Orchard Close, St. Albans, AL1

Street Guide For Orchard Close, St. Albans, AL1

 

Orchard Close, St. Albans, AL1 Map

Estimated Price: £547,708
Average Asking Price: £527,808
Price change in last one year: £45,028
Average Price Paid: £427,875
Average Rent Rates: £2,872

 

Property Prices Breakdown in Orchard Close, St. Albans, AL1

Average Price for property in Orchard Close, St. Albans, AL1 is around £547,708 which varies based on type of property you are interested in and ranges from £541,822 for semi-detached to around £630,109 for terraced house. Values have been changing and have risen £1,025 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £899 in last 6 months, £45,028 in last 1 year, £71,277 in last 2 years, £85,156 in last 3 years, £83,237 in last 4 years and £96,192 in last 5 years.

Currently average asking price of a property in Orchard Close, 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 Orchard Close, St. Albans, AL1 is £547,708. Average asking price is £527,808 while average price paid is £427,500 which is up by £45,028 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 Orchard Close, St. Albans, AL1 area. In last 1 year alone average price buyer paid is around £427,500 based on approximately 1 sales in Orchard Close, St. Albans, AL1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £463,750. 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 £427,875 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £406,300 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 £109,983, £379,996 for a 2 bedroom house, £485,316 for a 3 bedroom house, £722,692 for a 4 bedroom house and £1,112,500 for a 5 bedroom house. For a flat similarly the prices varies from £211,250 for a single bedroom to £370,285 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,000. To sum up the asking prices for properties in Orchard Close, St. Albans, AL1 it comes to around average £187,881 for 1 bedroom property, £374,493 for 2 bedroom, £479,212 for 3 bedroom, £722,692 for 4 bedroom and £1,112,500 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 £849 for 1 bedroom to £1,211 for 2 bedrooms, £1,520 for 3 bedrooms, £2,250 for 4 bedrooms and £2,799 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £900. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,350 and £1,148 for 3 bedroom. You should be generally be expecting around average £897 rent per month for single bedroom property, £1,314 for 2 bedroom, £1,478 for 3 bedroom, £2,250 for 4 bedroom and approximately £2,799 for a 5 bedroom property in Orchard Close, St. Albans, AL1 area.

Popular Houses in Orchard Close, St. Albans, AL1

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 Orchard Close, St. Albans, AL1