Millers Lane, Stanstead Abbotts, Ware, SG12

Street Guide For Millers Lane, Stanstead Abbotts, Ware, SG12

 

Millers Lane, Stanstead Abbotts, Ware, SG12 Map

Estimated Price: £315,665
Average Asking Price: £462,349
Price change in last one year: £27,729
Average Price Paid: £217,900
Average Rent Rates: £1,146

 

Property Prices Breakdown in Millers Lane, Stanstead Abbotts, Ware, SG12

Average Price for property in Millers Lane, Stanstead Abbotts, Ware, SG12 is around £315,665 which varies based on type of property you are interested in and ranges from £519,523 for detached house to around £465,628 for semi-detached. Similarly terraced house is around £202,969 and a flat is worth £206,981. Values have been changing and have risen £4,745 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,653 in last 6 months, £27,729 in last 1 year, £45,415 in last 2 years, £46,017 in last 3 years, £46,689 in last 4 years and £45,689 in last 5 years.

Currently average asking price of a property in Millers Lane, Stanstead Abbotts, Ware, SG12 is around £462,349 based on approximately 1 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £1,146 per month.

Estimated property value in Millers Lane, Stanstead Abbotts, Ware, SG12 is £315,665. Average asking price is £462,349 while average price paid is £153,500 which is up by £27,729 and Avg. asking rent £1,146.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 Millers Lane, Stanstead Abbotts, Ware, SG12 area. In last 1 year alone average price buyer paid is around £153,500 based on approximately 1 sales in Millers Lane, Stanstead Abbotts, Ware, SG12 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £153,500. 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 £217,900 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £194,928 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 £158,000, £303,749 for a 2 bedroom house, £359,522 for a 3 bedroom house, £491,480 for a 4 bedroom house and £937,136 for a 5 bedroom house. For a flat similarly the prices varies from £177,995 for a single bedroom to £260,271 for a 2 bedroom Flat. To sum up the asking prices for properties in Millers Lane, Stanstead Abbotts, Ware, SG12 it comes to around average £176,566 for 1 bedroom property, £273,649 for 2 bedroom, £359,522 for 3 bedroom, £491,480 for 4 bedroom and £937,136 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 £509 for 1 bedroom to £1,231 for 2 bedroom, £1,822 for 3 bedroom and £2,401 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £862. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £885 and £1,023 for 3 bedroom. You should be generally be expecting around average £783 rent per month for single bedroom property, £1,011 for 2 bedroom, £1,422 for 3 bedroom and approximately £2,401 for 5 bedroom property in Millers Lane, Stanstead Abbotts, Ware, SG12 area.

Popular Houses in Millers Lane, Stanstead Abbotts, Ware, SG12

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 Millers Lane, Stanstead Abbotts, Ware, SG12