Values have been changing and have risen £1,941 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,500 in last 6 months, £22,906 in last 1 year, £34,942 in last 2 years, £45,342 in last 3 years, £42,772 in last 4 years and £47,128 in last 5 years.
Currently average asking price of a property in Gadebridge Lane, Hemel Hempstead, HP1 is around £343,961 based on approximately 3 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,788 per month.
Estimated property value in Gadebridge Lane, Hemel Hempstead, HP1 is £304,342. Average asking price is £343,961 while average price paid is £261,666 which is up by £22,906 and Avg. asking rent £1,788.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 Gadebridge Lane, Hemel Hempstead, HP1 area. In last 1 year alone average price buyer paid is around £261,666 based on approximately 3 sales in Gadebridge Lane, Hemel Hempstead, HP1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £261,666. 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 £274,500 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £262,916 per sale.