Average Price for property in Hemel Hempstead is around £332,875 which varies based on type of property you are interested in and ranges from £613,442 for detached house to around £357,789 for semi-detached. Similarly terraced house is around £273,707 and a flat is worth £191,834. Values have been changing and have risen £701 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,479 in last 6 months, £21,871 in last 1 year, £41,199 in last 2 years, £56,052 in last 3 years, £47,515 in last 4 years and £46,843 in last 5 years.
Currently average asking price of a property in Hemel Hempstead is around £362,631 based on approximately 1,430 properties for sale. Same is the case with rental options based on 209 properties up for rent, average asking rent is around £1,937 per month.
Estimated property value in Hemel Hempstead is £332,875. Average asking price is £362,631 while average price paid is £289,439 which is up by £21,871 and Avg. asking rent £1,937.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 Hemel Hempstead area. In last 1 year alone average price buyer paid is around £289,439 based on approximately 1,430 sales in Hemel Hempstead area alone. If you compare it to last 3 years sales of 4,155 properties where buyers paid around £266,901. 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 £261,682 for 6,526 and average amount paid for purchase of approx. 8,440 properties sold in last 7 years comes to about £255,649 per sale.