Wedgewood Road, Hitchin, SG4

Street Guide For Wedgewood Road, Hitchin, SG4

 

Wedgewood Road, Hitchin, SG4 Map

Estimated Price: £193,864
Average Asking Price: £525,120
Price change in last one year: £18,862
Average Price Paid: £132,946
Average Rent Rates: £1,468

 

Property Prices Breakdown in Wedgewood Road, Hitchin, SG4

Average Price for property in Wedgewood Road, Hitchin, SG4 is around £193,864 which varies based on type of property you are interested in and ranges from £473,801 for detached house to around £368,588 for semi-detached. Similarly terraced house is around £292,942 and a flat is worth £159,402. Values have been changing and have risen £3,055 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,519 in last 6 months, £18,862 in last 1 year, £28,362 in last 2 years, £29,208 in last 3 years, £27,689 in last 4 years and £30,497 in last 5 years.

Currently average asking price of a property in Wedgewood Road, Hitchin, SG4 is around £525,120 based on approximately 6 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 Wedgewood Road, Hitchin, SG4 is £193,864. Average asking price is £525,120 while average price paid is £120,750 which is up by £18,862 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 Wedgewood Road, Hitchin, SG4 area. In last 1 year alone average price buyer paid is around £120,750 based on approximately 6 sales in Wedgewood Road, Hitchin, SG4 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £112,970. 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 £132,946 for 28 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £129,651 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 £99,950, £366,650 for a 2 bedroom house, £387,622 for a 3 bedroom house, £787,992 for a 4 bedroom house and £1,180,495 for a 5 bedroom house. For a flat similarly the prices varies from £98,438 for a single bedroom to £204,022 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £299,998 and £375,000 for a 4 bedroom flat. To sum up the asking prices for properties in Wedgewood Road, Hitchin, SG4 it comes to around average £98,606 for 1 bedroom property, £269,073 for 2 bedroom, £380,882 for 3 bedroom, £758,493 for 4 bedroom and £1,180,495 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 £873 for 2 bedroom to £1,161 for 3 bedroom, £1,637 for 4 bedroom and £2,614 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £693. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £842. You should be generally be expecting around average £693 rent per month for single bedroom property, £853 for 2 bedroom, £1,161 for 3 bedroom, £1,637 for 4 bedroom and approximately £2,614 for a 5 bedroom property in Wedgewood Road, Hitchin, SG4 area.

Popular Houses in Wedgewood Road, Hitchin, SG4

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 Wedgewood Road, Hitchin, SG4