Average Price for property in London Road, Spellbrook, Bishop's Stortford, CM23 is around £549,687 which varies based on type of property you are interested in and ranges from £697,367 for detached house to around £362,917 for semi-detached. Similarly terraced house is around £263,008. Values have been changing and have risen £958 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,783 in last 6 months, £47,075 in last 1 year, £62,452 in last 2 years, £81,517 in last 3 years, £70,982 in last 4 years and £75,795 in last 5 years.
Currently average asking price of a property in London Road, Spellbrook, Bishop's Stortford, CM23 is around £388,221 based on approximately 1 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,049 per month.
Estimated property value in London Road, Spellbrook, Bishop's Stortford, CM23 is £549,687. Average asking price is £388,221 while average price paid is £775,000 which is up by £47,075 and Avg. asking rent £1,049.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 London Road, Spellbrook, Bishop's Stortford, CM23 area. In last 1 year alone average price buyer paid is around £775,000 based on approximately 1 sales in London Road, Spellbrook, Bishop's Stortford, CM23 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £560,000. 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 £437,428 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £399,388 per sale.