Values have been changing and have risen £2,063 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,889 in last 6 months, £20,690 in last 1 year, £29,519 in last 2 years, £38,675 in last 3 years, £35,010 in last 4 years and £37,937 in last 5 years.
Currently average asking price of a property in Lomond Road, Piccotts End, Hemel Hempstead, HP2 is around £299,084 based on approximately 3 properties for sale. Same is the case with rental options based on 109 properties up for rent, average asking rent is around £2,113 per month.
Estimated property value in Lomond Road, Piccotts End, Hemel Hempstead, HP2 is £224,612. Average asking price is £299,084 while average price paid is £189,983 which is up by £20,690 and Avg. asking rent £2,113.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 Lomond Road, Piccotts End, Hemel Hempstead, HP2 area. In last 1 year alone average price buyer paid is around £189,983 based on approximately 3 sales in Lomond Road, Piccotts End, Hemel Hempstead, HP2 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £184,175. 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 £184,175 for 8 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £181,457 per sale.