Values have been changing and have risen £1,376 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,265 in last 6 months, £28,369 in last 1 year, £42,937 in last 2 years, £55,423 in last 3 years, £49,473 in last 4 years and £55,237 in last 5 years.
Currently average asking price of a property in Alexander Road, London Colney, St. Albans, AL2 is around £511,046 based on approximately 3 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £2,180 per month.
Estimated property value in Alexander Road, London Colney, St. Albans, AL2 is £315,275. Average asking price is £511,046 while average price paid is £380,000 which is up by £28,369 and Avg. asking rent £2,180.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Alexander Road, London Colney, St. Albans, AL2 area. In last 1 year alone average price buyer paid is around £380,000 based on approximately 3 sales in Alexander Road, London Colney, St. Albans, AL2 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £257,796. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £254,839 for 19 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £255,092 per sale.