Aug 09, 2022 by HM
House prices in Muswell Hill (N10 2)
This article reveals price per square foot data and various charts to help you understand current housing market in Muswell Hill (N10 2).
Price per square foot
Knowing the average house price in Muswell Hill is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:
£ per sqft = price ÷ internal areaE.g. 212, Alexandra Road, Muswell Hill, London, sold for £850,000 on Jun-2022. Given the internal area of 1044 square feet, the price per sqft is £814.
England & Wales are officially metric, government policy dating back to 1965. Unless you still think in yards, feet and inches please convert this page to square metres!
The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £706-£743, £743-£780, £780-£817 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 143 sales in Muswell Hill (N10 2) that took place in the last two years.
Distribution of £ per sqft for Muswell Hill (N10 2)
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.
That said, the spread of prices will give you a feel of the typical range to expect in Muswell Hill (N10 2). Of the 143 transactions, half were sold for between £577 and £835 per square foot. Notably, only 25% of properties that sold recently were valued at more than £835 per square foot. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.
For the average, we calculate the 'median' or middle price. The median price per square foot in 'N10 2' is £695. The table below shows how 'N10 2' compares to neighbouring postcode sectors.
|Postcode sector||Lower quartile||Middle quartile||Upper quartile|
|N10 1 London||£572 sqft||£647 sqft||£731 sqft|
|N10 2 Muswell Hill||£577 sqft||£695 sqft||£835 sqft|
|N10 3 Muswell Hill||£712 sqft||£801 sqft||£907 sqft|
Will Muswell Hill house prices drop in 2022?
We cannot tell the future and don't believe anyone who says they can. We can however plot price trends - we 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 foot in Muswell Hill (N10 2) over time
Click 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, we 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 - we do not verify the accuracy of the Muswell Hill data or any other data we are given.
Street level data
|Street||Avg size||Avg £/ft2||Recent sales|
|Alexandra Road, Muswell Hill, N10 2E||742 sqft||£534||22|
|Muswell Road, Muswell Hill, N10 2B||1,732 sqft||£771||13|
|Sydney Road, Muswell Hill, N10 2N||785 sqft||£559||12|
|Muswell Avenue, Muswell Hill, N10 2E||1,388 sqft||£778||12|
|Cambridge Gardens, Muswell Hill, N10 2L||473 sqft||£650||10|
|Rosebery Road, Muswell Hill, N10 2L||1,732 sqft||£809||10|
|Sydney Road, Muswell Hill, N10 2R||818 sqft||£613||10|
|Pembroke Road, Muswell Hill, N10 2H||957 sqft||£578||9|
Search for your street here.
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.
|212, Alexandra Rd, Muswell Hill, London|| £850,000
|35a, Alma Rd, Muswell Hill, London|| £635,000
|10, Elms Avenue, Muswell Hill, London|| £2,562,500
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.