Average Price for property in Lumbards, Welwyn Garden City, AL7 is around £332,270 which varies based on type of property you are interested in and ranges from £338,775 for semi-detached to around £328,553 for terraced house. Values have been changing and have risen £173 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,394 in last 6 months, £26,321 in last 1 year, £45,227 in last 2 years, £56,831 in last 3 years, £54,855 in last 4 years and £61,168 in last 5 years.
Currently average asking price of a property in Lumbards, Welwyn Garden City, AL7 is around £588,217 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,600 per month.
Estimated property value in Lumbards, Welwyn Garden City, AL7 is £332,270. Average asking price is £588,217 while average price paid is £334,950 which is up by £26,321 and Avg. asking rent £1,600.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 Lumbards, Welwyn Garden City, AL7 area. In last 1 year alone average price buyer paid is around £334,950 based on approximately 1 sales in Lumbards, Welwyn Garden City, AL7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £319,975. 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 £283,737 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £276,590 per sale.