Morven Close, Potters Bar, EN6

Street Guide For Morven Close, Potters Bar, EN6

 
 

Morven Close, Potters Bar, EN6 Map

Estimated Price: £616,112
Average Asking Price: £909,640
Price change in last one year: £60,650
Average Price Paid: £474,700
Average Rent Rates: £1,571

JR Property Services - Cuffley
24 Station Road, Cuffley, Hertfordshire, EN6 4HT

Free House valuation

 

Property Prices Breakdown in Morven Close, Potters Bar, EN6

Average Price for property in Morven Close, Potters Bar, EN6 is around £616,112 which varies based on type of property you are interested in and ranges from £654,940 for detached house to around £551,399 for semi-detached. Values have been changing and have risen £6,592 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,248 in last 6 months, £60,650 in last 1 year, £98,793 in last 2 years, £120,499 in last 3 years, £113,150 in last 4 years and £122,180 in last 5 years.

Currently average asking price of a property in Morven Close, Potters Bar, EN6 is around £909,640 based on approximately 1 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £1,571 per month.

Estimated property value in Morven Close, Potters Bar, EN6 is £616,112. Average asking price is £909,640 while average price paid is £570,000 which is up by £60,650 and Avg. asking rent £1,571.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 Morven Close, Potters Bar, EN6 area. In last 1 year alone average price buyer paid is around £570,000 based on approximately 1 sales in Morven Close, Potters Bar, EN6 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £474,700. 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 £474,700 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £474,700 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 £461,150, £511,739 for a 3 bedroom house, £830,936 for a 4 bedroom house and £1,411,118 for a 5 bedroom house. For a flat similarly the prices varies from £194,784 for a single bedroom to £293,325 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £849,950 and £899,999 for a 4 bedroom flat. To sum up the asking prices for properties in Morven Close, Potters Bar, EN6 it comes to around average £194,784 for 1 bedroom property, £371,244 for 2 bedroom, £523,402 for 3 bedroom, £832,032 for 4 bedroom and £1,411,118 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 £1,324 for 2 bedroom to £1,454 for 3 bedroom, £2,205 for 4 bedroom and £3,825 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,073. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,171 and £1,198 for 3 bedroom. You should be generally be expecting around average £1,072 rent per month for single bedroom property, £1,188 for 2 bedroom, £1,403 for 3 bedroom, £2,205 for 4 bedroom and approximately £3,825 for a 5 bedroom property in Morven Close, Potters Bar, EN6 area.

Popular Houses in Morven Close, Potters Bar, EN6

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 Morven Close, Potters Bar, EN6