Welwyn

Area Guide For Welwyn

Welwyn is a town and common ward in Hertfordshire, England. The ward likewise incorporates the towns of Digswell and Oaklands. It is at times called Old Welwyn to recognize it from the more up to date settlement of Welwyn Garden City, around a mile to the south, however numerous residents[who?] article to the .recommendation of inadequacy or insignificance that has a tendency to be suggested by the moniker "Old"
Welwyn is twinned with a town in France, Champagne-sur-Oise. The association is sorted out by the Welwyn Anglo-French Twinning Association. The twinning began in 1973 as a consequence of a visit by the then dean and understudies of St Mary's School in Welwyn, who went to Champagne-sur-Oise and set up a social affiliation that has prospered from that point onward.

 
 

Welwyn Map

Estimated Price: £696,506
Average Asking Price: £1,093,690
Price change in last one year: £83,314
Average Price Paid: £533,816
Average Rent Rates: £1,707

 
 

Property Prices Breakdown in Welwyn

Average Price for property in Welwyn is around £696,506 which varies based on type of property you are interested in and ranges from £867,087 for detached house to around £487,088 for semi-detached. Similarly terraced house is around £435,026 and a flat is worth £318,122. Values have been changing and have risen £12,460 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £33,075 in last 6 months, £83,314 in last 1 year, £99,775 in last 2 years, £123,745 in last 3 years, £82,033 in last 4 years and £149,740 in last 5 years.

Currently average asking price of a property in Welwyn is around £1,093,690 based on approximately 166 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,707 per month.

Estimated property value in Welwyn is £696,506. Average asking price is £1,093,690 while average price paid is £575,570 which is up by £83,314 and Avg. asking rent £1,707.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 Welwyn area. In last 1 year alone average price buyer paid is around £575,570 based on approximately 166 sales in Welwyn area alone. If you compare it to last 3 years sales of 484 properties where buyers paid around £534,015. 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 £533,816 for 832 and average amount paid for purchase of approx. 1,064 properties sold in last 7 years comes to about £520,069 per sale.

 
 

Properties For Sale in Welwyn

 
 

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 3 bedroom is around £431,390, £947,303 for a 4 bedroom house and £1,408,794 for a 5 bedroom house. For a flat similarly the prices varies from £179,950 for a single bedroom to £249,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Welwyn it comes to around average £179,950 for 1 bedroom property, £249,950 for 2 bedroom, £431,390 for 3 bedroom, £947,303 for 4 bedroom and £1,408,794 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 £1,248 for 1 bedroom to £1,196 for 2 bedroom, £1,300 for 3 bedroom and £1,751 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £975. You should be generally be expecting around average £1,148 rent per month for single bedroom property, £1,086 for 2 bedroom, £1,300 for 3 bedroom and approximately £1,751 for 5 bedroom property in Welwyn area.

Popular Houses in Welwyn

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.

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