Green Lane, St. Albans, AL3

Street Guide For Green Lane, St. Albans, AL3

 

Green Lane, St. Albans, AL3 Map

Estimated Price: £488,612
Average Asking Price: £664,980
Price change in last one year: £29,653
Average Price Paid: £355,238
Average Rent Rates: £3,521

 

Property Prices Breakdown in Green Lane, St. Albans, AL3

Average Price for property in Green Lane, St. Albans, AL3 is around £488,612 which varies based on type of property you are interested in and ranges from £547,677 for detached house to around £465,858 for semi-detached. Similarly terraced house is around £530,566 and a flat is worth £203,922. Values have been changing and have risen £9,027 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,174 in last 6 months, £29,653 in last 1 year, £46,629 in last 2 years, £50,167 in last 3 years, £66,055 in last 4 years and £79,429 in last 5 years.

Currently average asking price of a property in Green Lane, St. Albans, AL3 is around £664,980 based on approximately 8 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £3,521 per month.

Estimated property value in Green Lane, St. Albans, AL3 is £488,612. Average asking price is £664,980 while average price paid is £398,937 which is up by £29,653 and Avg. asking rent £3,521.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 Green Lane, St. Albans, AL3 area. In last 1 year alone average price buyer paid is around £398,937 based on approximately 8 sales in Green Lane, St. Albans, AL3 area alone. If you compare it to last 3 years sales of 28 properties where buyers paid around £379,517. 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 £355,238 for 44 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £398,937 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 2 bedroom is around £658,883, £1,122,492 for a 3 bedroom house, £1,267,839 for a 4 bedroom house and £1,854,607 for a 5 bedroom house. For a flat similarly the prices varies from £370,687 for a single bedroom to £548,088 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £801,889 and £737,475 for a 4 bedroom flat. To sum up the asking prices for properties in Green Lane, St. Albans, AL3 it comes to around average £370,687 for 1 bedroom property, £561,038 for 2 bedroom, £936,335 for 3 bedroom, £1,232,482 for 4 bedroom and £1,854,607 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 £758 for 1 bedroom to £2,108 for 2 bedrooms, £2,808 for 3 bedrooms, £4,208 for 4 bedrooms and £5,228 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,180. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,900, £2,790 for 3 bedroom and £4,810 for 4 bedroom. You should be generally be expecting around average £1,141 rent per month for single bedroom property, £1,984 for 2 bedroom, £2,798 for 3 bedroom, £4,224 for 4 bedroom and approximately £5,228 for a 5 bedroom property in Green Lane, St. Albans, AL3 area.

Popular Houses in Green Lane, 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 Green Lane, St. Albans, AL3