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Finchley Housing Market 2021

The start of a year provides an opportunity for a fresh start, and a chance to make plans for what lies ahead.

 

While 2021 is likely to be a year of great uncertainty, there will be opportunities for people to make the most of the year.

 

It is correct to say the housing market ended 2020 in a robust manner. Many industry experts believe the market will continue in this vein for some time. However, there are concerns over the longer-term nature of the property market in 2021.

 

At David Harris & Co, we want you to make an informed decision at all times. We know the local market well, and we are pleased to say we have helped many buyers and vendors in and around Finchley.

 

We are committed to staying in touch with the latest property market news, and we listen to what the leading property portals say about the local and national markets. If you are keen to make an informed decision regarding the housing market, please rely on us.

 

As of the end of December 2020, Rightmove said the following regarding the Finchley housing market.

 

Properties in Finchley had an overall average price of £652,680 over the last year. The majority of sales in Finchley during the last year were flats, selling for an average price of £432,769. Terraced properties sold for an average of £687,757, with semi-detached properties fetching £865,146.

Overall, sold prices in Finchley over the last year were 8% up on the previous year and 5% up on the 2017 peak of £622,539.”

At the end of December 2020, Rightmove had a total of 487 properties listed for sale in Finchley.

 

Of the 487 listed properties in Finchley, 26 are listed as detached properties, while 51 are classed as semi-detached property.

 

Flats are the most common property for sale in Finchley

There is a slight increase when it comes to terraced properties, with 60 terraced properties listed for sale in and around Finchley according to Rightmove near the end of December.

 

Therefore, it shouldn’t be a surprise that the most popular form of property listed for sale in Finchley is flats. There are 348 flats listed for sale in the local area.

 

Garden space and parking spots are in high demand

The most popular search term used by property buyers in 2020, according to Zoopla, was gardens. Parking was also another common search term, with garage space rounding out the top three terms.

 

If you are looking for these features in a property, you will be pleased to know they are available in abundance in and around Finchley.

 

Of the 487 listed properties in Finchley, 273 have been listed has having a garden.

 

If you are looking for property with a dedicated parking space, there are 323 listings with parking for property in Finchley.

 

A total of 179 properties for sale in Finchley are listed as offering a garden and parking space.

 

If you have any questions about the housing market, or you need assistance, please contact David Harris & Co today.

David Harris

Finchley, Housing Market, 2021, Property

08.01.21

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