The Ridgeway, St. Albans, AL4

Street Guide For The Ridgeway, St. Albans, AL4

 

The Ridgeway, St. Albans, AL4 Map

Estimated Price: £480,128
Average Asking Price: £630,113
Price change in last one year: £33,863
Average Price Paid: £402,118
Average Rent Rates: £1,347

 

Property Prices Breakdown in The Ridgeway, St. Albans, AL4

Average Price for property in The Ridgeway, St. Albans, AL4 is around £480,128 which varies based on type of property you are interested in and ranges from £912,968 for detached house to around £652,601 for semi-detached. Similarly terraced house is around £287,784 and a flat is worth £238,850. Values have been changing and have risen £615 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,581 in last 6 months, £33,863 in last 1 year, £59,795 in last 2 years, £74,992 in last 3 years, £70,596 in last 4 years and £75,910 in last 5 years.

Currently average asking price of a property in The Ridgeway, St. Albans, AL4 is around £630,113 based on approximately 21 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,347 per month.

Estimated property value in The Ridgeway, St. Albans, AL4 is £480,128. Average asking price is £630,113 while average price paid is £477,433 which is up by £33,863 and Avg. asking rent £1,347.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 Ridgeway, St. Albans, AL4 area. In last 1 year alone average price buyer paid is around £477,433 based on approximately 21 sales in The Ridgeway, St. Albans, AL4 area alone. If you compare it to last 3 years sales of 50 properties where buyers paid around £429,067. 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 £402,118 for 84 and average amount paid for purchase of approx. 111 properties sold in last 7 years comes to about £393,536 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 £220,000, £361,421 for a 2 bedroom house, £530,405 for a 3 bedroom house, £642,500 for a 4 bedroom house and £1,557,900 for a 5 bedroom house. For a flat similarly the prices varies from £175,975 for a single bedroom to £401,364 for a 2 bedroom Flat. To sum up the asking prices for properties in The Ridgeway, St. Albans, AL4 it comes to around average £190,650 for 1 bedroom property, £385,831 for 2 bedroom, £530,405 for 3 bedroom, £642,500 for 4 bedroom and £1,557,900 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 £1,400 for 1 bedroom to £1,149 for 2 bedroom, £1,509 for 3 bedroom and £2,051 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £702. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £823. You should be generally be expecting around average £1,051 rent per month for single bedroom property, £1,084 for 2 bedroom, £1,509 for 3 bedroom and approximately £2,051 for 4 bedroom property in The Ridgeway, St. Albans, AL4 area.

Popular Houses in The Ridgeway, St. Albans, AL4

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 The Ridgeway, St. Albans, AL4