Average Price for property in Folly Lane, St. Albans, AL3 is around £484,505 which varies based on type of property you are interested in and ranges from £579,803 for detached house to around £493,897 for semi-detached. Similarly terraced house is around £453,172. Values have been changing and have risen £1,012 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,067 in last 6 months, £31,254 in last 1 year, £57,693 in last 2 years, £74,307 in last 3 years, £74,855 in last 4 years and £82,005 in last 5 years.
Currently average asking price of a property in Folly Lane, St. Albans, AL3 is around £640,192 based on approximately 3 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 Lane, St. Albans, AL3 is £484,505. Average asking price is £640,192 while average price paid is £449,000 which is up by £31,254 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 Lane, St. Albans, AL3 area. In last 1 year alone average price buyer paid is around £449,000 based on approximately 3 sales in Folly Lane, St. Albans, AL3 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £400,000. 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 £384,340 for 22 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £367,232 per sale.