We
2023 January - December
Property Marketing Insights
Est 1968
Our Beresfords Property Marketing Insights Report for Gidea Park provides you with area statistics, a review of the Residential Sales and Lettings Market over the last 12 months, and also gives you an insight into property prices in the area over a six year period. Interested in Gidea Park? Read on for more information.
Gidea Park tel | 01245 397499
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Area Insights | Gidea Park
Area Insights - Gidea Park Gidea Park has a population density of 42.1 residents per hectare and maintains a demographic profile demonstrating lower density than the regional average. As of 2021, the community hosted 90,018 residents, marking a notable 16.6% population increase over the decade from 2011 to 2021.
Economically, the predominant industry of employment in Gidea Park is public administration, education, and health, constituting 26.9% of the working-age population. This underscores the community’s commitment to sectors crucial for public well-being and civic services.
Demographically, Gidea Park has 14.6% of its population falling within the 35 to 44 age range, below the regional average. Housing dynamics further illustrate a diverse landscape, with 26.1% of households consisting of single occupants and 43.2% accommodating families with children.
In summary, Gidea Park emerges as a community with a unique demographic profile, showcasing lower population density, distinct age distribution, and a focus on vital sectors for community welfare within the broader regional context making the area highly desirable.
Gidea Park Residential Sales Overview •
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Over the last 12 months the average sales price in Gidea Park was £399,042. The total value of sales was £441,014,938. 28% of sales in the past 12 months were flats, achieving an average sales price of £237,978. Houses achieved an average price of £487,125.
The highest value recorded by the Land Registry over the past 12 months was £404,000 for a flat and £1,450,000 for a house.
We love the fact that Gidea Park is a neighbourhood filled with cottagey houses on leafy streets and beautiful parks making it a perfect location for the whole family. The transport links are exceptional with the new Elizabeth line providing direct access to Bond Street in central London. Robert Stiff Director of Office beresfords.co.uk
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Sales | Gidea Park
Average Sales Prices The chart below shows the average sales prices in Gidea Park for all properties from January 2018 (£325,809) to October 2023 (£390,704).
Change in prices compared to July 2022
Beresfords 2023 Statistics
15,171
384,652
New buyers registered
Unique visitors to our website
99% of asking price achieved
15,851 New tenants registered
beresfords.co.uk
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Lettings | Gidea Park
Gidea Park Residential Lettings Overview •
Over the last 12 months, the average rent achieved for homes let in Gidea Park was £1,422 per month. This is a +11% change on the previous 12 month period.
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68% of homes let in the past 12 months were flats, achieving an average rental value of £1,290 per month. Houses achieved an average rent of £1,759 per month. 27% of renters are aged between 25 and 29.
Below shows the average rental figures achieved in Gidea Park by property type.
Below shows the average rental figures achieved in Gidea Park by property type.
Independent Mortgage & Protection Advisers
Let Flagstone do the work! At Flagstone we like to build relationships and love nothing more than helping returning clients with their ongoing mortgage and protection needs. To find out how Flagstone can help you, call to book your FREE appointment on:
01245 955749 beresfords.co.uk