Average Price for property in Letchworth Garden City is around £308,650 which varies based on type of property you are interested in and ranges from £535,885 for detached house to around £330,288 for semi-detached. Similarly terraced house is around £225,741 and a flat is worth £162,112. Values have been changing and have risen £1,774 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £862 in last 6 months, £29,769 in last 1 year, £28,454 in last 2 years, £23,800 in last 3 years, £36,023 in last 4 years and £42,262 in last 5 years.
Currently average asking price of a property in Letchworth Garden City is around £345,313 based on approximately 384 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £1,034 per month.
Estimated property value in Letchworth Garden City is £308,650. Average asking price is £345,313 while average price paid is £263,947 which is up by £29,769 and Avg. asking rent £1,034.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 Letchworth Garden City area. In last 1 year alone average price buyer paid is around £263,947 based on approximately 384 sales in Letchworth Garden City area alone. If you compare it to last 3 years sales of 1,290 properties where buyers paid around £248,188. 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 £243,571 for 2,075 and average amount paid for purchase of approx. 2,752 properties sold in last 7 years comes to about £240,232 per sale.