Average Price for property in Russett Wood, Welwyn Garden City, AL7 is around £163,067 which varies based on type of property you are interested in and ranges from £233,706 for terraced house to around £150,110 for a flat. Values have been changing and have risen £86 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,189 in last 6 months, £13,082 in last 1 year, £22,478 in last 2 years, £28,247 in last 3 years, £27,267 in last 4 years and £30,405 in last 5 years.
Currently average asking price of a property in Russett Wood, Welwyn Garden City, AL7 is around £588,217 based on approximately 3 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 Russett Wood, Welwyn Garden City, AL7 is £163,067. Average asking price is £588,217 while average price paid is £123,316 which is up by £13,082 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 Russett Wood, Welwyn Garden City, AL7 area. In last 1 year alone average price buyer paid is around £123,316 based on approximately 3 sales in Russett Wood, Welwyn Garden City, AL7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £114,325. 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 £112,661 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £112,661 per sale.