Hook

Area Guide For Hook

Hook is a large village within the Hart district of northern Hampshire, England. It is situated 10 kilometres (6.2 mi) east of Basingstoke and 58 kilometres (36.0 mi) northeast of Southampton, on the A30 national route, just north of Junction 5 of the M3 motorway. In 2001, Hook had a population of 7,321 (8,200 est. 2006). Hook railway station offers direct rail links to both London Waterloo and Southampton with indirect routes to Reading and Salisbury. Rail services are provided by South West Trains. There is a significant business community in the town, with the large Bartley Wood Business Park situated less than 1 km from the village centre. It is the location of the operational headquarters of the United Kingdom's largest cable television provider, Virgin Media Inc, formerly NTL and Telewest. Other companies located in Hook are BMW Group Financial Services, Lenovo, Serco, Trimble Navigation and HP. Hook is also home to a relatively small Tesco supermarket. Between 2004 and 2006, Hook expanded eastwards with the development of the new Holt Park residential district.

 
 

Hook Map

Estimated Price: £525,486
Average Asking Price: £507,596
Price change in last one year: £38,841
Average Price Paid: £368,728
Average Rent Rates: £1,505

 
 

Property Prices Breakdown in Hook

Average Price for property in Hook is around £525,486 which varies based on type of property you are interested in and ranges from £695,529 for detached house to around £389,346 for semi-detached. Similarly terraced house is around £334,280 and a flat is worth £228,277. Values have been changing and have risen £1,503 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,341 in last 6 months, £38,841 in last 1 year, £62,995 in last 2 years, £77,333 in last 3 years, £82,521 in last 4 years and £71,391 in last 5 years.

Currently average asking price of a property in Hook is around £507,596 based on approximately 451 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £1,505 per month.

Estimated property value in Hook is £525,486. Average asking price is £507,596 while average price paid is £403,520 which is up by £38,841 and Avg. asking rent £1,505.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 Hook area. In last 1 year alone average price buyer paid is around £403,520 based on approximately 451 sales in Hook area alone. If you compare it to last 3 years sales of 1,396 properties where buyers paid around £377,139. 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 £368,728 for 2,206 and average amount paid for purchase of approx. 2,928 properties sold in last 7 years comes to about £371,452 per sale.

 
 

Properties For Sale in Hook

 
 

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 £229,000, £338,163 for a 2 bedroom house, £488,494 for a 3 bedroom house, £638,832 for a 4 bedroom house and £846,068 for a 5 bedroom house. For a flat similarly the prices varies from £147,718 for a single bedroom to £110,325 for a 2 bedroom Flat. To sum up the asking prices for properties in Hook it comes to around average £165,135 for 1 bedroom property, £257,749 for 2 bedroom, £488,494 for 3 bedroom, £638,832 for 4 bedroom and £846,068 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 £763 for 1 bedroom to £967 for 2 bedrooms, £1,357 for 3 bedrooms, £2,313 for 4 bedrooms and £4,875 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £751. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,106. You should be generally be expecting around average £755 rent per month for single bedroom property, £1,019 for 2 bedroom, £1,357 for 3 bedroom, £2,313 for 4 bedroom and approximately £4,875 for a 5 bedroom property in Hook area.

Popular Houses in Hook

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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