Royal Road, St. Albans, AL1

Street Guide For Royal Road, St. Albans, AL1

 

Royal Road, St. Albans, AL1 Map

Estimated Price: £1,127,187
Average Asking Price: £1,534,159
Price change in last one year: £92,932
Average Price Paid: £876,416
Average Rent Rates: £2,606

 

Property Prices Breakdown in Royal Road, St. Albans, AL1

Average Price for property in Royal Road, St. Albans, AL1 is around £1,127,187 which varies based on type of property you are interested in and ranges from £1,148,062 for detached house to around £1,118,377 for semi-detached. Similarly flat is around £272,661. Values have been changing and have risen £4,808 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,035 in last 6 months, £92,932 in last 1 year, £194,541 in last 2 years, £218,609 in last 3 years, £236,944 in last 4 years and £243,774 in last 5 years.

Currently average asking price of a property in Royal Road, St. Albans, AL1 is around £1,534,159 based on approximately 2 properties for sale. Same is the case with rental options based on 236 properties up for rent, average asking rent is around £2,606 per month.

Estimated property value in Royal Road, St. Albans, AL1 is £1,127,187. Average asking price is £1,534,159 while average price paid is £1,137,500 which is up by £92,932 and Avg. asking rent £2,606.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 Royal Road, St. Albans, AL1 area. In last 1 year alone average price buyer paid is around £1,137,500 based on approximately 2 sales in Royal Road, St. Albans, AL1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £949,642. 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 £876,416 for 18 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £809,939 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 £145,000, £517,778 for a 2 bedroom house, £1,042,912 for a 3 bedroom house, £1,406,605 for a 4 bedroom house and £2,465,739 for a 5 bedroom house. For a flat similarly the prices varies from £279,152 for a single bedroom to £459,589 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £807,892. To sum up the asking prices for properties in Royal Road, St. Albans, AL1 it comes to around average £274,183 for 1 bedroom property, £466,572 for 2 bedroom, £939,066 for 3 bedroom, £1,406,605 for 4 bedroom and £2,465,739 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 £1,267 for 1 bedroom to £1,670 for 2 bedrooms, £1,972 for 3 bedrooms, £3,989 for 4 bedrooms and £5,917 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,324. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,695, £2,511 for 3 bedroom and £2,474 for 4 bedroom. You should be generally be expecting around average £1,319 rent per month for single bedroom property, £1,693 for 2 bedroom, £2,327 for 3 bedroom, £3,899 for 4 bedroom and approximately £5,917 for a 5 bedroom property in Royal Road, St. Albans, AL1 area.

Popular Houses in Royal Road, 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 Royal Road, St. Albans, AL1