Values have been changing and have risen £446 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,873 in last 6 months, £24,570 in last 1 year, £43,386 in last 2 years, £54,412 in last 3 years, £51,225 in last 4 years and £55,083 in last 5 years.
Currently average asking price of a property in Meadway, Colney Heath, St. Albans, AL4 is around £610,155 based on approximately 2 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,387 per month.
Estimated property value in Meadway, Colney Heath, St. Albans, AL4 is £326,084. Average asking price is £610,155 while average price paid is £264,000 which is up by £24,570 and Avg. asking rent £1,387.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 Meadway, Colney Heath, St. Albans, AL4 area. In last 1 year alone average price buyer paid is around £264,000 based on approximately 2 sales in Meadway, Colney Heath, St. Albans, AL4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £272,666. 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 £271,875 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £265,818 per sale.