Cherry Croft, Welwyn Garden City, AL8

Street Guide For Cherry Croft, Welwyn Garden City, AL8

 

Cherry Croft, Welwyn Garden City, AL8 Map

Estimated Price: £322,304
Average Asking Price: £763,333
Price change in last one year: £24,475
Average Price Paid: £247,500
Average Rent Rates: £2,450

 

Property Prices Breakdown in Cherry Croft, Welwyn Garden City, AL8

Average Price for property in Cherry Croft, Welwyn Garden City, AL8 is around £322,304 which varies based on type of property you are interested in and ranges from £343,350 for semi-detached to around £310,278 for terraced house. Values have been changing and have risen £158 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,421 in last 6 months, £24,475 in last 1 year, £42,418 in last 2 years, £52,381 in last 3 years, £50,613 in last 4 years and £56,299 in last 5 years.

Currently average asking price of a property in Cherry Croft, Welwyn Garden City, AL8 is around £763,333 based on approximately 0 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £2,450 per month.

Estimated property value in Cherry Croft, Welwyn Garden City, AL8 is £322,304. Average asking price is £763,333 while average price paid is £247,500 which is up by £52,381 and Avg. asking rent £2,450.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 Cherry Croft, Welwyn Garden City, AL8 area. In last 3 years alone average price buyer paid is around £247,500 based on approximately 2 sales in Cherry Croft, Welwyn Garden City, AL8 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £247,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £247,500 for 2 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £280,000, £547,500 for a 3 bedroom house, £595,000 for a 4 bedroom house and £615,000 for a 5 bedroom house. To sum up the asking prices for properties in Cherry Croft, Welwyn Garden City, AL8 it comes to around average £280,000 for 2 bedroom property, £547,500 for 3 bedroom, £595,000 for 4 bedroom and £615,000 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,447 for 3 bedroom to £2,249 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £986. You should be generally be expecting around average £986 rent per month for 2 bedroom property, £1,448 for 3 bedroom and approximately £2,249 for 5 bedroom property in Cherry Croft, Welwyn Garden City, AL8 area.

Popular Houses in Cherry Croft, Welwyn Garden City, AL8

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cherry Croft, Welwyn Garden City, AL8