Harlow

Area Guide For Harlow

Harlow is a predominantly new town and local government district in the west of Essex, England. Situated on the border with Hertfordshire, it occupies a large area of land on the left bank of the upper Stort Valley, which has been made navigable through other towns and features a canal section near to its watermill. Old Harlow is a village-sized suburb founded by the early medieval age and most of its high street buildings are early Victorian and residential. In Old Harlow is a field named Harlowbury, a de-settled monastic area which has the remains of a chapel, a scheduled ancient monument.

 
 

Harlow Map

Estimated Price: £245,244
Average Asking Price: £461,661
Price change in last one year: £20,704
Average Price Paid: £208,634
Average Rent Rates: £1,377

 
 

Property Prices Breakdown in Harlow

Average Price for property in Harlow is around £245,244 which varies based on type of property you are interested in and ranges from £454,959 for detached house to around £285,569 for semi-detached. Similarly terraced house is around £210,295 and a flat is worth £145,294. Values have been changing and have risen £513 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,184 in last 6 months, £20,704 in last 1 year, £30,186 in last 2 years, £37,249 in last 3 years, £35,338 in last 4 years and £32,270 in last 5 years.

Currently average asking price of a property in Harlow is around £461,661 based on approximately 1,122 properties for sale. Same is the case with rental options based on 107 properties up for rent, average asking rent is around £1,377 per month.

Estimated property value in Harlow is £245,244. Average asking price is £461,661 while average price paid is £228,881 which is up by £20,704 and Avg. asking rent £1,377.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 Harlow area. In last 1 year alone average price buyer paid is around £228,881 based on approximately 1,122 sales in Harlow area alone. If you compare it to last 3 years sales of 3,100 properties where buyers paid around £213,031. 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 £208,634 for 4,923 and average amount paid for purchase of approx. 6,731 properties sold in last 7 years comes to about £203,262 per sale.

 
 

Properties For Sale in Harlow

 
 

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 2 bedroom is around £239,530, £327,979 for a 3 bedroom house, £540,163 for a 4 bedroom house and £792,140 for a 5 bedroom house. For a flat similarly the prices varies from £110,804 for a single bedroom to £185,925 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £431,238. To sum up the asking prices for properties in Harlow it comes to around average £110,804 for 1 bedroom property, £208,604 for 2 bedroom, £334,641 for 3 bedroom, £540,163 for 4 bedroom and £792,140 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 £428 for 1 bedroom to £910 for 2 bedroom, £1,108 for 3 bedroom and £3,501 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £690. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £950 and £901 for 3 bedroom. You should be generally be expecting around average £592 rent per month for single bedroom property, £935 for 2 bedroom, £1,093 for 3 bedroom and approximately £3,502 for 4 bedroom property in Harlow area.

Popular Houses in Harlow

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.

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