Average Price for property in Cumberland Drive, Redbourn, St. Albans, AL3 is around £592,117 which varies based on type of property you are interested in and ranges from £644,506 for detached house to around £527,288 for semi-detached. Similarly terraced house is around £533,646. Values have been changing and have risen £1,235 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,616 in last 6 months, £38,096 in last 1 year, £70,322 in last 2 years, £90,574 in last 3 years, £91,242 in last 4 years and £99,956 in last 5 years.
Currently average asking price of a property in Cumberland Drive, Redbourn, St. Albans, AL3 is around £638,271 based on approximately 2 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,753 per month.
Estimated property value in Cumberland Drive, Redbourn, St. Albans, AL3 is £592,117. Average asking price is £638,271 while average price paid is £457,500 which is up by £38,096 and Avg. asking rent £1,753.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 Cumberland Drive, Redbourn, St. Albans, AL3 area. In last 1 year alone average price buyer paid is around £457,500 based on approximately 2 sales in Cumberland Drive, Redbourn, St. Albans, AL3 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £449,285. 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 £417,458 for 12 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £419,000 per sale.