Hobbs Lane, Cheshunt, Waltham Cross, EN8

Street Guide For Hobbs Lane, Cheshunt, Waltham Cross, EN8

 
 

Hobbs Lane, Cheshunt, Waltham Cross, EN8 Map

Estimated Price: £186,297
Average Asking Price: £252,260
Price change in last one year: £11,172
Average Price Paid: £136,000
Average Rent Rates: £1,125

JR Property Services - Cheshunt
56 Turners Hill, Cheshunt, Hertfordshire, EN8 8LQ

Free House valuation

 

Property Prices Breakdown in Hobbs Lane, Cheshunt, Waltham Cross, EN8

Average Price for property in Hobbs Lane, Cheshunt, Waltham Cross, EN8 is around £186,297 e.g. average price for a flat is around 186,297. Values have been changing and have risen £3,545 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,139 in last 6 months, £11,172 in last 1 year, £16,674 in last 2 years, £14,317 in last 3 years, £15,841 in last 4 years and £25,306 in last 5 years.

Currently average asking price of a property in Hobbs Lane, Cheshunt, Waltham Cross, EN8 is around £252,260 based on approximately 1 properties for sale. Same is the case with rental options based on 63 properties up for rent, average asking rent is around £1,125 per month.

Estimated property value in Hobbs Lane, Cheshunt, Waltham Cross, EN8 is £186,297. Average asking price is £252,260 while average price paid is £136,000 which is up by £11,172 and Avg. asking rent £1,125.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 Hobbs Lane, Cheshunt, Waltham Cross, EN8 area. In last 1 year alone average price buyer paid is around £136,000 based on approximately 1 sales in Hobbs Lane, Cheshunt, Waltham Cross, EN8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £136,000. 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 £136,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £136,000 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 £142,496, £266,497 for a 2 bedroom house, £308,481 for a 3 bedroom house, £418,748 for a 4 bedroom house and £528,568 for a 5 bedroom house. For a flat similarly the prices varies from £178,283 for a single bedroom to £191,466 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £500,000. To sum up the asking prices for properties in Hobbs Lane, Cheshunt, Waltham Cross, EN8 it comes to around average £170,331 for 1 bedroom property, £207,098 for 2 bedroom, £308,481 for 3 bedroom, £423,527 for 4 bedroom and £528,568 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 £390 for 1 bedroom to £1,005 for 2 bedroom and £1,237 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £771. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £974. You should be generally be expecting around average £716 rent per month for single bedroom property, £986 for 2 bedroom and approximately £1,237 for 3 bedroom property in Hobbs Lane, Cheshunt, Waltham Cross, EN8 area.

Popular Houses in Hobbs Lane, Cheshunt, Waltham Cross, EN8

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 Hobbs Lane, Cheshunt, Waltham Cross, EN8