Average Price for property in Sopwell Lane, St. Albans, AL1 is around £479,982 which varies based on type of property you are interested in and ranges from £976,356 for detached house to around £448,922 for semi-detached. Similarly terraced house is around £467,072 and a flat is worth £223,440. Values have been changing and have risen £957 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £838 in last 6 months, £42,029 in last 1 year, £66,530 in last 2 years, £79,485 in last 3 years, £77,693 in last 4 years and £89,786 in last 5 years.
Currently average asking price of a property in Sopwell Lane, St. Albans, AL1 is around £527,808 based on approximately 3 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 Sopwell Lane, St. Albans, AL1 is £479,982. Average asking price is £527,808 while average price paid is £465,665 which is up by £42,029 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 Sopwell Lane, St. Albans, AL1 area. In last 1 year alone average price buyer paid is around £465,665 based on approximately 3 sales in Sopwell Lane, St. Albans, AL1 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £379,234. 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 £366,727 for 20 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £360,096 per sale.