Average Price for property in Silk Mill Road, Redbourn, St. Albans, AL3 is around £703,393 which varies based on type of property you are interested in and ranges from £781,006 for detached house to around £392,940 for terraced house. Values have been changing and have risen £1,515 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,573 in last 6 months, £46,744 in last 1 year, £86,282 in last 2 years, £111,129 in last 3 years, £111,946 in last 4 years and £122,640 in last 5 years.
Currently average asking price of a property in Silk Mill Road, Redbourn, St. Albans, AL3 is around £638,271 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,753 per month.
Estimated property value in Silk Mill Road, Redbourn, St. Albans, AL3 is £703,393. Average asking price is £638,271 while average price paid is £825,000 which is up by £46,744 and Avg. asking rent £1,753.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 Silk Mill Road, Redbourn, St. Albans, AL3 area. In last 1 year alone average price buyer paid is around £825,000 based on approximately 1 sales in Silk Mill Road, Redbourn, St. Albans, AL3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £650,666. 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 £543,666 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £544,944 per sale.