Average Price for property in Nicholas Way, Hemel Hempstead Industrial Estate, Hemel Hempstead, HP2 is around £564,681 e.g. average price for detached house is around 564,681. Values have been changing and have risen £5,160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,228 in last 6 months, £51,747 in last 1 year, £73,825 in last 2 years, £96,723 in last 3 years, £87,546 in last 4 years and £94,864 in last 5 years.
Currently average asking price of a property in Nicholas Way, Hemel Hempstead Industrial Estate, Hemel Hempstead, HP2 is around £299,084 based on approximately 1 properties for sale. Same is the case with rental options based on 109 properties up for rent, average asking rent is around £2,113 per month.
Estimated property value in Nicholas Way, Hemel Hempstead Industrial Estate, Hemel Hempstead, HP2 is £564,681. Average asking price is £299,084 while average price paid is £455,000 which is up by £51,747 and Avg. asking rent £2,113.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 Nicholas Way, Hemel Hempstead Industrial Estate, Hemel Hempstead, HP2 area. In last 1 year alone average price buyer paid is around £455,000 based on approximately 1 sales in Nicholas Way, Hemel Hempstead Industrial Estate, Hemel Hempstead, HP2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £432,500. 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 £446,500 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £446,500 per sale.