Cherry Tree Avenue, London Colney, St. Albans, AL2

Street Guide For Cherry Tree Avenue, London Colney, St. Albans, AL2

 

Cherry Tree Avenue, London Colney, St. Albans, AL2 Map

Estimated Price: £389,236
Average Asking Price: £511,046
Price change in last one year: £34,164
Average Price Paid: £291,624
Average Rent Rates: £2,180

 

Property Prices Breakdown in Cherry Tree Avenue, London Colney, St. Albans, AL2

Average Price for property in Cherry Tree Avenue, London Colney, St. Albans, AL2 is around £389,236 which varies based on type of property you are interested in and ranges from £413,815 for detached house to around £414,424 for semi-detached. Similarly terraced house is around £313,822. Values have been changing and have risen £1,656 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,523 in last 6 months, £34,164 in last 1 year, £51,710 in last 2 years, £66,746 in last 3 years, £59,580 in last 4 years and £66,519 in last 5 years.

Currently average asking price of a property in Cherry Tree Avenue, London Colney, St. Albans, AL2 is around £511,046 based on approximately 2 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 Cherry Tree Avenue, London Colney, St. Albans, AL2 is £389,236. Average asking price is £511,046 while average price paid is £272,500 which is up by £34,164 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 Cherry Tree Avenue, London Colney, St. Albans, AL2 area. In last 1 year alone average price buyer paid is around £272,500 based on approximately 2 sales in Cherry Tree Avenue, London Colney, St. Albans, AL2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £277,500. 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 £291,624 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £285,555 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 1 bedroom is around £127,500, £330,339 for a 2 bedroom house, £460,490 for a 3 bedroom house, £650,585 for a 4 bedroom house and £800,742 for a 5 bedroom house. For a flat similarly the prices varies from £217,500 for a single bedroom to £267,983 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £308,000. To sum up the asking prices for properties in Cherry Tree Avenue, London Colney, St. Albans, AL2 it comes to around average £187,500 for 1 bedroom property, £311,632 for 2 bedroom, £444,850 for 3 bedroom, £650,585 for 4 bedroom and £800,742 for a 5 bedroom property.

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 £949 for 2 bedroom to £1,403 for 3 bedroom and £3,501 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £854. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,148 and £1,083 for 3 bedroom. You should be generally be expecting around average £854 rent per month for single bedroom property, £1,082 for 2 bedroom, £1,329 for 3 bedroom and approximately £3,501 for 4 bedroom property in Cherry Tree Avenue, London Colney, St. Albans, AL2 area.

Popular Houses in Cherry Tree Avenue, London Colney, St. Albans, AL2

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 Tree Avenue, London Colney, St. Albans, AL2