Midland Way, Henlow, SG16

Street Guide For Midland Way, Henlow, SG16

 

Midland Way, Henlow, SG16 Map

Estimated Price: £325,613
Average Asking Price: £327,208
Price change in last one year: £32,773
Average Price Paid: £267,150
Average Rent Rates: £724

 

Property Prices Breakdown in Midland Way, Henlow, SG16

Average Price for property in Midland Way, Henlow, SG16 is around £325,613 which varies based on type of property you are interested in and ranges from £346,759 for detached house to around £255,124 for semi-detached. Similarly terraced house is around £238,412. Values have been changing and have risen £5,605 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,104 in last 6 months, £32,773 in last 1 year, £51,405 in last 2 years, £51,118 in last 3 years, £50,774 in last 4 years and £54,562 in last 5 years.

Currently average asking price of a property in Midland Way, Henlow, SG16 is around £327,208 based on approximately 2 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £724 per month.

Estimated property value in Midland Way, Henlow, SG16 is £325,613. Average asking price is £327,208 while average price paid is £312,500 which is up by £32,773 and Avg. asking rent £724.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 Midland Way, Henlow, SG16 area. In last 1 year alone average price buyer paid is around £312,500 based on approximately 2 sales in Midland Way, Henlow, SG16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £263,500. 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 £267,150 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £263,985 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 £132,330, £184,166 for a 2 bedroom house, £312,498 for a 3 bedroom house, £493,293 for a 4 bedroom house and £462,495 for a 5 bedroom house. For a flat similarly the prices varies from £57,500 for a single bedroom to £188,333 for a 2 bedroom Flat. To sum up the asking prices for properties in Midland Way, Henlow, SG16 it comes to around average £113,622 for 1 bedroom property, £185,555 for 2 bedroom, £312,498 for 3 bedroom, £493,293 for 4 bedroom and £462,495 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 is £724 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £949. You should be generally be expecting around average £498 rent per month for single bedroom property, £724 for 2 bedroom and approximately £949 for 3 bedroom property in Midland Way, Henlow, SG16 area.

Popular Houses in Midland Way, Henlow, SG16

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 Midland Way, Henlow, SG16