Average Price for property in Elbow Lane, Stevenage, SG2 is around £198,450 which varies based on type of property you are interested in and ranges from £199,550 for terraced house to around £128,892 for a flat. Values have been changing and have risen £3,389 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,232 in last 6 months, £19,660 in last 1 year, £29,661 in last 2 years, £29,833 in last 3 years, £29,784 in last 4 years and £30,653 in last 5 years.
Currently average asking price of a property in Elbow Lane, Stevenage, SG2 is around £407,284 based on approximately 2 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,242 per month.
Estimated property value in Elbow Lane, Stevenage, SG2 is £198,450. Average asking price is £407,284 while average price paid is £190,750 which is up by £19,660 and Avg. asking rent £1,242.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 Elbow Lane, Stevenage, SG2 area. In last 1 year alone average price buyer paid is around £190,750 based on approximately 2 sales in Elbow Lane, Stevenage, SG2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £159,388. 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 £157,607 for 14 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £155,529 per sale.