Average Price for property in Burns Drive, Hemel Hempstead, HP2 is around £161,639 which varies based on type of property you are interested in and ranges from £265,651 for terraced house to around £136,959 for a flat. Values have been changing and have risen £1,426 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,378 in last 6 months, £14,292 in last 1 year, £20,393 in last 2 years, £26,721 in last 3 years, £24,191 in last 4 years and £26,214 in last 5 years.
Currently average asking price of a property in Burns Drive, Hemel Hempstead, HP2 is around £299,084 based on approximately 3 properties for sale. Same is the case with rental options based on 109 properties up for rent, average asking rent is around £2,113 per month.
Estimated property value in Burns Drive, Hemel Hempstead, HP2 is £161,639. Average asking price is £299,084 while average price paid is £162,666 which is up by £14,292 and Avg. asking rent £2,113.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 Burns Drive, Hemel Hempstead, HP2 area. In last 1 year alone average price buyer paid is around £162,666 based on approximately 3 sales in Burns Drive, Hemel Hempstead, HP2 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £120,363. 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 £116,000 for 18 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £115,043 per sale.