Poets Chase, Hemel Hempstead, HP1

Street Guide For Poets Chase, Hemel Hempstead, HP1

 

Poets Chase, Hemel Hempstead, HP1 Map

Estimated Price: £372,169
Average Asking Price: £343,961
Price change in last one year: £28,493
Average Price Paid: £326,806
Average Rent Rates: £1,788

 

Property Prices Breakdown in Poets Chase, Hemel Hempstead, HP1

Average Price for property in Poets Chase, Hemel Hempstead, HP1 is around £372,169 which varies based on type of property you are interested in and ranges from £422,409 for detached house to around £393,965 for semi-detached. Similarly terraced house is around £281,524. Values have been changing and have risen £2,415 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,600 in last 6 months, £28,493 in last 1 year, £43,462 in last 2 years, £56,395 in last 3 years, £53,197 in last 4 years and £58,612 in last 5 years.

Currently average asking price of a property in Poets Chase, Hemel Hempstead, HP1 is around £343,961 based on approximately 2 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,788 per month.

Estimated property value in Poets Chase, Hemel Hempstead, HP1 is £372,169. Average asking price is £343,961 while average price paid is £329,975 which is up by £28,493 and Avg. asking rent £1,788.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 Poets Chase, Hemel Hempstead, HP1 area. In last 1 year alone average price buyer paid is around £329,975 based on approximately 2 sales in Poets Chase, Hemel Hempstead, HP1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £336,390. 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 £326,806 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £313,045 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 1 bedroom is around £240,000, £283,725 for a 2 bedroom house, £348,985 for a 3 bedroom house, £489,812 for a 4 bedroom house and £565,211 for a 5 bedroom house. For a flat similarly the prices varies from £164,994 for a single bedroom to £235,345 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000. To sum up the asking prices for properties in Poets Chase, Hemel Hempstead, HP1 it comes to around average £168,942 for 1 bedroom property, £243,759 for 2 bedroom, £340,694 for 3 bedroom, £489,812 for 4 bedroom and £565,211 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 £647 for 1 bedroom to £1,004 for 2 bedroom, £1,224 for 3 bedroom and £1,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,134. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,077 and £1,049 for 3 bedroom. You should be generally be expecting around average £842 rent per month for single bedroom property, £1,056 for 2 bedroom, £1,166 for 3 bedroom and approximately £1,001 for 5 bedroom property in Poets Chase, Hemel Hempstead, HP1 area.

Popular Houses in Poets Chase, Hemel Hempstead, HP1

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 Poets Chase, Hemel Hempstead, HP1