Southgate House Prices, London
Southgate is an area, located in the borough Enfield.
Southgate House Prices
As of June, 2024, the average house prices in Southgate are as follows:
- studio – £237,497 (8.36%)
- 1 bedroom flat – £335,000 (2.83%)
- 2 bedroom flat – £432,475 (-3.53%)
- 3 bedroom flat – £739,950 (-0.05%)
- 4 bedroom flat – £950,000 (-1.74%)
- 5 bedroom flat – £1,100,000 (-1.57%)
Keep in mind that these are simply the average rates for 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 Southgate, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Southgate house price is £700,000, low by 3.45% as of £725,000 in May, 2024.
- Currently, there are 226 houses for sale and an average of 11 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Southgate house prices.
Southgate House Prices Growth
The average house price in Southgate over the last 5 years is as follows:
- 2019-06 – £572,883
- 2020-06 – £561,198 (-2.04%)
- 2021-06 – £602,917 (7.43%)
- 2022-06 – £641,534 (6.41%)
- 2023-06 – £655,742 (2.21%)
- 2024-06 – £678,957 (3.54%)
Sold house prices in Southgate have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 18%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Southgate house prices, it’s also wise to keep an eye on house rent prices in 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 Southgate.