Average Price for property in New Wood, Welwyn Garden City, AL7 is around £210,240 e.g. average price for a flat is around 210,240. Values have been changing and have risen £104 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,434 in last 6 months, £15,787 in last 1 year, £27,126 in last 2 years, £34,087 in last 3 years, £32,905 in last 4 years and £36,692 in last 5 years.
Currently average asking price of a property in New Wood, 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 New Wood, Welwyn Garden City, AL7 is £210,240. Average asking price is £588,217 while average price paid is £175,625 which is up by £15,787 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 New Wood, Welwyn Garden City, AL7 area. In last 1 year alone average price buyer paid is around £175,625 based on approximately 4 sales in New Wood, Welwyn Garden City, AL7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £167,485. 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 £163,150 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £157,719 per sale.