Average Price for property in Mercers Row, St. Albans, AL1 is around £267,520 which varies based on type of property you are interested in and ranges from £367,011 for detached house to around £344,209 for semi-detached. Similarly terraced house is around £279,327 and a flat is worth £182,249. Values have been changing and have risen £502 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £440 in last 6 months, £22,044 in last 1 year, £34,898 in last 2 years, £41,696 in last 3 years, £40,758 in last 4 years and £47,103 in last 5 years.
Currently average asking price of a property in Mercers Row, St. Albans, AL1 is around £527,808 based on approximately 4 properties for sale. Same is the case with rental options based on 120 properties up for rent, average asking rent is around £2,872 per month.
Estimated property value in Mercers Row, St. Albans, AL1 is £267,520. Average asking price is £527,808 while average price paid is £197,462 which is up by £22,044 and Avg. asking rent £2,872.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 Mercers Row, St. Albans, AL1 area. In last 1 year alone average price buyer paid is around £197,462 based on approximately 4 sales in Mercers Row, St. Albans, AL1 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £216,873. 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 £221,255 for 17 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £213,835 per sale.