Most weeks, my articles on the Crouch End property market tackle some of the big issues surrounding the local property market, such as the lack of new homes being built in Crouch End, the trials and tribulations of being a Crouch End buy-to-let landlord and the future of the Crouch End property market.
In this week’s article, I wanted to give you some fun facts about the Crouch End property market – I talk about the 20 biggest streets in N8 in terms of the number of households on that street or road then compare their total values and how many people have moved homes in the last three years on those streets, with some most interesting and intriguing outcomes.
The biggest street in N8, when it comes to the number of houses on it is Park Road, with 482 homes. In second place is High Street with 477 homes and in third is Tottenham Lane with 425 homes.

Not surprisingly, the most valuable street of the top 20 biggest streets is Park Road at £270.7m with an average value of £562,000 per property.
The street with the greatest number of movers in the last 3 years is High Street, 12.4%, with the highest saleability rate of 52.0%.
The full breakdown can be found in this chart below.

Yet, on a more serious note…The basic rudiments of the Crouch End property market remain principally healthy in many parts of Crouch End, yet the existing political environment means that the vital element of confidence has been diminished slightly in certain parts. This is triggering a minority of potential property purchasers and house-sellers to vacillate, yet with unemployment at an all-time low, a record number of people with a job, ultra-low interest rates and decent mortgage availability (with the Banks and Building Societies tending to drop mortgage rates instead of increasing them), those Crouch End first time buyers (and especially Crouch End buy-to-let landlords) who have adjourned their next house purchase because of perceived political uncertainty, should be reminded that talking to many of my fellow Crouch End agents, they have more homes on their books than at any time for the last three or four years, so there is a greater choice of Crouch End properties to call your next home/BTL investment with a potential of securing a great property deal in the next month or so.
Irrespective of what happens with Brexit, Crouch End people will still need a roof over their heads and as I have mentioned on a number of occasions, I have proved beyond doubt we are not building enough homes, both locally in Crouch End and nationally. If supply is limited and demand increases (as the population grows and we get older), prices in the medium to long term can only go in one direction. Upwards!
So, whatever happens with BoJo and Brexit – why wait, because once we get over that hurdle, there will just be another hurdle and another hurdle and by which time – we will be in 2029 and you would have missed the boat. We survived the Global Financial Crash, 3-day week in the 1970’s, hyperinflation etc etc…..yet the choice is yours.

Sources: Royal Mail, Homesearch, Land Registry

David Astburys
15 Park Road
Crouch End
London N8 8TE
Tel: 020 3000 6787

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