Values have been changing and have risen £119 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,657 in last 6 months, £18,214 in last 1 year, £31,298 in last 2 years, £39,330 in last 3 years, £37,965 in last 4 years and £42,332 in last 5 years.
Currently average asking price of a property in Nursery Hill, 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 Nursery Hill, Welwyn Garden City, AL7 is £226,201. Average asking price is £588,217 while average price paid is £167,487 which is up by £18,214 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 Nursery Hill, Welwyn Garden City, AL7 area. In last 1 year alone average price buyer paid is around £167,487 based on approximately 4 sales in Nursery Hill, Welwyn Garden City, AL7 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £168,743. 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 £175,595 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £172,037 per sale.