Market Insights - Harold Wood

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We

2023 January - December

Property Marketing Insights

Est 1968

Our Beresfords Property Marketing Insights Report for Harold Wood 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 Harold Wood? Read on for more information.

Harold Wood tel | 01245 397499


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Area Insights | Harold Wood

Area Insights - Harold Wood Harold Wood has a population density of 36 residents per hectare and maintains a demographic profile reflecting a lower density compared to the broader regional average. In 2021, the community was home to 48,112 residents, marking a substantial 23.9% population increase over the decade from 2011 to 2021.

Economically, the most predominant industry of employment in Harold Wood is public administration, education, and health, constituting 26.6% of the working-age population. This underscores the community’s commitment to sectors integral for public well-being and civic services.

Demographically, Harold Wood exhibits distinctive features, with 15.1% of its population falling within the 35 to 44 age range, below the regional average. Housing dynamics further illustrate a diverse landscape, with 27.7% of households consisting of single occupants and 44.9% accommodating families with children.

In summary, Harold Wood presents itself as a community with a unique demographic composition, featuring lower population density, a specific age distribution, and a strategic focus on key employment sectors, contributing to the town’s distinctive character within the regional context.

Harold Wood Residential Sales Overview •

Over the last 12 months the average sales price in Harold Wood was £373,819. The total value of sales was £175,277,800. 22% of sales in the past 12 months were flats, achieving an average sales price of £237,593. Houses achieved an average price of £425,498.

The highest value recorded by the Land Registry over the past 12 months was £595,000 for a flat and £1,100,000 for a house.

We love that Harold Wood is a quiet residential Victorian suburb with easy access of everything the capital has to o�er. There is plenty of green space for families to enjoy and the transport links are exceptional with the new Elizabeth line providing direct access to Bond Street in Central London. Kimberley Money Branch Manager beresfords.co.uk


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Sales | Harold Wood

Average Sales Prices The chart below shows the average sales prices in Harold Wood for all properties from January 2018 (£323,037) to October 2023 (£373,817).

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 | Harold Wood

Harold Wood Residential Lettings Overview •

Over the last 12 months, the average rent achieved for homes let in Harold Wood was £1,469 per month. This is a +10% change on the previous 12 month period.

44% of homes let in the past 12 months were flats, achieving an average rental value of £1,227 per month. Houses achieved an average rent of £1,691 per month. 27% of renters are aged between 25 and 29.

Below shows the average rental figures achieved in Harold Wood by property type.

Below shows the average rental figures achieved in Harold Wood 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


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