Lombardy Drive, Berkhamsted, HP4

Street Guide For Lombardy Drive, Berkhamsted, HP4

 

Lombardy Drive, Berkhamsted, HP4 Map

Estimated Price: £671,008
Average Asking Price: £712,941
Price change in last one year: £52,879
Average Price Paid: £572,250
Average Rent Rates: £1,638

 

Property Prices Breakdown in Lombardy Drive, Berkhamsted, HP4

Average Price for property in Lombardy Drive, Berkhamsted, HP4 is around £671,008 which varies based on type of property you are interested in and ranges from £668,398 for detached house to around £702,108 for semi-detached. Similarly terraced house is around £663,290. Values have been changing and have risen £4,557 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,186 in last 6 months, £52,879 in last 1 year, £79,320 in last 2 years, £97,090 in last 3 years, £95,292 in last 4 years and £106,214 in last 5 years.

Currently average asking price of a property in Lombardy Drive, Berkhamsted, HP4 is around £712,941 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £1,638 per month.

Estimated property value in Lombardy Drive, Berkhamsted, HP4 is £671,008. Average asking price is £712,941 while average price paid is £710,000 which is up by £52,879 and Avg. asking rent £1,638.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 Lombardy Drive, Berkhamsted, HP4 area. In last 1 year alone average price buyer paid is around £710,000 based on approximately 1 sales in Lombardy Drive, Berkhamsted, HP4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £572,250. 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 £572,250 for 4 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £487,345 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 £190,000, £248,114 for a 2 bedroom house, £483,333 for a 3 bedroom house, £832,182 for a 4 bedroom house and £1,394,279 for a 5 bedroom house. For a flat similarly the prices varies from £209,950 for a single bedroom to £268,317 for a 2 bedroom Flat. To sum up the asking prices for properties in Lombardy Drive, Berkhamsted, HP4 it comes to around average £196,650 for 1 bedroom property, £257,438 for 2 bedroom, £483,333 for 3 bedroom, £832,182 for 4 bedroom and £1,394,279 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 £1,148 for 2 bedroom to £1,637 for 3 bedroom and £2,572 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £949. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,449. You should be generally be expecting around average £949 rent per month for single bedroom property, £1,374 for 2 bedroom, £1,637 for 3 bedroom and approximately £2,572 for 4 bedroom property in Lombardy Drive, Berkhamsted, HP4 area.

Popular Houses in Lombardy Drive, Berkhamsted, HP4

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 Lombardy Drive, Berkhamsted, HP4