Middlefield, Welwyn Garden City, AL7

Street Guide For Middlefield, Welwyn Garden City, AL7

 

Middlefield, Welwyn Garden City, AL7 Map

Estimated Price: £291,886
Average Asking Price: £588,217
Price change in last one year: £23,023
Average Price Paid: £238,000
Average Rent Rates: £1,600

 

Property Prices Breakdown in Middlefield, Welwyn Garden City, AL7

Average Price for property in Middlefield, Welwyn Garden City, AL7 is around £291,886 which varies based on type of property you are interested in and ranges from £371,421 for detached house to around £304,032 for semi-detached. Similarly terraced house is around £281,699. Values have been changing and have risen £151 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,094 in last 6 months, £23,023 in last 1 year, £39,560 in last 2 years, £49,712 in last 3 years, £47,985 in last 4 years and £53,507 in last 5 years.

Currently average asking price of a property in Middlefield, Welwyn Garden City, AL7 is around £588,217 based on approximately 2 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 Middlefield, Welwyn Garden City, AL7 is £291,886. Average asking price is £588,217 while average price paid is £260,000 which is up by £23,023 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 Middlefield, Welwyn Garden City, AL7 area. In last 1 year alone average price buyer paid is around £260,000 based on approximately 2 sales in Middlefield, Welwyn Garden City, AL7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £250,000. 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 £238,000 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £235,833 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 1 bedroom is around £170,000, £229,225 for a 2 bedroom house, £312,058 for a 3 bedroom house and £465,043 for a 4 bedroom house. For a flat similarly the prices varies from £164,982 for a single bedroom to £204,989 for a 2 bedroom Flat. To sum up the asking prices for properties in Middlefield, Welwyn Garden City, AL7 it comes to around average £166,236 for 1 bedroom property, £215,761 for 2 bedroom, £312,058 for 3 bedroom and £465,043 for 4 bedroom.

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 £750 for 1 bedroom to £1,049 for 2 bedroom, £1,192 for 3 bedroom and £1,445 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £753. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,007. You should be generally be expecting around average £753 rent per month for single bedroom property, £1,022 for 2 bedroom, £1,192 for 3 bedroom and approximately £1,445 for 4 bedroom property in Middlefield, Welwyn Garden City, AL7 area.

Popular Houses in Middlefield, Welwyn Garden City, AL7

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 Middlefield, Welwyn Garden City, AL7