Lime Walk, Hemel Hempstead, HP3

Street Guide For Lime Walk, Hemel Hempstead, HP3

 

Lime Walk, Hemel Hempstead, HP3 Map

Estimated Price: £257,672
Average Asking Price: £423,965
Price change in last one year: £19,043
Average Price Paid: £225,325
Average Rent Rates: £1,589

 

Property Prices Breakdown in Lime Walk, Hemel Hempstead, HP3

Values have been changing and have risen £1,056 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,569 in last 6 months, £19,043 in last 1 year, £27,982 in last 2 years, £37,783 in last 3 years, £36,895 in last 4 years and £38,498 in last 5 years.

Currently average asking price of a property in Lime Walk, Hemel Hempstead, HP3 is around £423,965 based on approximately 3 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,589 per month.

Estimated property value in Lime Walk, Hemel Hempstead, HP3 is £257,672. Average asking price is £423,965 while average price paid is £250,000 which is up by £19,043 and Avg. asking rent £1,589.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 Lime Walk, Hemel Hempstead, HP3 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 3 sales in Lime Walk, Hemel Hempstead, HP3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £226,400. 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 £225,325 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £220,868 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 £186,475, £353,999 for a 2 bedroom house, £369,379 for a 3 bedroom house, £589,600 for a 4 bedroom house and £750,820 for a 5 bedroom house. For a flat similarly the prices varies from £183,738 for a single bedroom to £244,061 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £293,898. To sum up the asking prices for properties in Lime Walk, Hemel Hempstead, HP3 it comes to around average £184,129 for 1 bedroom property, £259,767 for 2 bedroom, £361,175 for 3 bedroom, £589,600 for 4 bedroom and £750,820 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 £750 for 1 bedroom to £1,124 for 2 bedrooms, £1,477 for 3 bedrooms, £1,818 for 4 bedrooms and £3,734 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £900. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £957. You should be generally be expecting around average £862 rent per month for single bedroom property, £1,013 for 2 bedroom, £1,477 for 3 bedroom, £1,818 for 4 bedroom and approximately £3,734 for a 5 bedroom property in Lime Walk, Hemel Hempstead, HP3 area.

Popular Houses in Lime Walk, Hemel Hempstead, HP3

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 Lime Walk, Hemel Hempstead, HP3