Average Price for property in Morris Way, London Colney, St. Albans, AL2 is around £395,510 which varies based on type of property you are interested in and ranges from £477,628 for detached house to around £425,126 for semi-detached. Similarly terraced house is around £294,320 and a flat is worth £164,693. Values have been changing and have risen £1,746 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,604 in last 6 months, £35,995 in last 1 year, £54,483 in last 2 years, £70,327 in last 3 years, £62,777 in last 4 years and £70,089 in last 5 years.
Currently average asking price of a property in Morris Way, London Colney, St. Albans, AL2 is around £511,046 based on approximately 2 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £2,180 per month.
Estimated property value in Morris Way, London Colney, St. Albans, AL2 is £395,510. Average asking price is £511,046 while average price paid is £306,775 which is up by £35,995 and Avg. asking rent £2,180.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 Morris Way, London Colney, St. Albans, AL2 area. In last 1 year alone average price buyer paid is around £306,775 based on approximately 2 sales in Morris Way, London Colney, St. Albans, AL2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £324,105. 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 £322,504 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £308,396 per sale.