Welwyn Garden City

Area Guide For Welwyn Garden City

Welwyn Garden City additionally referred to provincially as "Welwyn Garden", is a town inside the Borough of Welwyn Hatfield in Hertfordshire, England. It is spotted pretty nearly 19 miles from Kings Cross. Welwyn Garden City was the second garden city in England (established 1920) and one of the first new towns. It is exceptional in being both an arrangement city and another town and epitomizes the physical, social and social arranging goals of the periods in which it was manufactured.

In 1948, Welwyn Garden City was assigned another town under the New Towns Act 1946 and the Welwyn Garden City organization gave its advantages for the Welwyn Garden City Development Corporation.

 
 

Welwyn Garden City Map

Estimated Price: £347,998
Average Asking Price: £612,816
Price change in last one year: £21,612
Average Price Paid: £263,134
Average Rent Rates: £1,859

 
 

Property Prices Breakdown in Welwyn Garden City

Average Price for property in Welwyn Garden City is around £347,998 which varies based on type of property you are interested in and ranges from £604,569 for detached house to around £399,147 for semi-detached. Similarly terraced house is around £302,254 and a flat is worth £209,643. Values have been changing and have risen £1,531 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,184 in last 6 months, £21,612 in last 1 year, £44,544 in last 2 years, £52,079 in last 3 years, £54,866 in last 4 years and £59,822 in last 5 years.

Currently average asking price of a property in Welwyn Garden City is around £612,816 based on approximately 707 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,859 per month.

Estimated property value in Welwyn Garden City is £347,998. Average asking price is £612,816 while average price paid is £277,495 which is up by £21,612 and Avg. asking rent £1,859.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 Garden City area. In last 1 year alone average price buyer paid is around £277,495 based on approximately 707 sales in Welwyn Garden City area alone. If you compare it to last 3 years sales of 1,903 properties where buyers paid around £269,832. 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 £263,134 for 2,939 and average amount paid for purchase of approx. 3,924 properties sold in last 7 years comes to about £255,849 per sale.

 
 

Properties For Sale in Welwyn Garden City

 
 

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 £170,000, £239,380 for a 2 bedroom house, £328,876 for a 3 bedroom house, £474,326 for a 4 bedroom house and £615,000 for a 5 bedroom house. For a flat similarly the prices varies from £164,982 for a single bedroom to £204,989 for a 2 bedroom Flat. To sum up the asking prices for properties in Welwyn Garden City it comes to around average £166,236 for 1 bedroom property, £222,184 for 2 bedroom, £328,876 for 3 bedroom, £474,326 for 4 bedroom and £615,000 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 £750 for 1 bedroom to £1,049 for 2 bedrooms, £1,248 for 3 bedrooms, £1,445 for 4 bedrooms and £2,249 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £753. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,002. You should be generally be expecting around average £753 rent per month for single bedroom property, £1,016 for 2 bedroom, £1,248 for 3 bedroom, £1,445 for 4 bedroom and approximately £2,249 for a 5 bedroom property in Welwyn Garden City area.

Popular Houses in Welwyn Garden City

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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