Feb 07, 2023 by HM

House prices in Muswell Hill (N10 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Muswell Hill (N10 2).


Defining 'N10 2'

This analysis is limited to properties whose postcode starts with "N10 2", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Muswell Hill is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 6, Elms Avenue, Muswell Hill, London, sold for £2,600,000 on Nov-2023. Given the internal area of 317 square metres, the price per sqm is £8,201.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £7,600-£8,000, £8,000-£8,400, £8,400-£8,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 137 sales in Muswell Hill (N10 2) that took place in the last two years.

Distribution of £ per sqm for Muswell Hill (N10 2)
Distribution of £ per sqm house prices in Muswell Hill

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Muswell Hill (N10 2). Of the 137 transactions, half were sold for between £6,510 and £9,180 per square metre. The median, or 'middle', price per square metre in 'N10 2' is £8,070. Notably, only 25% of properties that sold recently were valued at more than £9,180m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Muswell Hill

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Muswell Hill. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Muswell Hill
House price heatmap for Muswell Hill

Comparison with neighbouring postcode sectors

The table below shows how 'N10 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
N10 1 London £6,390m2 £7,340m2 £8,650m2
N10 3 Muswell Hill £7,770m2 £8,990m2 £10,000m2
N10 2 Muswell Hill £6,510m2 £8,070m2 £9,180m2

Will Muswell Hill house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for N10 2 (Muswell Hill). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for N10 2 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Muswell Hill (N10 2) over time
House price trends for Muswell Hill

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Muswell Hill and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Muswell Hill data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
Alexandra Road, Muswell Hill, N10 2E 69m2 £6,234 20
Sydney Road, Muswell Hill, N10 2R 75m2 £7,281 16
Pembroke Road, Muswell Hill, N10 2H 90m2 £6,586 12
Sydney Road, Muswell Hill, N10 2N 73m2 £5,938 11
Muswell Road, Muswell Hill, N10 2B 156m2 £9,045 10
The Avenue, Muswell Hill, N10 2Q 199m2 £8,723 9
Muswell Avenue, Muswell Hill, N10 2E 130m2 £8,819 9
Grosvenor Road, Muswell Hill, N10 2D 140m2 £9,677 8

Search for your street here.

Raw data

Our analysis of Muswell Hill is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
6, Elms Avenue, Muswell Hill, London £2,600,000
Nov-2023
317 8,201
24, Haldane Close, Muswell Hill, London £247,500
Nov-2023
39 6,346
Flat 4 Melbourne Court, Sydney Rd, Muswell Hill, London £357,550
Nov-2023
64 5,586

See the entire list of all sales in Muswell Hill (N10 2) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.