Hicks Road, Markyate, St. Albans, AL3

Street Guide For Hicks Road, Markyate, St. Albans, AL3

 

Hicks Road, Markyate, St. Albans, AL3 Map

Estimated Price: £381,719
Average Asking Price: £638,271
Price change in last one year: £24,746
Average Price Paid: £295,704
Average Rent Rates: £1,753

 

Property Prices Breakdown in Hicks Road, Markyate, St. Albans, AL3

Average Price for property in Hicks Road, Markyate, St. Albans, AL3 is around £381,719 which varies based on type of property you are interested in and ranges from £435,427 for detached house to around £354,865 for terraced house. Values have been changing and have risen £801 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,595 in last 6 months, £24,746 in last 1 year, £45,681 in last 2 years, £58,837 in last 3 years, £59,270 in last 4 years and £64,934 in last 5 years.

Currently average asking price of a property in Hicks Road, Markyate, St. Albans, AL3 is around £638,271 based on approximately 5 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,753 per month.

Estimated property value in Hicks Road, Markyate, St. Albans, AL3 is £381,719. Average asking price is £638,271 while average price paid is £308,986 which is up by £24,746 and Avg. asking rent £1,753.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 Hicks Road, Markyate, St. Albans, AL3 area. In last 1 year alone average price buyer paid is around £308,986 based on approximately 5 sales in Hicks Road, Markyate, St. Albans, AL3 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £295,704. 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 £295,704 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £295,704 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 £235,000, £365,168 for a 2 bedroom house, £530,393 for a 3 bedroom house, £795,455 for a 4 bedroom house and £845,000 for a 5 bedroom house. For a flat similarly the prices varies from £184,975 for a single bedroom to £343,750 for a 2 bedroom Flat. To sum up the asking prices for properties in Hicks Road, Markyate, St. Albans, AL3 it comes to around average £194,980 for 1 bedroom property, £360,408 for 2 bedroom, £530,393 for 3 bedroom, £795,455 for 4 bedroom and £845,000 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 £1,161 for 1 bedroom to £1,416 for 2 bedrooms, £1,618 for 3 bedrooms, £2,075 for 4 bedrooms and £3,049 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,331. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,542. You should be generally be expecting around average £1,259 rent per month for single bedroom property, £1,462 for 2 bedroom, £1,618 for 3 bedroom, £2,074 for 4 bedroom and approximately £3,049 for a 5 bedroom property in Hicks Road, Markyate, St. Albans, AL3 area.

Popular Houses in Hicks Road, Markyate, St. Albans, AL3

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 Hicks Road, Markyate, St. Albans, AL3