Average Price for property in Approach Road, St. Albans, AL1 is around £622,800 which varies based on type of property you are interested in and ranges from £669,252 for detached house to around £834,667 for semi-detached. Similarly flat is around £444,018. Values have been changing and have risen £1,195 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,049 in last 6 months, £52,522 in last 1 year, £83,139 in last 2 years, £99,327 in last 3 years, £97,086 in last 4 years and £112,198 in last 5 years.
Currently average asking price of a property in Approach Road, St. Albans, AL1 is around £527,808 based on approximately 5 properties for sale. Same is the case with rental options based on 120 properties up for rent, average asking rent is around £2,872 per month.
Estimated property value in Approach Road, St. Albans, AL1 is £622,800. Average asking price is £527,808 while average price paid is £202,000 which is up by £52,522 and Avg. asking rent £2,872.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 Approach Road, St. Albans, AL1 area. In last 1 year alone average price buyer paid is around £202,000 based on approximately 5 sales in Approach Road, St. Albans, AL1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £202,000. 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 £202,000 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £290,000 per sale.