Values have been changing and have risen £2,086 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,944 in last 6 months, £20,921 in last 1 year, £29,848 in last 2 years, £39,107 in last 3 years, £35,401 in last 4 years and £38,362 in last 5 years.
Currently average asking price of a property in Townsend, Hemel Hempstead, HP2 is around £299,084 based on approximately 4 properties for sale. Same is the case with rental options based on 109 properties up for rent, average asking rent is around £2,113 per month.
Estimated property value in Townsend, Hemel Hempstead, HP2 is £227,647. Average asking price is £299,084 while average price paid is £210,375 which is up by £20,921 and Avg. asking rent £2,113.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 Townsend, Hemel Hempstead, HP2 area. In last 1 year alone average price buyer paid is around £210,375 based on approximately 4 sales in Townsend, Hemel Hempstead, HP2 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £198,586. 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 £195,803 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £190,908 per sale.