Values have been changing and have risen £1,060 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,523 in last 6 months, £22,981 in last 1 year, £34,979 in last 2 years, £47,768 in last 3 years, £47,055 in last 4 years and £47,462 in last 5 years.
Currently average asking price of a property in Lancaster Way, Abbots Langley, WD5 is around £469,911 based on approximately 3 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,349 per month.
Estimated property value in Lancaster Way, Abbots Langley, WD5 is £243,158. Average asking price is £469,911 while average price paid is £250,000 which is up by £22,981 and Avg. asking rent £1,349.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 Lancaster Way, Abbots Langley, WD5 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 3 sales in Lancaster Way, Abbots Langley, WD5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £206,135. 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 £204,550 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £201,210 per sale.