Broxbourne

Area Guide For Broxbourne

Broxbourne is a commuter town in the Broxbourne district of Hertfordshire in the East of England with a populace of 13,298 in 2001.

It is placed 17.1 miles north-east of Charing Cross in London and around a mile north of Wormley and south of Hoddesdon. The town is close to the River Lea which structures the limit with Essex and is 4.5 miles north of the M25 motorway. To the west of the town are Broxbourne Woods, a National Nature Reserve.

 
 

Broxbourne Map

Estimated Price: £402,077
Average Asking Price: £577,663
Price change in last one year: £22,218
Average Price Paid: £305,866
Average Rent Rates: £1,100

 
 

Property Prices Breakdown in Broxbourne

Average Price for property in Broxbourne is around £402,077 which varies based on type of property you are interested in and ranges from £722,125 for detached house to around £419,899 for semi-detached. Similarly terraced house is around £302,475 and a flat is worth £202,220. Values have been changing and have risen £3,489 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,452 in last 6 months, £22,218 in last 1 year, £40,437 in last 2 years, £60,030 in last 3 years, £52,734 in last 4 years and £68,459 in last 5 years.

Currently average asking price of a property in Broxbourne is around £577,663 based on approximately 263 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,100 per month.

Estimated property value in Broxbourne is £402,077. Average asking price is £577,663 while average price paid is £316,700 which is up by £22,218 and Avg. asking rent £1,100.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 Broxbourne area. In last 1 year alone average price buyer paid is around £316,700 based on approximately 263 sales in Broxbourne area alone. If you compare it to last 3 years sales of 863 properties where buyers paid around £311,099. 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 £305,866 for 1,408 and average amount paid for purchase of approx. 1,821 properties sold in last 7 years comes to about £306,916 per sale.

 
 

Properties For Sale in Broxbourne

 
 

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 £154,995, £535,000 for a 2 bedroom house, £343,332 for a 3 bedroom house, £555,864 for a 4 bedroom house and £877,054 for a 5 bedroom house. For a flat similarly the prices varies from £135,000 for a single bedroom to £206,414 for a 2 bedroom Flat. To sum up the asking prices for properties in Broxbourne it comes to around average £144,998 for 1 bedroom property, £279,433 for 2 bedroom, £343,332 for 3 bedroom, £555,864 for 4 bedroom and £877,054 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 £849 for 1 bedroom to £1,096 for 2 bedrooms, £1,352 for 3 bedrooms, £1,950 for 4 bedrooms and £1,798 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £653. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £879. You should be generally be expecting around average £692 rent per month for single bedroom property, £922 for 2 bedroom, £1,352 for 3 bedroom, £1,950 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Broxbourne area.

Popular Houses in Broxbourne

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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