Average Price for property in Hertford is around £444,259 which varies based on type of property you are interested in and ranges from £810,572 for detached house to around £456,210 for semi-detached. Similarly terraced house is around £355,312 and a flat is worth £249,817. Values have been changing and have risen £5,058 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,466 in last 6 months, £34,547 in last 1 year, £67,889 in last 2 years, £81,385 in last 3 years, £87,651 in last 4 years and £96,739 in last 5 years.
Currently average asking price of a property in Hertford is around £798,334 based on approximately 661 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £5,213 per month.
Estimated property value in Hertford is £444,259. Average asking price is £798,334 while average price paid is £359,275 which is up by £34,547 and Avg. asking rent £5,213.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 Hertford area. In last 1 year alone average price buyer paid is around £359,275 based on approximately 661 sales in Hertford area alone. If you compare it to last 3 years sales of 1,919 properties where buyers paid around £336,904. 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 £324,266 for 3,071 and average amount paid for purchase of approx. 3,983 properties sold in last 7 years comes to about £319,174 per sale.