Values have been changing and have risen £1,266 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,082 in last 6 months, £22,845 in last 1 year, £33,568 in last 2 years, £45,330 in last 3 years, £44,262 in last 4 years and £46,184 in last 5 years.
Currently average asking price of a property in Stephenson Wharf, Hemel Hempstead, HP3 is around £423,965 based on approximately 13 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,589 per month.
Estimated property value in Stephenson Wharf, Hemel Hempstead, HP3 is £296,107. Average asking price is £423,965 while average price paid is £264,880 which is up by £22,845 and Avg. asking rent £1,589.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 Stephenson Wharf, Hemel Hempstead, HP3 area. In last 1 year alone average price buyer paid is around £264,880 based on approximately 13 sales in Stephenson Wharf, Hemel Hempstead, HP3 area alone. If you compare it to last 3 years sales of 32 properties where buyers paid around £232,809. 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 £230,842 for 57 and average amount paid for purchase of approx. 69 properties sold in last 7 years comes to about £230,210 per sale.