Values have been changing and have risen £936 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £861 in last 6 months, £19,291 in last 1 year, £29,201 in last 2 years, £37,694 in last 3 years, £33,650 in last 4 years and £37,569 in last 5 years.
Currently average asking price of a property in Meadow Close, London Colney, St. Albans, AL2 is around £511,046 based on approximately 8 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £2,180 per month.
Estimated property value in Meadow Close, London Colney, St. Albans, AL2 is £218,556. Average asking price is £511,046 while average price paid is £245,281 which is up by £19,291 and Avg. asking rent £2,180.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 Meadow Close, London Colney, St. Albans, AL2 area. In last 1 year alone average price buyer paid is around £245,281 based on approximately 8 sales in Meadow Close, London Colney, St. Albans, AL2 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £202,326. 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 £197,546 for 16 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £191,338 per sale.