Property values rise by £869 per week in Baldock!

Last week, a landlord who lives in Baldock came into our office to discuss the rising property values in our part of Hertfordshire. He owns a varied portfolio of rental properties, primarily in Baldock and Letchworth with one in Hitchin, so it is interesting to compare the increase in property values around the area. Over the last 12 months in Baldock average property values have risen from £293,696 to £338,917, a rise of £45,221 or £869 per week.  When I looked at some of the surrounding areas, Hitchin has had a larger than average increase in property values, at around £1,116 per week (as the average value of a Hitchin property has risen from £331,184 to £389,233), whilst Letchworth has had a  lower rise of around £479 per week (taking an average property in Letchworth from £298,998 to £323,886). Interestingly, when one looks at the percentages, Hitchin has performed the best, rising by 17.53% in the last twelve months, compared to Baldock at 15.40% and Letchworth

read more Property values rise by £869 per week in Baldock!