Stevenage

Area Guide For Stevenage

 
 

Stevenage Map

Estimated Price: £263,280
Average Asking Price: £363,703
Price change in last one year: £25,768
Average Price Paid: £206,687
Average Rent Rates: £995

 
 

Property Prices Breakdown in Stevenage

Average Price for property in Stevenage is around £263,280 which varies based on type of property you are interested in and ranges from £453,997 for detached house to around £289,143 for semi-detached. Similarly terraced house is around £218,936 and a flat is worth £156,015. Values have been changing and have risen £4,409 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,797 in last 6 months, £25,768 in last 1 year, £42,999 in last 2 years, £42,385 in last 3 years, £41,616 in last 4 years and £40,122 in last 5 years.

Currently average asking price of a property in Stevenage is around £363,703 based on approximately 1,244 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £995 per month.

Estimated property value in Stevenage is £263,280. Average asking price is £363,703 while average price paid is £221,599 which is up by £25,768 and Avg. asking rent £995.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 Stevenage area. In last 1 year alone average price buyer paid is around £221,599 based on approximately 1,244 sales in Stevenage area alone. If you compare it to last 3 years sales of 3,440 properties where buyers paid around £210,914. 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 £206,687 for 5,663 and average amount paid for purchase of approx. 7,690 properties sold in last 7 years comes to about £203,336 per sale.

 
 

Properties For Sale in Stevenage

 
 

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 £157,097, £217,767 for a 2 bedroom house, £274,716 for a 3 bedroom house, £436,532 for a 4 bedroom house and £749,114 for a 5 bedroom house. For a flat similarly the prices varies from £131,037 for a single bedroom to £157,948 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £175,000. To sum up the asking prices for properties in Stevenage it comes to around average £137,895 for 1 bedroom property, £182,319 for 2 bedroom, £266,631 for 3 bedroom, £436,532 for 4 bedroom and £749,114 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 £508 for 1 bedroom to £921 for 2 bedrooms, £1,128 for 3 bedrooms, £1,101 for 4 bedrooms and £2,520 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £569. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £838. You should be generally be expecting around average £546 rent per month for single bedroom property, £867 for 2 bedroom, £1,128 for 3 bedroom, £1,101 for 4 bedroom and approximately £2,520 for a 5 bedroom property in Stevenage area.

Popular Houses in Stevenage

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.

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