Fern Way, Watford, WD25

Street Guide For Fern Way, Watford, WD25

 

Fern Way, Watford, WD25 Map

Estimated Price: £310,199
Average Asking Price: £474,623
Price change in last one year: £28,083
Average Price Paid: £248,628
Average Rent Rates: £2,431

 

Property Prices Breakdown in Fern Way, Watford, WD25

Values have been changing and have risen £201 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £742 in last 6 months, £28,083 in last 1 year, £43,087 in last 2 years, £58,822 in last 3 years, £57,857 in last 4 years and £60,981 in last 5 years.

Currently average asking price of a property in Fern Way, Watford, WD25 is around £474,623 based on approximately 4 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £2,431 per month.

Estimated property value in Fern Way, Watford, WD25 is £310,199. Average asking price is £474,623 while average price paid is £270,750 which is up by £28,083 and Avg. asking rent £2,431.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 Fern Way, Watford, WD25 area. In last 1 year alone average price buyer paid is around £270,750 based on approximately 4 sales in Fern Way, Watford, WD25 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £254,285. 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 £248,628 for 19 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £240,958 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 £179,950, £340,484 for a 2 bedroom house, £415,060 for a 3 bedroom house, £622,990 for a 4 bedroom house and £809,989 for a 5 bedroom house. For a flat similarly the prices varies from £195,984 for a single bedroom to £266,458 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,500,000. To sum up the asking prices for properties in Fern Way, Watford, WD25 it comes to around average £194,526 for 1 bedroom property, £300,106 for 2 bedroom, £478,880 for 3 bedroom, £622,990 for 4 bedroom and £809,989 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 £674 for 1 bedroom to £1,012 for 2 bedrooms, £2,494 for 3 bedrooms, £2,774 for 4 bedrooms and £1,426 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £727. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,121 and £2,251 for 3 bedroom. You should be generally be expecting around average £714 rent per month for single bedroom property, £1,109 for 2 bedroom, £2,446 for 3 bedroom, £2,774 for 4 bedroom and approximately £1,426 for a 5 bedroom property in Fern Way, Watford, WD25 area.

Popular Houses in Fern Way, Watford, WD25

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 Fern Way, Watford, WD25