Average Price for property in Ridge Lea, Hemel Hempstead, HP1 is around £404,966 which varies based on type of property you are interested in and ranges from £378,755 for detached house to around £405,902 for semi-detached. Values have been changing and have risen £2,670 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,192 in last 6 months, £31,511 in last 1 year, £48,066 in last 2 years, £62,372 in last 3 years, £58,837 in last 4 years and £64,824 in last 5 years.
Currently average asking price of a property in Ridge Lea, Hemel Hempstead, HP1 is around £343,961 based on approximately 6 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 Ridge Lea, Hemel Hempstead, HP1 is £404,966. Average asking price is £343,961 while average price paid is £361,833 which is up by £31,511 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 Ridge Lea, Hemel Hempstead, HP1 area. In last 1 year alone average price buyer paid is around £361,833 based on approximately 6 sales in Ridge Lea, Hemel Hempstead, HP1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £353,409. 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 £349,730 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £342,138 per sale.