Why Invest in Hertfordshire
Hertfordshire is a county in the UK that also borders Greater London making the value of its land very high, with good transport links to the capital. There are again many large company headquarters located in Hertfordshire such as Tesco, JD Wetherspoon and Pure Digital who make the Dab radio. The county enjoys excellent transport links to London, the north and the north west. Some major roads run through Hertfordshire such as the A1 to Yorkshire and Scotland, the A5 to North Wales, the A6 to north west England and the A41 to the midlands. Major rail routes run to Yorkshire, Scotland, Wales and the Midlands. There are also two large international airports located very close to Hertfordshire, Luton and Stansted. Making Hertfordshire perfect for linking with the rest of the country. Hertfordshire has a rich history and many landmarks, such as Aldenham Country Park and Berkhamsted Castle. The population has increased in the last 20 years from approximately 997,,665 in 1991 to 1,033,977 in 2001. Immigration has also increased in that time to over 113,000, leading to increased demand for housing.
The housing market Hertfordshire
The average house prices in Hertfordshire are £233,564, Semi detached £241,953, Terrace £187, 521 and Flat £143,079.0. With a 2.4% quarterly increase. The proximity to London, excellent transport links, lovely natural beauty and growing economy make house prices very high. The recession has caused the housing market to slow down in Hertfordshire, causing a 7.4% fall in overall house prices in the last 12 months. It has slowly started to recover in recent times, and still has one of the highest property prices in the UK. The demand for housing in Hertfordshire has however remained quite high. The average rental price for a 1 bedroom flat start from around £500.00 pcm. And £900.00 for a three bedroom flat.