Station Road, Letchworth Garden City, SG6

Street Guide For Station Road, Letchworth Garden City, SG6

 

Station Road, Letchworth Garden City, SG6 Map

Estimated Price: £293,078
Average Asking Price: £352,662
Price change in last one year: £29,571
Average Price Paid: £218,333
Average Rent Rates: £1,007

 

Property Prices Breakdown in Station Road, Letchworth Garden City, SG6

Average Price for property in Station Road, Letchworth Garden City, SG6 is around £293,078 e.g. average price for terraced house is around 293,078. Values have been changing and have risen £4,195 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,936 in last 6 months, £29,571 in last 1 year, £40,806 in last 2 years, £38,741 in last 3 years, £42,360 in last 4 years and £46,301 in last 5 years.

Currently average asking price of a property in Station Road, Letchworth Garden City, SG6 is around £352,662 based on approximately 0 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,007 per month.

Estimated property value in Station Road, Letchworth Garden City, SG6 is £293,078. Average asking price is £352,662 while average price paid is £232,500 which is up by £38,741 and Avg. asking rent £1,007.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 Station Road, Letchworth Garden City, SG6 area. In last 3 years alone average price buyer paid is around £232,500 based on approximately 2 sales in Station Road, Letchworth Garden City, SG6 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £218,333. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £218,333 for 3 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 £147,498, £225,000 for a 2 bedroom house, £293,412 for a 3 bedroom house, £486,242 for a 4 bedroom house and £799,993 for a 5 bedroom house. For a flat similarly the prices varies from £144,643 for a single bedroom to £174,991 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £130,000. To sum up the asking prices for properties in Station Road, Letchworth Garden City, SG6 it comes to around average £145,277 for 1 bedroom property, £194,994 for 2 bedroom, £286,876 for 3 bedroom, £486,242 for 4 bedroom and £799,993 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 £800 for 2 bedroom to £867 for 3 bedroom and £2,500 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £587. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £764 and £750 for 3 bedroom. You should be generally be expecting around average £587 rent per month for single bedroom property, £778 for 2 bedroom, £808 for 3 bedroom and approximately £2,500 for 4 bedroom property in Station Road, Letchworth Garden City, SG6 area.

Popular Houses in Station Road, Letchworth Garden City, SG6

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 Station Road, Letchworth Garden City, SG6