Mimram Road, Welwyn, AL6

Street Guide For Mimram Road, Welwyn, AL6

 

Mimram Road, Welwyn, AL6 Map

Estimated Price: £354,636
Average Asking Price: £1,093,690
Price change in last one year: £33,985
Average Price Paid: £393,400
Average Rent Rates: £1,707

 

Property Prices Breakdown in Mimram Road, Welwyn, AL6

Average Price for property in Mimram Road, Welwyn, AL6 is around £354,636 which varies based on type of property you are interested in and ranges from £904,459 for detached house to around £435,278 for semi-detached. Similarly terraced house is around £275,327. Values have been changing and have risen £2,232 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,008 in last 6 months, £33,985 in last 1 year, £49,276 in last 2 years, £62,791 in last 3 years, £54,439 in last 4 years and £69,009 in last 5 years.

Currently average asking price of a property in Mimram Road, Welwyn, AL6 is around £1,093,690 based on approximately 1 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,707 per month.

Estimated property value in Mimram Road, Welwyn, AL6 is £354,636. Average asking price is £1,093,690 while average price paid is £273,000 which is up by £33,985 and Avg. asking rent £1,707.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 Mimram Road, Welwyn, AL6 area. In last 1 year alone average price buyer paid is around £273,000 based on approximately 1 sales in Mimram Road, Welwyn, AL6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £388,750. 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 £393,400 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £305,312 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 3 bedroom is around £431,390, £947,303 for a 4 bedroom house and £1,408,794 for a 5 bedroom house. For a flat similarly the prices varies from £179,950 for a single bedroom to £249,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Mimram Road, Welwyn, AL6 it comes to around average £179,950 for 1 bedroom property, £249,950 for 2 bedroom, £431,390 for 3 bedroom, £947,303 for 4 bedroom and £1,408,794 for a 5 bedroom property.

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 £1,248 for 1 bedroom to £1,196 for 2 bedroom, £1,300 for 3 bedroom and £1,751 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £975. You should be generally be expecting around average £1,148 rent per month for single bedroom property, £1,086 for 2 bedroom, £1,300 for 3 bedroom and approximately £1,751 for 5 bedroom property in Mimram Road, Welwyn, AL6 area.

Popular Houses in Mimram Road, Welwyn, AL6

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 Mimram Road, Welwyn, AL6