Values have been changing and have risen £128 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,767 in last 6 months, £19,792 in last 1 year, £34,302 in last 2 years, £42,360 in last 3 years, £40,931 in last 4 years and £45,529 in last 5 years.
Currently average asking price of a property in The Cloisters, Welwyn Garden City, AL8 is around £763,333 based on approximately 3 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £2,450 per month.
Estimated property value in The Cloisters, Welwyn Garden City, AL8 is £251,472. Average asking price is £763,333 while average price paid is £342,500 which is up by £19,792 and Avg. asking rent £2,450.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 The Cloisters, Welwyn Garden City, AL8 area. In last 1 year alone average price buyer paid is around £342,500 based on approximately 3 sales in The Cloisters, Welwyn Garden City, AL8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £324,375. 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 £261,714 for 7 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £213,473 per sale.