Average Price for property in The Park, St. Albans, AL1 is around £1,336,085 which varies based on type of property you are interested in and ranges from £1,340,797 for detached house to around £1,398,792 for semi-detached. Similarly flat is around £1,094,336. Values have been changing and have risen £25,572 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £35,456 in last 6 months, £88,697 in last 1 year, £112,313 in last 2 years, £124,785 in last 3 years, £163,241 in last 4 years and £225,764 in last 5 years.
Currently average asking price of a property in The Park, St. Albans, AL1 is around £502,420 based on approximately 4 properties for sale. Same is the case with rental options based on 186 properties up for rent, average asking rent is around £1,201 per month.
Estimated property value in The Park, St. Albans, AL1 is £1,336,085. Average asking price is £502,420 while average price paid is £1,331,250 which is up by £88,697 and Avg. asking rent £1,201.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 Park, St. Albans, AL1 area. In last 1 year alone average price buyer paid is around £1,331,250 based on approximately 4 sales in The Park, St. Albans, AL1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £1,200,714. 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 £1,092,384 for 13 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £1,331,250 per sale.