Average Price for property in Ridge Road, Letchworth Garden City, SG6 is around £270,013 which varies based on type of property you are interested in and ranges from £399,776 for detached house to around £313,818 for semi-detached. Similarly terraced house is around £260,779. Values have been changing and have risen £3,950 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,413 in last 6 months, £27,841 in last 1 year, £38,418 in last 2 years, £36,475 in last 3 years, £39,886 in last 4 years and £43,597 in last 5 years.
Currently average asking price of a property in Ridge Road, Letchworth Garden City, SG6 is around £352,662 based on approximately 6 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 Ridge Road, Letchworth Garden City, SG6 is £270,013. Average asking price is £352,662 while average price paid is £283,250 which is up by £27,841 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 Ridge Road, Letchworth Garden City, SG6 area. In last 1 year alone average price buyer paid is around £283,250 based on approximately 6 sales in Ridge Road, Letchworth Garden City, SG6 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £268,029. 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 £256,608 for 23 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £242,959 per sale.