Loom Lane, Radlett, WD7

Street Guide For Loom Lane, Radlett, WD7

 

Loom Lane, Radlett, WD7 Map

Estimated Price: £1,873,959
Average Asking Price: £1,981,542
Price change in last one year: £219,347
Average Price Paid: £1,770,463
Average Rent Rates: £2,329

 

Property Prices Breakdown in Loom Lane, Radlett, WD7

Average Price for property in Loom Lane, Radlett, WD7 is around £1,873,959 which varies based on type of property you are interested in and ranges from £2,064,971 for detached house to around £727,484 for semi-detached. Values have been changing and have risen £13,794 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £41,260 in last 6 months, £219,347 in last 1 year, £278,964 in last 2 years, £353,856 in last 3 years, £360,590 in last 4 years and £398,127 in last 5 years.

Currently average asking price of a property in Loom Lane, Radlett, WD7 is around £1,981,542 based on approximately 3 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £2,329 per month.

Estimated property value in Loom Lane, Radlett, WD7 is £1,873,959. Average asking price is £1,981,542 while average price paid is £2,122,222 which is up by £219,347 and Avg. asking rent £2,329.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 Loom Lane, Radlett, WD7 area. In last 1 year alone average price buyer paid is around £2,122,222 based on approximately 3 sales in Loom Lane, Radlett, WD7 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £2,141,606. 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 £1,770,463 for 23 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £1,699,641 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 2 bedroom is around £704,167, £565,562 for a 3 bedroom house, £1,329,158 for a 4 bedroom house and £1,961,997 for a 5 bedroom house. For a flat similarly the prices varies from £380,000 for a single bedroom to £549,975 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £569,950. To sum up the asking prices for properties in Loom Lane, Radlett, WD7 it comes to around average £380,000 for 1 bedroom property, £642,490 for 2 bedroom, £566,024 for 3 bedroom, £1,329,158 for 4 bedroom and £1,961,997 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 £1,211 for 2 bedroom to £2,185 for 3 bedroom, £2,635 for 4 bedroom and £4,336 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £639. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,219. You should be generally be expecting around average £639 rent per month for single bedroom property, £1,216 for 2 bedroom, £2,185 for 3 bedroom, £2,635 for 4 bedroom and approximately £4,336 for a 5 bedroom property in Loom Lane, Radlett, WD7 area.

Popular Houses in Loom Lane, Radlett, WD7

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 Loom Lane, Radlett, WD7