Values have been changing and have risen £2,754 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,867 in last 6 months, £19,411 in last 1 year, £26,787 in last 2 years, £25,434 in last 3 years, £27,811 in last 4 years and £30,399 in last 5 years.
Currently average asking price of a property in Hall Mead, Letchworth Garden City, SG6 is around £352,662 based on approximately 6 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,007 per month.
Estimated property value in Hall Mead, Letchworth Garden City, SG6 is £200,546. Average asking price is £352,662 while average price paid is £193,983 which is up by £19,411 and Avg. asking rent £1,007.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 Hall Mead, Letchworth Garden City, SG6 area. In last 1 year alone average price buyer paid is around £193,983 based on approximately 6 sales in Hall Mead, Letchworth Garden City, SG6 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £170,110. 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 £163,399 for 33 and average amount paid for purchase of approx. 45 properties sold in last 7 years comes to about £162,126 per sale.