Newfield Way, St. Albans, AL4

Street Guide For Newfield Way, St. Albans, AL4

 

Newfield Way, St. Albans, AL4 Map

Estimated Price: £570,241
Average Asking Price: £630,113
Price change in last one year: £43,188
Average Price Paid: £466,562
Average Rent Rates: £1,347

 

Property Prices Breakdown in Newfield Way, St. Albans, AL4

Average Price for property in Newfield Way, St. Albans, AL4 is around £570,241 which varies based on type of property you are interested in and ranges from £633,134 for detached house to around £444,455 for semi-detached. Values have been changing and have risen £785 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,293 in last 6 months, £43,188 in last 1 year, £76,259 in last 2 years, £95,639 in last 3 years, £90,031 in last 4 years and £96,806 in last 5 years.

Currently average asking price of a property in Newfield Way, St. Albans, AL4 is around £630,113 based on approximately 3 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,347 per month.

Estimated property value in Newfield Way, St. Albans, AL4 is £570,241. Average asking price is £630,113 while average price paid is £497,333 which is up by £43,188 and Avg. asking rent £1,347.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 Newfield Way, St. Albans, AL4 area. In last 1 year alone average price buyer paid is around £497,333 based on approximately 3 sales in Newfield Way, St. Albans, AL4 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £501,583. 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 £466,562 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £447,495 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 £220,000, £361,421 for a 2 bedroom house, £530,405 for a 3 bedroom house, £642,500 for a 4 bedroom house and £1,557,900 for a 5 bedroom house. For a flat similarly the prices varies from £175,975 for a single bedroom to £401,364 for a 2 bedroom Flat. To sum up the asking prices for properties in Newfield Way, St. Albans, AL4 it comes to around average £190,650 for 1 bedroom property, £385,831 for 2 bedroom, £530,405 for 3 bedroom, £642,500 for 4 bedroom and £1,557,900 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 £1,400 for 1 bedroom to £1,149 for 2 bedroom, £1,509 for 3 bedroom and £2,051 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £702. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £823. You should be generally be expecting around average £1,051 rent per month for single bedroom property, £1,084 for 2 bedroom, £1,509 for 3 bedroom and approximately £2,051 for 4 bedroom property in Newfield Way, St. Albans, AL4 area.

Popular Houses in Newfield Way, St. Albans, AL4

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 Newfield Way, St. Albans, AL4