Oakwood House Prices, London
Oakwood is an area, located in the borough Enfield.
Oakwood House Prices
As of June, 2024, the average house prices in Oakwood are as follows:
- 1 bedroom flat – £350,000 (3.32%)
- 2 bedroom flat – £422,500 (-6.28%)
- 3 bedroom flat – £750,000 (1.01%)
- 4 bedroom flat – £900,000 (0.06%)
- 5 bedroom flat – £885,000 (-2.62%)
Keep in mind that these are simply the average rates for Oakwood 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 Oakwood, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Oakwood house price is £739,950, high by 7.2% as of £690,250 in May, 2024.
- Currently, there are 80 houses for sale and an average of 4 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Oakwood house prices.
Oakwood House Prices Growth
The average house price in Oakwood over the last 5 years is as follows:
- 2019-05 – £545,340
- 2020-05 – £535,782 (-1.75%)
- 2021-05 – £571,600 (6.69%)
- 2022-05 – £590,264 (3.27%)
- 2023-05 – £616,759 (4.49%)
- 2024-05 – £630,800 (2.28%)
Sold house prices in Oakwood have increased from May, 2023 to May, 2024. Compared to May, 2019, house prices are now up 15%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Oakwood house prices, it’s also wise to keep an eye on house rent prices in Oakwood. 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 Oakwood.