Average Price for property in Prospect Road, St. Albans, AL1 is around £500,767 which varies based on type of property you are interested in and ranges from £1,010,893 for detached house to around £600,467 for semi-detached. Similarly terraced house is around £522,004 and a flat is worth £318,095. Values have been changing and have risen £1,014 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £889 in last 6 months, £44,541 in last 1 year, £70,505 in last 2 years, £84,235 in last 3 years, £82,335 in last 4 years and £95,150 in last 5 years.
Currently average asking price of a property in Prospect Road, St. Albans, AL1 is around £527,808 based on approximately 8 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 Prospect Road, St. Albans, AL1 is £500,767. Average asking price is £527,808 while average price paid is £392,493 which is up by £44,541 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 Prospect Road, St. Albans, AL1 area. In last 1 year alone average price buyer paid is around £392,493 based on approximately 8 sales in Prospect Road, St. Albans, AL1 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £400,608. 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 £373,113 for 38 and average amount paid for purchase of approx. 45 properties sold in last 7 years comes to about £362,551 per sale.