Average Price for property in Gaping Lane, Hitchin, SG5 is around £424,081 which varies based on type of property you are interested in and ranges from £472,627 for detached house to around £523,959 for semi-detached. Similarly terraced house is around £404,804 and a flat is worth £154,755. Values have been changing and have risen £5,787 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,269 in last 6 months, £36,660 in last 1 year, £60,514 in last 2 years, £57,191 in last 3 years, £59,544 in last 4 years and £63,685 in last 5 years.
Currently average asking price of a property in Gaping Lane, Hitchin, SG5 is around £319,174 based on approximately 3 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,247 per month.
Estimated property value in Gaping Lane, Hitchin, SG5 is £424,081. Average asking price is £319,174 while average price paid is £214,166 which is up by £36,660 and Avg. asking rent £1,247.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 Gaping Lane, Hitchin, SG5 area. In last 1 year alone average price buyer paid is around £214,166 based on approximately 3 sales in Gaping Lane, Hitchin, SG5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £279,785. 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 £294,035 for 14 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £298,911 per sale.