Average Price for property in St. Michaels Drive, Sheepcot Lane, Watford, WD25 is around £397,993 which varies based on type of property you are interested in and ranges from £444,758 for detached house to around £468,049 for semi-detached. Similarly terraced house is around £349,334. Values have been changing and have risen £241 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £886 in last 6 months, £33,511 in last 1 year, £51,413 in last 2 years, £70,190 in last 3 years, £69,039 in last 4 years and £72,766 in last 5 years.
Currently average asking price of a property in St. Michaels Drive, Sheepcot Lane, Watford, WD25 is around £474,623 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £2,431 per month.
Estimated property value in St. Michaels Drive, Sheepcot Lane, Watford, WD25 is £397,993. Average asking price is £474,623 while average price paid is £267,500 which is up by £33,511 and Avg. asking rent £2,431.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 St. Michaels Drive, Sheepcot Lane, Watford, WD25 area. In last 1 year alone average price buyer paid is around £267,500 based on approximately 2 sales in St. Michaels Drive, Sheepcot Lane, Watford, WD25 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £291,666. 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 £294,400 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £295,333 per sale.