Balmoral Road, Watford, WD24

Street Guide For Balmoral Road, Watford, WD24

 

Balmoral Road, Watford, WD24 Map

Estimated Price: £322,656
Average Asking Price: £297,661
Price change in last one year: £35,447
Average Price Paid: £237,633
Average Rent Rates: £1,563

 

Property Prices Breakdown in Balmoral Road, Watford, WD24

Average Price for property in Balmoral Road, Watford, WD24 is around £322,656 which varies based on type of property you are interested in and ranges from £367,507 for detached house to around £379,872 for semi-detached. Similarly terraced house is around £305,486 and a flat is worth £174,452. Values have been changing and have risen £2,473 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,450 in last 6 months, £35,447 in last 1 year, £49,108 in last 2 years, £64,581 in last 3 years, £63,884 in last 4 years and £67,369 in last 5 years.

Currently average asking price of a property in Balmoral Road, Watford, WD24 is around £297,661 based on approximately 4 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £1,563 per month.

Estimated property value in Balmoral Road, Watford, WD24 is £322,656. Average asking price is £297,661 while average price paid is £297,487 which is up by £35,447 and Avg. asking rent £1,563.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Balmoral Road, Watford, WD24 area. In last 1 year alone average price buyer paid is around £297,487 based on approximately 4 sales in Balmoral Road, Watford, WD24 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £252,278. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £237,633 for 36 and average amount paid for purchase of approx. 47 properties sold in last 7 years comes to about £234,015 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £250,000, £289,982 for a 2 bedroom house, £333,300 for a 3 bedroom house, £399,617 for a 4 bedroom house and £395,450 for a 5 bedroom house. For a flat similarly the prices varies from £170,633 for a single bedroom to £191,650 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £385,000. To sum up the asking prices for properties in Balmoral Road, Watford, WD24 it comes to around average £178,570 for 1 bedroom property, £224,427 for 2 bedroom, £338,470 for 3 bedroom, £399,617 for 4 bedroom and £395,450 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,088 for 2 bedroom to £1,238 for 3 bedroom and £1,130 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £764. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,032 and £1,198 for 3 bedroom. You should be generally be expecting around average £764 rent per month for single bedroom property, £1,048 for 2 bedroom, £1,231 for 3 bedroom and approximately £1,130 for 4 bedroom property in Balmoral Road, Watford, WD24 area.

Popular Houses in Balmoral Road, Watford, WD24

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Balmoral Road, Watford, WD24