Folly Avenue, St. Albans, AL3

Street Guide For Folly Avenue, St. Albans, AL3

 

Folly Avenue, St. Albans, AL3 Map

Estimated Price: £509,947
Average Asking Price: £640,192
Price change in last one year: £33,208
Average Price Paid: £374,702
Average Rent Rates: £1,753

 

Property Prices Breakdown in Folly Avenue, St. Albans, AL3

Average Price for property in Folly Avenue, St. Albans, AL3 is around £509,947 which varies based on type of property you are interested in and ranges from £421,862 for detached house to around £567,186 for semi-detached. Similarly terraced house is around £516,406 and a flat is worth £294,560. Values have been changing and have risen £1,075 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,508 in last 6 months, £33,208 in last 1 year, £61,298 in last 2 years, £78,948 in last 3 years, £79,530 in last 4 years and £87,129 in last 5 years.

Currently average asking price of a property in Folly Avenue, St. Albans, AL3 is around £640,192 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 Folly Avenue, St. Albans, AL3 is £509,947. Average asking price is £640,192 while average price paid is £432,500 which is up by £33,208 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 Folly Avenue, St. Albans, AL3 area. In last 1 year alone average price buyer paid is around £432,500 based on approximately 2 sales in Folly Avenue, St. Albans, AL3 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £390,799. 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 £374,702 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £354,134 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 £235,000, £356,719 for a 2 bedroom house, £530,393 for a 3 bedroom house, £795,455 for a 4 bedroom house and £845,000 for a 5 bedroom house. For a flat similarly the prices varies from £184,975 for a single bedroom to £343,750 for a 2 bedroom Flat. To sum up the asking prices for properties in Folly Avenue, St. Albans, AL3 it comes to around average £194,980 for 1 bedroom property, £353,668 for 2 bedroom, £530,393 for 3 bedroom, £795,455 for 4 bedroom and £845,000 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 £1,161 for 1 bedroom to £1,416 for 2 bedrooms, £1,618 for 3 bedrooms, £2,075 for 4 bedrooms and £3,049 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,331. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,542. You should be generally be expecting around average £1,259 rent per month for single bedroom property, £1,462 for 2 bedroom, £1,618 for 3 bedroom, £2,074 for 4 bedroom and approximately £3,049 for a 5 bedroom property in Folly Avenue, St. Albans, AL3 area.

Popular Houses in Folly Avenue, St. Albans, AL3

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 Folly Avenue, St. Albans, AL3