Are you moving to Edgware? Here’s all you need to know about house prices in Edgware in 2022. Discover what’s happening to house prices in Edgware, the UK property market and if now is a good time to buy your first home.
What is happening to house prices in Edgware?
Due to a volatile market, partly caused by the stamp duty holiday and the COVID-19 pandemic, house prices across the UK have risen considerably. In June, The Land Registry stated that the average UK property price increased by 7.8% year-on-year to £286,397.
However, property experts predict that house price growth will slow during the rest of 2022 as the cost of living crisis will likely result in fewer homes selling.
Is the UK property market slowing down?
Last year saw the UK property market soar due to the government’s Stamp Duty Tax Holiday. In 2022, the UK property market is experiencing a discrepancy between supply and demand.
According to property portal Rightmove’s ‘time to sell’ data, the average time it took to sell a property in July was 33 days compared to 36 days in July 2022.
House Prices in Edgware, 2022
On Rightmove, properties in Edgware had an overall average price of £596,582 over the last year. The majority of property sales in Edgware last year were semi-detached properties, selling for an average price of £652,840. Terraced properties in Edgware sell for an average of £525,314, and flats in the area sell for an average price of £351,802.
Over the last year, sold prices in Edgware, Greater London have increased by 6% on the previous year and are up 12% on the 2018 house price peak of £530,914.
Should I move to Edgware in Greater London?
Moving to Edgware in northern Greater London may be the perfect move for you if you’re looking for a suburban town with green spaces and easy access to London city centre. Edgware is mainly a shopping and residential area that includes Burnt Oak, The Hale, Canons Park, Edgwarebury and parts of Queensbury.
Whether moving to Edgware with your family, for a job opportunity, retirement, as first-time buyer or business owner, you’ll find the perfect Edgware home for you.
Move Home with The Self Storage Company
Moving home? At The Self Storage Company in Edgware, we understand that moving can be one of life’s most stressful events, especially if there are delays in the buyer’s chain, unforeseen issues on moving day, or you require temporary accommodation while waiting for your new keys.
However, when you choose our home storage service at our Edgware self-storage facility, you’ll benefit from a secure, affordable and accessible storage unit to help you save time and money.
Our team of self-storage experts are always available to offer storage advice and make the moving process as stress-free as possible. The Self Storage Company Edgware offers a range of self-storage units in various sizes, from 10sqft to 275sqft, and are ideal for storing furniture, household items and personal possessions on a short-term or long-term basis.
A professional security system with 24/7 CCTV, intruder alarms and smoke detectors mean you’ll benefit from the peace of mind whether you’re storing a few boxes of seasonal items or the entire contents of a five-bedroom family home.
Discover how The Self Storage Company can help you move to Edgware, Greater London by calling our friendly and experienced self-storage team on 0203 893 8100. You can also check out The Self Storage Company size guide for help choosing the right-sized storage unit for your needs.
Book an Edgware self-storage unit using our online booking tool and receive 50% off your first 8 weeks of storage!
The Self Storage Company in Edgware is located at 667 Watford Way, Apex Corner, London, NW7 3JR.