Values have been changing and have risen £5,487 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,504 in last 6 months, £33,876 in last 1 year, £50,933 in last 2 years, £52,450 in last 3 years, £49,715 in last 4 years and £54,754 in last 5 years.
Currently average asking price of a property in Tower Road, Codicote, Hitchin, SG4 is around £525,120 based on approximately 1 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £1,468 per month.
Estimated property value in Tower Road, Codicote, Hitchin, SG4 is £339,445. Average asking price is £525,120 while average price paid is £309,000 which is up by £33,876 and Avg. asking rent £1,468.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 Tower Road, Codicote, Hitchin, SG4 area. In last 1 year alone average price buyer paid is around £309,000 based on approximately 1 sales in Tower Road, Codicote, Hitchin, SG4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £271,250. 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 £263,000 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £263,000 per sale.