Barnet Lane, Elstree, Borehamwood, WD6

Street Guide For Barnet Lane, Elstree, Borehamwood, WD6

 

Barnet Lane, Elstree, Borehamwood, WD6 Map

Estimated Price: £1,312,794
Average Asking Price: £808,252
Price change in last one year: £113,354
Average Price Paid: £561,565
Average Rent Rates: £2,366

 

Property Prices Breakdown in Barnet Lane, Elstree, Borehamwood, WD6

Average Price for property in Barnet Lane, Elstree, Borehamwood, WD6 is around £1,312,794 which varies based on type of property you are interested in and ranges from £2,678,507 for detached house to around £1,047,535 for semi-detached. Similarly terraced house is around £334,956 and a flat is worth £277,814. Values have been changing and have risen £6,729 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,425 in last 6 months, £113,354 in last 1 year, £173,304 in last 2 years, £238,138 in last 3 years, £235,195 in last 4 years and £245,573 in last 5 years.

Currently average asking price of a property in Barnet Lane, Elstree, Borehamwood, WD6 is around £808,252 based on approximately 5 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £2,366 per month.

Estimated property value in Barnet Lane, Elstree, Borehamwood, WD6 is £1,312,794. Average asking price is £808,252 while average price paid is £739,800 which is up by £113,354 and Avg. asking rent £2,366.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 Barnet Lane, Elstree, Borehamwood, WD6 area. In last 1 year alone average price buyer paid is around £739,800 based on approximately 5 sales in Barnet Lane, Elstree, Borehamwood, WD6 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £615,538. 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 £561,565 for 23 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £601,812 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 £109,975, £271,978 for a 2 bedroom house, £407,687 for a 3 bedroom house, £554,981 for a 4 bedroom house and £1,884,362 for a 5 bedroom house. For a flat similarly the prices varies from £207,841 for a single bedroom to £324,522 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £430,000. To sum up the asking prices for properties in Barnet Lane, Elstree, Borehamwood, WD6 it comes to around average £186,093 for 1 bedroom property, £308,102 for 2 bedroom, £408,344 for 3 bedroom, £554,981 for 4 bedroom and £1,884,362 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 £920 for 1 bedroom to £1,228 for 2 bedrooms, £1,439 for 3 bedrooms, £1,551 for 4 bedrooms and £5,667 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £893. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,346. You should be generally be expecting around average £898 rent per month for single bedroom property, £1,327 for 2 bedroom, £1,439 for 3 bedroom, £1,551 for 4 bedroom and approximately £5,667 for a 5 bedroom property in Barnet Lane, Elstree, Borehamwood, WD6 area.

Popular Houses in Barnet Lane, Elstree, Borehamwood, WD6

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 Barnet Lane, Elstree, Borehamwood, WD6