Grove Road, Stevenage, SG1

Street Guide For Grove Road, Stevenage, SG1

 

Grove Road, Stevenage, SG1 Map

Estimated Price: £327,188
Average Asking Price: £312,301
Price change in last one year: £28,287
Average Price Paid: £237,245
Average Rent Rates: £903

 

Property Prices Breakdown in Grove Road, Stevenage, SG1

Average Price for property in Grove Road, Stevenage, SG1 is around £327,188 which varies based on type of property you are interested in and ranges from £381,592 for detached house to around £310,189 for semi-detached. Similarly terraced house is around £323,778. Values have been changing and have risen £4,246 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,455 in last 6 months, £28,287 in last 1 year, £47,910 in last 2 years, £46,089 in last 3 years, £45,391 in last 4 years and £48,060 in last 5 years.

Currently average asking price of a property in Grove Road, Stevenage, SG1 is around £312,301 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £903 per month.

Estimated property value in Grove Road, Stevenage, SG1 is £327,188. Average asking price is £312,301 while average price paid is £250,000 which is up by £28,287 and Avg. asking rent £903.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 Grove Road, Stevenage, SG1 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Grove Road, Stevenage, SG1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £224,499. 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 £237,245 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £229,462 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 £187,750, £202,235 for a 2 bedroom house, £303,324 for a 3 bedroom house, £349,183 for a 4 bedroom house and £431,427 for a 5 bedroom house. For a flat similarly the prices varies from £139,997 for a single bedroom to £162,699 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £175,000. To sum up the asking prices for properties in Grove Road, Stevenage, SG1 it comes to around average £147,344 for 1 bedroom property, £173,242 for 2 bedroom, £274,808 for 3 bedroom, £349,183 for 4 bedroom and £431,427 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 £508 for 1 bedroom to £950 for 2 bedroom, £1,033 for 3 bedroom and £1,101 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £547. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £839. You should be generally be expecting around average £528 rent per month for single bedroom property, £871 for 2 bedroom, £1,033 for 3 bedroom and approximately £1,101 for 4 bedroom property in Grove Road, Stevenage, SG1 area.

Popular Houses in Grove Road, Stevenage, SG1

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 Grove Road, Stevenage, SG1