Luton Road, Harpenden, AL5

Street Guide For Luton Road, Harpenden, AL5

 
 

Luton Road, Harpenden, AL5 Map

Estimated Price: £603,411
Average Asking Price: £1,067,745
Price change in last one year: £46,709
Average Price Paid: £508,558
Average Rent Rates: £1,872

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Property Prices Breakdown in Luton Road, Harpenden, AL5

Average Price for property in Luton Road, Harpenden, AL5 is around £603,411 which varies based on type of property you are interested in and ranges from £831,776 for detached house to around £791,866 for semi-detached. Similarly terraced house is around £434,703 and a flat is worth £358,342. Values have been changing and have risen £2,535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,404 in last 6 months, £46,709 in last 1 year, £74,308 in last 2 years, £99,403 in last 3 years, £97,707 in last 4 years and £112,723 in last 5 years.

Currently average asking price of a property in Luton Road, Harpenden, AL5 is around £1,067,745 based on approximately 16 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £1,872 per month.

Estimated property value in Luton Road, Harpenden, AL5 is £603,411. Average asking price is £1,067,745 while average price paid is £591,718 which is up by £46,709 and Avg. asking rent £1,872.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 Luton Road, Harpenden, AL5 area. In last 1 year alone average price buyer paid is around £591,718 based on approximately 16 sales in Luton Road, Harpenden, AL5 area alone. If you compare it to last 3 years sales of 39 properties where buyers paid around £539,294. 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 £508,558 for 65 and average amount paid for purchase of approx. 97 properties sold in last 7 years comes to about £478,584 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 £204,998, £350,000 for a 2 bedroom house, £839,000 for a 3 bedroom house, £1,045,398 for a 4 bedroom house and £1,982,469 for a 5 bedroom house. For a flat similarly the prices varies from £208,744 for a single bedroom to £354,161 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,350,000. To sum up the asking prices for properties in Luton Road, Harpenden, AL5 it comes to around average £208,209 for 1 bedroom property, £353,405 for 2 bedroom, £924,167 for 3 bedroom, £1,045,398 for 4 bedroom and £1,982,469 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 £1,461 for 2 bedroom to £1,763 for 3 bedroom, £2,446 for 4 bedroom and £3,186 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £743. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,022, £1,595 for 3 bedroom and £3,402 for 5 bedroom. You should be generally be expecting around average £743 rent per month for single bedroom property, £1,110 for 2 bedroom, £1,718 for 3 bedroom, £2,446 for 4 bedroom and approximately £3,229 for a 5 bedroom property in Luton Road, Harpenden, AL5 area.

Popular Houses in Luton Road, Harpenden, AL5

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 Luton Road, Harpenden, AL5