Values have been changing and have risen £3,039 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,474 in last 6 months, £21,420 in last 1 year, £29,559 in last 2 years, £28,066 in last 3 years, £30,690 in last 4 years and £33,546 in last 5 years.
Currently average asking price of a property in Orchard Way, Letchworth Garden City, SG6 is around £352,662 based on approximately 2 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,007 per month.
Estimated property value in Orchard Way, Letchworth Garden City, SG6 is £218,164. Average asking price is £352,662 while average price paid is £193,475 which is up by £21,420 and Avg. asking rent £1,007.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 Orchard Way, Letchworth Garden City, SG6 area. In last 1 year alone average price buyer paid is around £193,475 based on approximately 2 sales in Orchard Way, Letchworth Garden City, SG6 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £193,475. 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 £170,590 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £163,181 per sale.