Bowershott, Letchworth Garden City, SG6

Street Guide For Bowershott, Letchworth Garden City, SG6

 

Bowershott, Letchworth Garden City, SG6 Map

Estimated Price: £396,931
Average Asking Price: £352,662
Price change in last one year: £39,245
Average Price Paid: £314,300
Average Rent Rates: £1,007

 

Property Prices Breakdown in Bowershott, Letchworth Garden City, SG6

Average Price for property in Bowershott, Letchworth Garden City, SG6 is around £396,931 which varies based on type of property you are interested in and ranges from £416,321 for detached house to around £394,304 for semi-detached. Similarly terraced house is around £378,795. Values have been changing and have risen £5,567 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,858 in last 6 months, £39,245 in last 1 year, £54,155 in last 2 years, £51,414 in last 3 years, £56,218 in last 4 years and £61,446 in last 5 years.

Currently average asking price of a property in Bowershott, Letchworth Garden City, SG6 is around £352,662 based on approximately 2 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,007 per month.

Estimated property value in Bowershott, Letchworth Garden City, SG6 is £396,931. Average asking price is £352,662 while average price paid is £337,500 which is up by £39,245 and Avg. asking rent £1,007.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 Bowershott, Letchworth Garden City, SG6 area. In last 1 year alone average price buyer paid is around £337,500 based on approximately 2 sales in Bowershott, Letchworth Garden City, SG6 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £343,600. 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 £314,300 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £311,380 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 £147,498, £225,000 for a 2 bedroom house, £293,412 for a 3 bedroom house, £486,242 for a 4 bedroom house and £799,993 for a 5 bedroom house. For a flat similarly the prices varies from £144,643 for a single bedroom to £174,991 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £130,000. To sum up the asking prices for properties in Bowershott, Letchworth Garden City, SG6 it comes to around average £145,277 for 1 bedroom property, £194,994 for 2 bedroom, £286,876 for 3 bedroom, £486,242 for 4 bedroom and £799,993 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 £800 for 2 bedroom to £867 for 3 bedroom and £2,500 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £587. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £764 and £750 for 3 bedroom. You should be generally be expecting around average £587 rent per month for single bedroom property, £778 for 2 bedroom, £808 for 3 bedroom and approximately £2,500 for 4 bedroom property in Bowershott, Letchworth Garden City, SG6 area.

Popular Houses in Bowershott, Letchworth Garden City, SG6

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 Bowershott, Letchworth Garden City, SG6