Average Price for property in Shepherds Mead, Hitchin, SG5 is around £154,831 which varies based on type of property you are interested in and ranges from £170,253 for terraced house to around £154,481 for a flat. Values have been changing and have risen £2,154 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,565 in last 6 months, £13,640 in last 1 year, £22,516 in last 2 years, £21,282 in last 3 years, £22,160 in last 4 years and £23,703 in last 5 years.
Currently average asking price of a property in Shepherds Mead, Hitchin, SG5 is around £319,174 based on approximately 3 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,247 per month.
Estimated property value in Shepherds Mead, Hitchin, SG5 is £154,831. Average asking price is £319,174 while average price paid is £136,500 which is up by £13,640 and Avg. asking rent £1,247.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 Shepherds Mead, Hitchin, SG5 area. In last 1 year alone average price buyer paid is around £136,500 based on approximately 3 sales in Shepherds Mead, Hitchin, SG5 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £129,996. 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 £129,639 for 14 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £124,581 per sale.