Values have been changing and have risen £2,125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,355 in last 6 months, £33,771 in last 1 year, £42,954 in last 2 years, £54,488 in last 3 years, £55,529 in last 4 years and £61,311 in last 5 years.
Currently average asking price of a property in Birchwood, Newcome Road, Shenley, Radlett, WD7 is around £1,981,542 based on approximately 1 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £2,329 per month.
Estimated property value in Birchwood, Newcome Road, Shenley, Radlett, WD7 is £297,610. Average asking price is £1,981,542 while average price paid is £212,000 which is up by £33,771 and Avg. asking rent £2,329.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 Birchwood, Newcome Road, Shenley, Radlett, WD7 area. In last 1 year alone average price buyer paid is around £212,000 based on approximately 1 sales in Birchwood, Newcome Road, Shenley, Radlett, WD7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £193,500. 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 £230,900 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £230,900 per sale.