Values have been changing and have risen £126 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,752 in last 6 months, £19,262 in last 1 year, £33,097 in last 2 years, £41,591 in last 3 years, £40,147 in last 4 years and £44,767 in last 5 years.
Currently average asking price of a property in Mill Green Road, Welwyn Garden City, AL7 is around £588,217 based on approximately 4 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 Mill Green Road, Welwyn Garden City, AL7 is £243,603. Average asking price is £588,217 while average price paid is £239,250 which is up by £19,262 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 Mill Green Road, Welwyn Garden City, AL7 area. In last 1 year alone average price buyer paid is around £239,250 based on approximately 4 sales in Mill Green Road, Welwyn Garden City, AL7 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £222,111. 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 £210,451 for 12 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £195,098 per sale.