Watercress Close, Stevenage, SG2

Street Guide For Watercress Close, Stevenage, SG2

 

Watercress Close, Stevenage, SG2 Map

Estimated Price: £454,370
Average Asking Price: £407,284
Price change in last one year: £48,758
Average Price Paid: £391,658
Average Rent Rates: £1,242

 

Property Prices Breakdown in Watercress Close, Stevenage, SG2

Average Price for property in Watercress Close, Stevenage, SG2 is around £454,370 e.g. average price for detached house is around 454,370. Values have been changing and have risen £8,404 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,416 in last 6 months, £48,758 in last 1 year, £73,556 in last 2 years, £73,979 in last 3 years, £73,846 in last 4 years and £75,993 in last 5 years.

Currently average asking price of a property in Watercress Close, Stevenage, SG2 is around £407,284 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,242 per month.

Estimated property value in Watercress Close, Stevenage, SG2 is £454,370. Average asking price is £407,284 while average price paid is £470,000 which is up by £48,758 and Avg. asking rent £1,242.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 Watercress Close, Stevenage, SG2 area. In last 1 year alone average price buyer paid is around £470,000 based on approximately 1 sales in Watercress Close, Stevenage, SG2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £442,500. 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 £391,658 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £391,658 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 £136,662, £226,642 for a 2 bedroom house, £262,845 for a 3 bedroom house, £553,173 for a 4 bedroom house and £971,495 for a 5 bedroom house. For a flat similarly the prices varies from £98,183 for a single bedroom to £147,497 for a 2 bedroom Flat. To sum up the asking prices for properties in Watercress Close, Stevenage, SG2 it comes to around average £117,422 for 1 bedroom property, £193,665 for 2 bedroom, £262,845 for 3 bedroom, £553,173 for 4 bedroom and £971,495 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 £862 for 2 bedroom to £1,176 for 3 bedroom and £2,520 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £600. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £763. You should be generally be expecting around average £600 rent per month for single bedroom property, £812 for 2 bedroom, £1,176 for 3 bedroom and approximately £2,520 for 5 bedroom property in Watercress Close, Stevenage, SG2 area.

Popular Houses in Watercress Close, Stevenage, SG2

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 Watercress Close, Stevenage, SG2