Bushey

Area Guide For Bushey

Bushey (population 24,000) is a town in the Hertsmere borough of Hertfordshire in the East of England. Bushey Heath is a large neighbourhood south east of Bushey on the boundary with the London Borough of Harrow reaching elevations of 165m above sea level. The first written record of Bushey is an account in the Domesday Book, which describes a small agricultural village named 'Bissei' (which later became Biss(h) and then Bisheye during the 12th century). However, chance archaeological findings of Stone Age tools provide evidence that the area was inhabited as far back as the Palaeolithic period. The town also has links to the Roman occupation of Britain, with the main road running through it being Roman; sites of possible Roman villas being unearthed in the area; and a Roman tessellated pavement was discovered near Chiltern Avenue. The origin of the towns name is not fully known. With the original nameBissei, an early theory in Reverend J.B. Johnstones book The Place-Names of England and Wales states that it may have meant Byssas Isle, and that it started life as a lake-village surrounded by marshes, streams and lakes. However, a more modern theory (albeit a less

 
 

Bushey Map

Estimated Price: £508,108
Average Asking Price: £724,076
Price change in last one year: £52,969
Average Price Paid: £374,603
Average Rent Rates: £1,724

 
 

Property Prices Breakdown in Bushey

Average Price for property in Bushey is around £508,108 which varies based on type of property you are interested in and ranges from £829,843 for detached house to around £484,531 for semi-detached. Similarly terraced house is around £389,321 and a flat is worth £354,561. Values have been changing and have risen £9,610 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £25,492 in last 6 months, £52,969 in last 1 year, £92,910 in last 2 years, £98,484 in last 3 years, £104,248 in last 4 years and £118,793 in last 5 years.

Currently average asking price of a property in Bushey is around £724,076 based on approximately 450 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £1,724 per month.

Estimated property value in Bushey is £508,108. Average asking price is £724,076 while average price paid is £433,745 which is up by £52,969 and Avg. asking rent £1,724.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 Bushey area. In last 1 year alone average price buyer paid is around £433,745 based on approximately 450 sales in Bushey area alone. If you compare it to last 3 years sales of 1,230 properties where buyers paid around £392,763. 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 £374,603 for 1,926 and average amount paid for purchase of approx. 2,569 properties sold in last 7 years comes to about £367,613 per sale.

 
 

Properties For Sale in Bushey

 
 

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 £169,950, £393,344 for a 2 bedroom house, £765,257 for a 3 bedroom house, £941,781 for a 4 bedroom house and £1,022,718 for a 5 bedroom house. For a flat similarly the prices varies from £303,719 for a single bedroom to £468,019 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £923,390 and £1,000,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bushey it comes to around average £288,856 for 1 bedroom property, £442,112 for 2 bedroom, £793,495 for 3 bedroom, £944,621 for 4 bedroom and £1,022,718 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 £1,099 for 1 bedroom to £1,199 for 2 bedroom and £1,779 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £939. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,337, £3,320 for 3 bedroom, £4,083 for 4 bedroom and around £3,952 for 5 bedroom flat. You should be generally be expecting around average £975 rent per month for single bedroom property, £1,315 for 2 bedroom, £2,678 for 3 bedroom, £4,083 for 4 bedroom and approximately £3,952 for a 5 bedroom property in Bushey area.

Popular Houses in Bushey

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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