The average property value in Three Rivers is £613,093 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Three Rivers grew by £52,999. Compare house prices by area
Average property prices in Three Rivers grew by 9.5% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.7% per year.
If prices in Three Rivers continue to rise by 4.7% a year, the average property price will be £736,698 in 2025.
There were 1,288 property sales in Three Rivers in the year ending June 2021, an increase of 242 when compared to the previous year.
The average price for a house in Three Rivers ranges from £445,656 for a terraced house to £1,032,348 for a detached house, with semi-detached in between costing on average £548,511.
The average price for a flat or maisonette in Three Rivers is £320,964.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Three Rivers, terraced house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 51.3% from £682,534 to £1,032,348, semi-detached house prices have risen 64.8% from £332,764 to £548,511, terraced house prices have risen 74.5% from £255,450 to £445,656, and flat prices have risen 47.3% from £217,944 to £320,964.
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The most common type of property sold in Three Rivers during the year ending June 2021 was semi-detached houses, which accounted for 31.8% of properties.
The least commonly available type of property sold in Three Rivers were flats, which account for 16.8% of properties sold.
Of the properties sold in Three Rivers during 2021, 1.9% were new build properties.
The average price paid for a new build property in Three Rivers was £333,857 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (100% of new build properties sold). For existing properties, the most common type is semi-detached houses (32% of existing properties sold).
The most common price band for property sales in Three Rivers is £400k - £500k, which accounted for 14.8% of properties sold in 2021.
7.8% of properties in Three Rivers had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Three Rivers were in the £100k - £150k price bracket, accounting for 0.1% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics