Spicer Street, St. Albans, AL3

Street Guide For Spicer Street, St. Albans, AL3

 

Spicer Street, St. Albans, AL3 Map

Estimated Price: £675,112
Average Asking Price: £640,192
Price change in last one year: £44,801
Average Price Paid: £611,287
Average Rent Rates: £1,753

 

Property Prices Breakdown in Spicer Street, St. Albans, AL3

Average Price for property in Spicer Street, St. Albans, AL3 is around £675,112 which varies based on type of property you are interested in and ranges from £708,400 for terraced house to around £275,640 for a flat. Values have been changing and have risen £1,452 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,133 in last 6 months, £44,801 in last 1 year, £82,698 in last 2 years, £106,512 in last 3 years, £107,296 in last 4 years and £117,547 in last 5 years.

Currently average asking price of a property in Spicer Street, St. Albans, AL3 is around £640,192 based on approximately 2 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 Spicer Street, St. Albans, AL3 is £675,112. Average asking price is £640,192 while average price paid is £490,575 which is up by £44,801 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 Spicer Street, St. Albans, AL3 area. In last 1 year alone average price buyer paid is around £490,575 based on approximately 2 sales in Spicer Street, St. Albans, AL3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £490,575. 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 £611,287 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £550,858 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 £235,000, £356,719 for a 2 bedroom house, £530,393 for a 3 bedroom house, £795,455 for a 4 bedroom house and £845,000 for a 5 bedroom house. For a flat similarly the prices varies from £184,975 for a single bedroom to £343,750 for a 2 bedroom Flat. To sum up the asking prices for properties in Spicer Street, St. Albans, AL3 it comes to around average £194,980 for 1 bedroom property, £353,668 for 2 bedroom, £530,393 for 3 bedroom, £795,455 for 4 bedroom and £845,000 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 £1,161 for 1 bedroom to £1,416 for 2 bedrooms, £1,618 for 3 bedrooms, £2,075 for 4 bedrooms and £3,049 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,331. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,542. You should be generally be expecting around average £1,259 rent per month for single bedroom property, £1,462 for 2 bedroom, £1,618 for 3 bedroom, £2,074 for 4 bedroom and approximately £3,049 for a 5 bedroom property in Spicer Street, St. Albans, AL3 area.

Popular Houses in Spicer Street, St. Albans, AL3

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 Spicer Street, St. Albans, AL3