Wednesday, 11 November 2015

Ampthill vs Flitwick - Average House Prices, Who's Higher..?

Lately I’ve been looking at the differences in the average sale prices over the last 12 months for properties in Ampthill, compared to Flitwick. There’s a clear difference:




The average price for terraced houses in Flitwick is currently £208,709, whilst terraced houses in Ampthill are worth around 19% more with an average of £246,876. The same was found for the value of an average semi-detached house worth £248,804 in Flitwick, with the value increasing by 21% in Ampthill at £301,784. For a detached house in Flitwick, you can pay approximately £379,850. This value is increased by 18% in Ampthill, with an average price of £448,943.

So Ampthill is more expensive across the board by 18-21% for houses, not such a massive shock. But do the rental returns reflect this? I’ll be comparing the yields and rental returns later.

If you are a landlord who is looking to buy a property to let it’s worth considering the possible annual returns/yields, making sure it works for your figures. If you would like any advice when choosing investment properties then give us a call on 01525 838848, or drop into our office at 21 The Rufus Centre, Steppingley Road, Flitwick, by the new sports centre currently being built.


http://www.1st-house-lettings.co.uk


(Above price info was taken from Zoopla)


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