Gospel Oak House Prices, London
Gospel Oak is an area, located in the borough Camden.
Gospel Oak House Prices
![Gospel Oak house prices chart Gospel Oak house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-551.webp)
As of June, 2024, the average house prices in Gospel Oak are as follows:
- 1 bedroom flat – £450,000 (6.7%)
- 2 bedroom flat – £585,000 (-4.51%)
- 3 bedroom flat – £775,000 (4.71%)
- 4 bedroom flat – £1,450,000 (-12.08%)
- 5 bedroom flat – £2,325,000 (0%)
Keep in mind that these are simply the average rates for Gospel Oak house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Gospel Oak, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Gospel Oak house price is £592,500, low by 4.05% as of £617,500 in May, 2024.
- Currently, there are 22 houses for sale and an average of 2 property sales per month. The real estate market is stable, with a good balance between properties for sale and buyer demand, resulting in stable prices.
Check back next month for updated Gospel Oak house prices.
Gospel Oak House Prices Growth
![Gospel Oak house price growth Gospel Oak house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-551.webp)
The average house price in Gospel Oak over the last 5 years is as follows:
- 2019-06 – £680,268
- 2020-06 – £736,957 (8.33%)
- 2021-06 – £712,864 (-3.27%)
- 2022-06 – £723,664 (1.52%)
- 2023-06 – £761,595 (5.24%)
- 2024-06 – £731,833 (-3.91%)
Sold house prices in Gospel Oak have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 7%. Thus, if the trend continues, purchasing real estate in Gospel Oak in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Gospel Oak house prices, it’s also wise to keep an eye on house rent prices in Gospel Oak. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Gospel Oak.