Friday 1 May 2015

Where do people move the most in Harpenden?


Continuing the theme of interesting local data, take a look at this list of the top 5 roads where people move most often in Harpenden.  It's quite revealing to see that on these roads people tend to make a quick stop before moving on, and very few residents remain for long periods.

The prices are the average current values at the time of writing and sourcing the data, and the last column are the number of Sales that have taken place on that road since 1995 according to Land Registry data.

Clearly, some of the roads mentioned here are rather long and some are main or arterial routes into the town and so it's hardly surprising that people will move fairly often, but still the figures are interesting.

On Station Road for example, there have been just under 19 house sales every year, on average, since 1995. That's over £8million worth of housing stock (at todays valuation prices, of course) and well over £80,000 in Harpenden estate agents fees - not forgetting the VAT on those, as well as the stamp duty. You'll be pleased to know that those fees average out to £211 per house sale (unfair comparison I know, inflation and all that, but still - fun numbers to play with!)

Without further ado - please see below the TOP 5 high turnover roads in Harpenden.

1Station Road£422,206379
2Luton Road£533,977313
3Milton Road£396,903276
4Roundwood Lane£394,547240

5Cravells Road£443,861237

Data sourced from Mouseprice.co.uk

Want to know if any of the properties on the market in these roads really is a good investment for you?  Well, look no further. I can help you crunch the numbers and work out what's going to work best for you. Come and have a chat at my Hawk & Chadwick offices in Harpenden or call me on 01727 226 253 or 01582 346 111.

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