Average Price for property in Old Oak, Cottonmill Lane, St. Albans, AL1 is around £302,712 which varies based on type of property you are interested in and ranges from £337,941 for detached house to around £293,283 for semi-detached. Similarly terraced house is around £300,368. Values have been changing and have risen £611 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £535 in last 6 months, £26,829 in last 1 year, £42,469 in last 2 years, £50,740 in last 3 years, £49,598 in last 4 years and £57,320 in last 5 years.
Currently average asking price of a property in Old Oak, Cottonmill Lane, St. Albans, AL1 is around £527,808 based on approximately 1 properties for sale. Same is the case with rental options based on 120 properties up for rent, average asking rent is around £2,872 per month.
Estimated property value in Old Oak, Cottonmill Lane, St. Albans, AL1 is £302,712. Average asking price is £527,808 while average price paid is £250,000 which is up by £26,829 and Avg. asking rent £2,872.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 Old Oak, Cottonmill Lane, St. Albans, AL1 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Old Oak, Cottonmill Lane, St. Albans, AL1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £240,000. 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 £240,285 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £234,800 per sale.