Values have been changing and have risen £2,654 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,627 in last 6 months, £16,811 in last 1 year, £27,749 in last 2 years, £26,227 in last 3 years, £27,309 in last 4 years and £29,210 in last 5 years.
Currently average asking price of a property in Bingen Road, Hitchin, SG5 is around £319,174 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,247 per month.
Estimated property value in Bingen Road, Hitchin, SG5 is £194,731. Average asking price is £319,174 while average price paid is £169,750 which is up by £16,811 and Avg. asking rent £1,247.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 Bingen Road, Hitchin, SG5 area. In last 1 year alone average price buyer paid is around £169,750 based on approximately 2 sales in Bingen Road, Hitchin, SG5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £158,500. 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 £159,583 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £148,937 per sale.