Vicarage Lane, Bovingdon, Hemel Hempstead, HP3

Street Guide For Vicarage Lane, Bovingdon, Hemel Hempstead, HP3

 

Vicarage Lane, Bovingdon, Hemel Hempstead, HP3 Map

Estimated Price: £508,509
Average Asking Price: £430,841
Price change in last one year: £40,825
Average Price Paid: £477,444
Average Rent Rates: £1,632

 

Property Prices Breakdown in Vicarage Lane, Bovingdon, Hemel Hempstead, HP3

Average Price for property in Vicarage Lane, Bovingdon, Hemel Hempstead, HP3 is around £508,509 which varies based on type of property you are interested in and ranges from £990,983 for detached house to around £381,950 for semi-detached. Similarly terraced house is around £338,142 and a flat is worth £181,570. Values have been changing and have risen £2,262 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,506 in last 6 months, £40,825 in last 1 year, £59,985 in last 2 years, £80,998 in last 3 years, £79,085 in last 4 years and £82,518 in last 5 years.

Currently average asking price of a property in Vicarage Lane, Bovingdon, Hemel Hempstead, HP3 is around £430,841 based on approximately 3 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,632 per month.

Estimated property value in Vicarage Lane, Bovingdon, Hemel Hempstead, HP3 is £508,509. Average asking price is £430,841 while average price paid is £440,000 which is up by £40,825 and Avg. asking rent £1,632.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 Vicarage Lane, Bovingdon, Hemel Hempstead, HP3 area. In last 1 year alone average price buyer paid is around £440,000 based on approximately 3 sales in Vicarage Lane, Bovingdon, Hemel Hempstead, HP3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £504,500. 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 £477,444 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £468,285 per sale.

 
 

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 £186,475, £353,999 for a 2 bedroom house, £369,379 for a 3 bedroom house, £589,600 for a 4 bedroom house and £750,820 for a 5 bedroom house. For a flat similarly the prices varies from £183,738 for a single bedroom to £244,061 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £293,898. To sum up the asking prices for properties in Vicarage Lane, Bovingdon, Hemel Hempstead, HP3 it comes to around average £184,129 for 1 bedroom property, £259,767 for 2 bedroom, £361,175 for 3 bedroom, £589,600 for 4 bedroom and £750,820 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 £750 for 1 bedroom to £1,124 for 2 bedrooms, £1,477 for 3 bedrooms, £1,818 for 4 bedrooms and £3,734 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £900. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £957. You should be generally be expecting around average £862 rent per month for single bedroom property, £1,013 for 2 bedroom, £1,477 for 3 bedroom, £1,818 for 4 bedroom and approximately £3,734 for a 5 bedroom property in Vicarage Lane, Bovingdon, Hemel Hempstead, HP3 area.

Popular Houses in Vicarage Lane, Bovingdon, Hemel Hempstead, HP3

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.

Areas in and around Vicarage Lane, Bovingdon, Hemel Hempstead, HP3