Values have been changing and have risen £1,085 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,639 in last 6 months, £19,562 in last 1 year, £28,746 in last 2 years, £38,815 in last 3 years, £37,901 in last 4 years and £39,548 in last 5 years.
Currently average asking price of a property in Fourdrinier Way, Hemel Hempstead, HP3 is around £423,965 based on approximately 7 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,589 per month.
Estimated property value in Fourdrinier Way, Hemel Hempstead, HP3 is £254,790. Average asking price is £423,965 while average price paid is £214,642 which is up by £19,562 and Avg. asking rent £1,589.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 Fourdrinier Way, Hemel Hempstead, HP3 area. In last 1 year alone average price buyer paid is around £214,642 based on approximately 7 sales in Fourdrinier Way, Hemel Hempstead, HP3 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £210,340. 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 £213,655 for 19 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £210,278 per sale.