Average Price for property in Newell Rise, Hemel Hempstead, HP3 is around £246,577 which varies based on type of property you are interested in and ranges from £329,355 for detached house to around £191,392 for terraced house. Values have been changing and have risen £1,035 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,518 in last 6 months, £18,664 in last 1 year, £27,426 in last 2 years, £37,036 in last 3 years, £36,166 in last 4 years and £37,739 in last 5 years.
Currently average asking price of a property in Newell Rise, Hemel Hempstead, HP3 is around £423,965 based on approximately 2 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,589 per month.
Estimated property value in Newell Rise, Hemel Hempstead, HP3 is £246,577. Average asking price is £423,965 while average price paid is £223,500 which is up by £18,664 and Avg. asking rent £1,589.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 Newell Rise, Hemel Hempstead, HP3 area. In last 1 year alone average price buyer paid is around £223,500 based on approximately 2 sales in Newell Rise, Hemel Hempstead, HP3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £197,333. 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 £197,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £199,200 per sale.