New Southgate House Prices, London
New Southgate House Prices
![New Southgate house prices chart New Southgate house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-75.webp)
As of June, 2024, the average house prices in New Southgate are as follows:
- studio – £249,995 (36.99%)
- 1 bedroom flat – £300,000 (-2.9%)
- 2 bedroom flat – £425,000 (-0.62%)
- 3 bedroom flat – £625,000 (-1.38%)
- 4 bedroom flat – £825,000 (0.64%)
- 5 bedroom flat – £875,000 (2.51%)
Keep in mind that these are simply the average rates for New Southgate 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 New Southgate, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average New Southgate house price is £530,000, high by 0.47% as of £527,500 in May, 2024.
- Currently, there are 206 houses for sale and an average of 14 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated New Southgate house prices.
New Southgate House Prices Growth
![New Southgate house price growth New Southgate house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-75.webp)
The average house price in New Southgate over the last 5 years is as follows:
- 2019-06 – £467,416
- 2020-06 – £457,228 (-2.18%)
- 2021-06 – £490,789 (7.34%)
- 2022-06 – £497,580 (1.38%)
- 2023-06 – £560,155 (12.58%)
- 2024-06 – £578,022 (3.19%)
Sold house prices in New Southgate have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 23%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average New Southgate house prices, it’s also wise to keep an eye on house rent prices in New Southgate. 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 New Southgate.