Berkhamsted

Area Guide For Berkhamsted

Berkhamsted is a little, memorable business town in the Chiltern Hills, which is spotted on the western edge of Hertfordshire, England. The town is 26 miles northwest of London, and is in the Metropolitan Green Belt. Berkhamsted is a common ward, with a Town Council in the precinct of Dacorum. The residential area of Tring and the substantial town of Hemel Hempstead are likewise in Dacorum. The most established known existing urban jettied timber encircled building in Great Britain, assembled between 1277-97, is among the Grade II structures on the high street. Reviewing the town's high road, the Academy of Urbanism said in November 2014, "No doubt, by any measure, Berkhamsted is a fruitful town.”

 
 

Berkhamsted Map

Estimated Price: £587,759
Average Asking Price: £710,990
Price change in last one year: £48,931
Average Price Paid: £463,566
Average Rent Rates: £1,638

 
 

Property Prices Breakdown in Berkhamsted

Average Price for property in Berkhamsted is around £587,759 which varies based on type of property you are interested in and ranges from £909,818 for detached house to around £500,862 for semi-detached. Similarly terraced house is around £427,674 and a flat is worth £309,437. Values have been changing and have risen £6,280 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,092 in last 6 months, £48,931 in last 1 year, £90,947 in last 2 years, £91,192 in last 3 years, £97,522 in last 4 years and £121,516 in last 5 years.

Currently average asking price of a property in Berkhamsted is around £710,990 based on approximately 406 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £1,638 per month.

Estimated property value in Berkhamsted is £587,759. Average asking price is £710,990 while average price paid is £506,774 which is up by £48,931 and Avg. asking rent £1,638.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 Berkhamsted area. In last 1 year alone average price buyer paid is around £506,774 based on approximately 406 sales in Berkhamsted area alone. If you compare it to last 3 years sales of 1,306 properties where buyers paid around £477,848. 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 £463,566 for 2,193 and average amount paid for purchase of approx. 2,968 properties sold in last 7 years comes to about £448,375 per sale.

 
 

Properties For Sale in Berkhamsted

 
 

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 £190,000, £248,114 for a 2 bedroom house, £483,333 for a 3 bedroom house, £832,182 for a 4 bedroom house and £1,394,279 for a 5 bedroom house. For a flat similarly the prices varies from £209,950 for a single bedroom to £254,983 for a 2 bedroom Flat. To sum up the asking prices for properties in Berkhamsted it comes to around average £196,650 for 1 bedroom property, £251,285 for 2 bedroom, £483,333 for 3 bedroom, £832,182 for 4 bedroom and £1,394,279 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 £1,148 for 2 bedroom to £1,637 for 3 bedroom and £2,572 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £949. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,449. You should be generally be expecting around average £949 rent per month for single bedroom property, £1,374 for 2 bedroom, £1,637 for 3 bedroom and approximately £2,572 for 4 bedroom property in Berkhamsted area.

Popular Houses in Berkhamsted

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.

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