Area Guide For Hertfordshire

Hertfordshire, located towards the North of London is popular for some major corporate headquarters, including Tesco, GlaxoSmithKline & DSG International. It is also home to Letchworth Garden City, the world’s first of its kind. Connectivity is also great, thanks to several train routes serving the area. Another popular attraction in the County is the Natural History Museum of Tring, which is located in the small town by the same name. The University of Hertfordshire is also famous and offers a multitude of courses. All in all, the county has much to offer, including parks, museums and gardens.


Hertfordshire Map

Estimated Price: £417,223
Average Asking Price: £650,219
Price change in last one year: £36,849
Average Price Paid: £330,000
Average Rent Rates: £2,140


Property Prices Breakdown in Hertfordshire

Average Price for property in Hertfordshire is around £417,223 which varies based on type of property you are interested in and ranges from £725,962 for detached house to around £414,844 for semi-detached. Similarly terraced house is around £304,756 and a flat is worth £231,646. Values have been changing and have risen £2,734 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,679 in last 6 months, £36,849 in last 1 year, £61,055 in last 2 years, £71,313 in last 3 years, £67,959 in last 4 years and £72,166 in last 5 years.

Currently average asking price of a property in Hertfordshire is around £650,219 based on approximately 18,553 properties for sale. Same is the case with rental options based on 2,273 properties up for rent, average asking rent is around £2,140 per month.

Estimated property value in Hertfordshire is £417,223. Average asking price is £650,219 while average price paid is £360,200 which is up by £36,849 and Avg. asking rent £2,140.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 Hertfordshire area. In last 1 year alone average price buyer paid is around £360,200 based on approximately 18,553 sales in Hertfordshire area alone. If you compare it to last 3 years sales of 54,969 properties where buyers paid around £339,393. 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 £330,000 for 88,525 and average amount paid for purchase of approx. 117,176 properties sold in last 7 years comes to about £321,498 per sale.


Properties For Sale in Hertfordshire


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 £177,983, £345,907 for a 2 bedroom house, £443,391 for a 3 bedroom house, £727,378 for a 4 bedroom house and £1,149,910 for a 5 bedroom house. For a flat similarly the prices varies from £173,645 for a single bedroom to £295,107 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £578,614, £751,666 for a 4 bedroom flat and £767,475 for a 5 bedroom flat. To sum up the asking prices for properties in Hertfordshire it comes to around average £174,388 for 1 bedroom property, £314,829 for 2 bedroom, £454,499 for 3 bedroom, £727,531 for 4 bedroom and £1,148,380 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 £768 for 1 bedroom to £1,148 for 2 bedrooms, £1,442 for 3 bedrooms, £2,225 for 4 bedrooms and £4,888 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £850. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,266, £2,201 for 3 bedroom, £3,039 for 4 bedroom and around £3,677 for 5 bedroom flat. You should be generally be expecting around average £830 rent per month for single bedroom property, £1,236 for 2 bedroom, £1,585 for 3 bedroom, £2,241 for 4 bedroom and approximately £4,871 for a 5 bedroom property in Hertfordshire area.

Popular Houses in Hertfordshire

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.

Sold Properties in Hertfordshire

Areas in and around Hertfordshire