Silk Mill Road, Watford, WD19

Street Guide For Silk Mill Road, Watford, WD19

 

Silk Mill Road, Watford, WD19 Map

Estimated Price: £295,732
Average Asking Price: £504,963
Price change in last one year: £33,916
Average Price Paid: £230,670
Average Rent Rates: £1,143

 

Property Prices Breakdown in Silk Mill Road, Watford, WD19

Average Price for property in Silk Mill Road, Watford, WD19 is around £295,732 which varies based on type of property you are interested in and ranges from £496,864 for detached house to around £298,103 for semi-detached. Similarly terraced house is around £311,304 and a flat is worth £169,974. Values have been changing and have risen £2,438 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,194 in last 6 months, £33,916 in last 1 year, £47,763 in last 2 years, £60,454 in last 3 years, £57,415 in last 4 years and £64,111 in last 5 years.

Currently average asking price of a property in Silk Mill Road, Watford, WD19 is around £504,963 based on approximately 9 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £1,143 per month.

Estimated property value in Silk Mill Road, Watford, WD19 is £295,732. Average asking price is £504,963 while average price paid is £255,716 which is up by £33,916 and Avg. asking rent £1,143.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 Silk Mill Road, Watford, WD19 area. In last 1 year alone average price buyer paid is around £255,716 based on approximately 9 sales in Silk Mill Road, Watford, WD19 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £231,028. 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 £230,670 for 20 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £223,588 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 £237,500, £299,990 for a 2 bedroom house, £436,567 for a 3 bedroom house, £546,490 for a 4 bedroom house and £860,000 for a 5 bedroom house. For a flat similarly the prices varies from £181,869 for a single bedroom to £239,983 for a 2 bedroom Flat. To sum up the asking prices for properties in Silk Mill Road, Watford, WD19 it comes to around average £192,995 for 1 bedroom property, £286,142 for 2 bedroom, £436,567 for 3 bedroom, £546,490 for 4 bedroom and £860,000 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 £901 for 1 bedroom to £1,329 for 2 bedroom and £1,445 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £844. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,199. You should be generally be expecting around average £863 rent per month for single bedroom property, £1,271 for 2 bedroom and approximately £1,445 for 3 bedroom property in Silk Mill Road, Watford, WD19 area.

Popular Houses in Silk Mill Road, Watford, WD19

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 Silk Mill Road, Watford, WD19