Long Arrotts, Hemel Hempstead, HP1

Street Guide For Long Arrotts, Hemel Hempstead, HP1

 

Long Arrotts, Hemel Hempstead, HP1 Map

Estimated Price: £245,716
Average Asking Price: £343,961
Price change in last one year: £18,396
Average Price Paid: £153,100
Average Rent Rates: £1,788

 

Property Prices Breakdown in Long Arrotts, Hemel Hempstead, HP1

Values have been changing and have risen £1,559 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,615 in last 6 months, £18,396 in last 1 year, £28,064 in last 2 years, £36,417 in last 3 years, £34,356 in last 4 years and £37,853 in last 5 years.

Currently average asking price of a property in Long Arrotts, Hemel Hempstead, HP1 is around £343,961 based on approximately 2 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,788 per month.

Estimated property value in Long Arrotts, Hemel Hempstead, HP1 is £245,716. Average asking price is £343,961 while average price paid is £135,000 which is up by £18,396 and Avg. asking rent £1,788.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 Long Arrotts, Hemel Hempstead, HP1 area. In last 1 year alone average price buyer paid is around £135,000 based on approximately 2 sales in Long Arrotts, Hemel Hempstead, HP1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £164,625. 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 £153,100 for 5 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £177,650 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 £240,000, £283,725 for a 2 bedroom house, £348,985 for a 3 bedroom house, £489,812 for a 4 bedroom house and £565,211 for a 5 bedroom house. For a flat similarly the prices varies from £164,994 for a single bedroom to £235,345 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000. To sum up the asking prices for properties in Long Arrotts, Hemel Hempstead, HP1 it comes to around average £168,942 for 1 bedroom property, £243,759 for 2 bedroom, £340,694 for 3 bedroom, £489,812 for 4 bedroom and £565,211 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 £647 for 1 bedroom to £1,004 for 2 bedroom, £1,224 for 3 bedroom and £1,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,134. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,077 and £1,049 for 3 bedroom. You should be generally be expecting around average £842 rent per month for single bedroom property, £1,056 for 2 bedroom, £1,166 for 3 bedroom and approximately £1,001 for 5 bedroom property in Long Arrotts, Hemel Hempstead, HP1 area.

Popular Houses in Long Arrotts, Hemel Hempstead, HP1

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 Long Arrotts, Hemel Hempstead, HP1