Average Price for property in Cottonmill Lane, St. Albans, AL1 is around £446,189 which varies based on type of property you are interested in and ranges from £1,839,781 for detached house to around £465,540 for semi-detached. Similarly terraced house is around £398,211 and a flat is worth £244,749. Values have been changing and have risen £861 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £754 in last 6 months, £37,805 in last 1 year, £59,841 in last 2 years, £71,495 in last 3 years, £69,882 in last 4 years and £80,761 in last 5 years.
Currently average asking price of a property in Cottonmill Lane, St. Albans, AL1 is around £527,808 based on approximately 4 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 Cottonmill Lane, St. Albans, AL1 is £446,189. Average asking price is £527,808 while average price paid is £751,125 which is up by £37,805 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 Cottonmill Lane, St. Albans, AL1 area. In last 1 year alone average price buyer paid is around £751,125 based on approximately 4 sales in Cottonmill Lane, St. Albans, AL1 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £487,458. 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 £397,000 for 24 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £345,538 per sale.