Average Price for property in The Reeds, Welwyn Garden City, AL7 is around £497,373 e.g. average price for detached house is around 497,373. Values have been changing and have risen £260 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,625 in last 6 months, £39,815 in last 1 year, £68,413 in last 2 years, £85,967 in last 3 years, £82,972 in last 4 years and £92,518 in last 5 years.
Currently average asking price of a property in The Reeds, Welwyn Garden City, AL7 is around £588,217 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,600 per month.
Estimated property value in The Reeds, Welwyn Garden City, AL7 is £497,373. Average asking price is £588,217 while average price paid is £488,500 which is up by £39,815 and Avg. asking rent £1,600.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 Reeds, Welwyn Garden City, AL7 area. In last 1 year alone average price buyer paid is around £488,500 based on approximately 1 sales in The Reeds, Welwyn Garden City, AL7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £488,500. 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 £427,750 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £385,700 per sale.