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 £6,488 in last 6 months, £30,863 in last 1 year, £42,755 in last 2 years, £56,225 in last 3 years, £55,621 in last 4 years and £58,656 in last 5 years.
Currently average asking price of a property in Stanmore Road, Watford, WD24 is around £297,661 based on approximately 4 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £1,563 per month.
Estimated property value in Stanmore Road, Watford, WD24 is £281,470. Average asking price is £297,661 while average price paid is £245,375 which is up by £30,863 and Avg. asking rent £1,563.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 Stanmore Road, Watford, WD24 area. In last 1 year alone average price buyer paid is around £245,375 based on approximately 4 sales in Stanmore Road, Watford, WD24 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £228,071. 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 £213,458 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £206,156 per sale.