Average Price for property in Novello Way, Borehamwood, WD6 is around £365,315 which varies based on type of property you are interested in and ranges from £366,426 for semi-detached to around £358,545 for terraced house. Values have been changing and have risen £1,858 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,915 in last 6 months, £31,290 in last 1 year, £47,840 in last 2 years, £65,740 in last 3 years, £64,933 in last 4 years and £67,801 in last 5 years.
Currently average asking price of a property in Novello Way, Borehamwood, WD6 is around £808,252 based on approximately 3 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £2,366 per month.
Estimated property value in Novello Way, Borehamwood, WD6 is £365,315. Average asking price is £808,252 while average price paid is £308,766 which is up by £31,290 and Avg. asking rent £2,366.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 Novello Way, Borehamwood, WD6 area. In last 1 year alone average price buyer paid is around £308,766 based on approximately 3 sales in Novello Way, Borehamwood, WD6 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £283,216. 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 £261,811 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £253,330 per sale.