Average Price for property in Spencer Way, Hemel Hempstead, HP1 is around £249,316 which varies based on type of property you are interested in and ranges from £120,924 for semi-detached to around £270,714 for terraced house. Values have been changing and have risen £1,534 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,556 in last 6 months, £18,089 in last 1 year, £27,594 in last 2 years, £35,808 in last 3 years, £33,780 in last 4 years and £37,219 in last 5 years.
Currently average asking price of a property in Spencer Way, Hemel Hempstead, HP1 is around £343,961 based on approximately 1 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 Spencer Way, Hemel Hempstead, HP1 is £249,316. Average asking price is £343,961 while average price paid is £243,500 which is up by £18,089 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 Spencer Way, Hemel Hempstead, HP1 area. In last 1 year alone average price buyer paid is around £243,500 based on approximately 1 sales in Spencer Way, Hemel Hempstead, HP1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £258,225. 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 £258,225 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £258,225 per sale.