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Home of quirky shops, Abbey Road, amazing architecture and even the magic of Harry Potter at the Levesden Studio Tours, North London has a lot to offer. However, if you are looking to move from North London, what can you expect?
Looking to sell your North London home?
Prices in North London vary from borough to borough, although you can expect to achieve around £938,381 for your property. Barnet is the most expensive borough for buyers currently, and should achieve an average selling price of £1,298,377 from your home. This will of course depend on your property type, as well as the number of bedrooms.
Haringey also offers higher prices, and almost average for the region at £942,367 on average, while Enfield achieves the lowest property prices at £575,400 on average.
Looking to rent your North London home?
You may be moving from the region, but may want to rent out your property to potential tenants. So what can you expect rent-wise? Again, properties in Haringey should achieve an average monthly income of £1,881 PCM which is in line with the North London average.
Barnet is the most expensive borough for renters and should bring in £2,190 PCM, while Enfield still brings in a healthy £1,380 per month.
Buyer demographic in North London
Barnet is most popular with older families, where the average age is 37 years old. The majority of people in this borough have high-paying jobs as managers, directors or senior officials across a range of fields.
Enfield is also somewhat popular with families and married couples, although 32% of the population is currently single or living alone. Haringey, on the other hand, is primarily popular with single professionals and does well in attracting those who work in Central London, due to good transport links.
Enfield properties are quickest to be snapped up in North London, taking just 61 days for contracts to be signed and completed. Due to high prices, Barnet properties take the longest to sell at 115 days, although this is more in line with the majority of boroughs in London.
Haringey offers middle-ground selling times, taking just 71 days for property to sell.
Similar locations to North London
North London is a great place to live, and provides a variety of properties for those moving to the area. With high-priced properties in Barnet to the more affordable locations in Enfield, there is something there for most people. If you are looking for somewhere with a similar number of parks and greenspace to Barnet, consider moving to Richmond Upon Thames in West London. For good transport links to Central London and a more urban feel, consider making the move to Wandsworth in South London.
Comparemymove.com is the best start to planning any move, whether you are relocating within London, the UK or further afield. Get free quotes from Comparemymove.com and save up to 70% off your North London removals.
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