU£750,000£690,000-£60,00017 Mar 202330 Oct 2023227 Days
70 The Vale, London, Greater London, N14 6AU£900,000£880,000-£20,00012 Jul 202330 Oct 2023110 Days
124 Wynchgate, London, Greater London, N21 1QU£995,000£965,000-£30,00023 May 202330 Oct 2023160 Days
115 Maidstone Road, London, Greater London, N11 2JT£950,000£947,000-£3,00008 Jun 202320 Oct 2023134 Days
Flat 14, Cedar Court, Upper Park Road, London, Greater London, N11 1RU£265,000£255,000-£10,00006 Feb 202310 Oct 2023246 Days
3 Orchid Road, London, Greater London, N14 5HJ£400,000£392,500-£7,50020 Jun 202305 Oct 2023107 Days

Most Expensive Streets in Southgate

PostcodeStreetAreaAverageNo. of Sales
N14 6PABourne AvenueLondon£1,686,9995
N14 6PDBourne AvenueLondon£1,281,5004
N14 6QUParkwayLondon£1,201,2504
N14 6DPThe CloseLondon£1,165,0003
N14 6RGQueen Elizabeths DriveLondon£1,162,5003
N14 7HPMorton WayLondon£1,116,6663
N14 6NNGreenwayLondon£1,110,0003
N14 6RDQueen Elizabeths DriveLondon£1,082,2779
N14 7HHTownsend AvenueLondon£1,080,2506
N13 4BJAmberley RoadLondon£1,058,3333

Least Expensive Streets in Southgate

PostcodeStreetAreaAverageNo. of Sales
N13 4EFLily WayLondon£162,2814
N11 1RUCedar CourtUpper Park Road£213,3333
N14 4ENGrove CloseAvenue Road£223,0003
N14 4BWAvenue RoadLondon£234,85721
N14 4DLLousada LodgeAvenue Road£276,3333
N14 5HUHeathdeneChase Side£283,6663
N14 6DALeigh Hunt DriveLondon£291,3333
N21 1PSChaseville Park RoadLondon£298,6663
N21 1QLPark HouseWinchmore Hill Road£303,7504
N22 8RLCollings CloseLondon£307,0003

Explore Southgate and Neighbouring Area House Prices

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