Gallows Hill Lane, Abbots Langley, WD5

Street Guide For Gallows Hill Lane, Abbots Langley, WD5

 

Gallows Hill Lane, Abbots Langley, WD5 Map

Estimated Price: £614,824
Average Asking Price: £469,078
Price change in last one year: £53,653
Average Price Paid: £490,153
Average Rent Rates: £1,380

 

Property Prices Breakdown in Gallows Hill Lane, Abbots Langley, WD5

Average Price for property in Gallows Hill Lane, Abbots Langley, WD5 is around £614,824 which varies based on type of property you are interested in and ranges from £664,792 for detached house to around £583,019 for semi-detached. Similarly terraced house is around £569,605. Values have been changing and have risen £2,473 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,886 in last 6 months, £53,653 in last 1 year, £81,661 in last 2 years, £111,515 in last 3 years, £109,845 in last 4 years and £110,787 in last 5 years.

Currently average asking price of a property in Gallows Hill Lane, Abbots Langley, WD5 is around £469,078 based on approximately 2 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,380 per month.

Estimated property value in Gallows Hill Lane, Abbots Langley, WD5 is £614,824. Average asking price is £469,078 while average price paid is £632,500 which is up by £53,653 and Avg. asking rent £1,380.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 Gallows Hill Lane, Abbots Langley, WD5 area. In last 1 year alone average price buyer paid is around £632,500 based on approximately 2 sales in Gallows Hill Lane, Abbots Langley, WD5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £506,666. 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 £490,153 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £456,222 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 £75,000, £299,950 for a 2 bedroom house, £381,421 for a 3 bedroom house, £561,667 for a 4 bedroom house and £652,499 for a 5 bedroom house. For a flat similarly the prices varies from £244,983 for a single bedroom to £302,498 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £285,000. To sum up the asking prices for properties in Gallows Hill Lane, Abbots Langley, WD5 it comes to around average £202,488 for 1 bedroom property, £301,861 for 2 bedroom, £369,368 for 3 bedroom, £561,667 for 4 bedroom and £652,499 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 £1,125 for 2 bedroom to £1,650 for 3 bedroom and £1,699 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £886. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,148. You should be generally be expecting around average £886 rent per month for single bedroom property, £1,136 for 2 bedroom, £1,650 for 3 bedroom and approximately £1,699 for 4 bedroom property in Gallows Hill Lane, Abbots Langley, WD5 area.

Popular Houses in Gallows Hill Lane, Abbots Langley, WD5

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 Gallows Hill Lane, Abbots Langley, WD5