Over the last 12 months the average sales price in Stanstead St Margarets & Great Amwell was £395,456, which compares to the lower figure £336,298 across the East of England Region.
The highest value recorded sale in this area, by the Land Registry, over the past 12 months was £522,500 for a flat and £1,320,000 for a house. This is based on 72 completed transactions, 50 of which were Houses and 22 being Flats. This means that the average price of £516,338 for a House is up just under 15% over the last 5 Years and the average price of a Flat of £226,410 is up just under 5% for the same period.
In the last month there were 7 new properties listed for sale making that a total of 97 properties ready to buy in the area which is up 50% on a 3 year average and crucially the average length of time to sell from a property going to market and being under offer was 42 days over the last 12 months.
As a reference, average house prices across the UK were £269,862 in October, which is 1.7% higher than a year ago. (ONS) There were 100,350 transactions in November, up 8% year-on-year (HMRC).
If you would like to know the value of your Stanstead St Margarets or Great Amwell Home get in touch to book a market appraisal.
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“I have been in and around the Hertfordshire property market for over 25 years, starting as an estate agent in the county town of Hertford and now running a successful lettings and property management company based in Stanstead Abbotts. I have let and managed property all over Hertfordshire from the area that I currently work to Wheathampstead where I owned and managed a lettings & estate agents to Watford and surrounding areas where my company acted as a marketing agent for one of the largest property management companies in the country”
