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House Prices in AL6

The average house price in AL6 (Welwyn) is £512,166 using HM Land Registry data.

The average property price increased by £218,000 (26.11%) over the last 5 years and increased by £43,581 (3.94%) over the last 12 months.

Over the last year, there were 109 residential property sales – a decrease of 41 transactions (-37.61%) relative to the previous year. The majority of house sales (32) were in the £480,000 - £664,000 range. Then came properties in the £664,000 - £848,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-58,846 (-4%).

In June 2024, there were 30 new estate agency instructions, 17 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in AL6 (Welwyn)

26.11%

Property prices in Welwyn increased by 26.11% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in AL6 (Welwyn) Over the Last Year

3.94%

Property prices in Welwyn increased by 3.94% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for AL6 (Welwyn) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in AL6 (Welwyn)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in AL6 (Welwyn)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in AL6 (Welwyn)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the AL6 (Welwyn) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the AL6 postcode area since 1995.

Recent Sales in AL6 (Welwyn)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 Pine Crest, Welwyn, Hertfordshire, AL6 0EQ	£895,000	£885,000	-£10,000	01 Nov 2023	03 May 2024	184 Days
37 Lower Green, Tewin, Welwyn, Hertfordshire, AL6 0LA	£465,000	£447,000	-£18,000	13 Dec 2023	10 Apr 2024	119 Days
30 Wilshere Road, Welwyn, Hertfordshire, AL6 9PX	£439,995	£430,000	-£9,995	15 Jan 2024	28 Mar 2024	73 Days
27 Oaklea, Welwyn, Hertfordshire, AL6 0PT	£699,995	£675,000	-£24,995	30 Mar 2023	25 Mar 2024	361 Days
51 Windsor Road, Welwyn, Hertfordshire, AL6 9JY	£380,000	£363,000	-£17,000	27 Oct 2023	08 Mar 2024	133 Days
5 Mimram Road, Welwyn, Hertfordshire, AL6 9HA	£695,000	£645,000	-£50,000	04 Oct 2023	19 Feb 2024	138 Days
1a, Station Road, Digswell, Welwyn, Hertfordshire, AL6 0DF	£650,000	£650,000	£00	03 Oct 2023	19 Feb 2024	139 Days
65 Hertford Road, Welwyn, Hertfordshire, AL6 0BU	£495,000	£480,000	-£15,000	18 Jul 2023	07 Feb 2024	204 Days
60 Carleton Rise, Welwyn, Hertfordshire, AL6 9RG	£800,000	£745,000	-£55,000	22 May 2023	31 Jan 2024	254 Days
3 Leonards Close, Welwyn, Hertfordshire, AL6 0QJ	£715,000	£700,000	-£15,000	27 Jul 2023	31 Jan 2024	188 Days
9 Mardley Wood, Welwyn, Hertfordshire, AL6 0UY	£1,000,000	£970,000	-£30,000	04 Sep 2023	06 Dec 2023	93 Days
11 Elmoor Close, Welwyn, Hertfordshire, AL6 9PF	£495,000	£490,000	-£5,000	26 Jul 2023	01 Dec 2023	128 Days
99 Codicote Road, Welwyn, Hertfordshire, AL6 9TY	£900,000	£900,000	£00	22 Jun 2023	24 Nov 2023	155 Days
5 Honeymead, Welwyn, Hertfordshire, AL6 0EG	£550,000	£527,500	-£22,500	07 Aug 2023	24 Nov 2023	109 Days
3a, Hillside Way, Welwyn, Hertfordshire, AL6 0TY	£700,000	£695,000	-£5,000	11 Apr 2023	10 Nov 2023	213 Days
14 Dolesbury Drive, Welwyn, Hertfordshire, AL6 0QF	£1,250,000	£1,240,000	-£10,000	28 Jun 2023	10 Nov 2023	135 Days
45 New Road, Welwyn, Hertfordshire, AL6 0AQ	£1,200,000	£1,150,000	-£50,000	19 Oct 2022	01 Nov 2023	378 Days
5 Dewars Close, Welwyn, Hertfordshire, AL6 9RR	£1,000,000	£995,000	-£5,000	15 Jul 2023	27 Oct 2023	104 Days
47 Harmer Green Lane, Welwyn, Hertfordshire, AL6 0AP	£4,000,000	£3,700,000	-£300,000	04 Sep 2023	27 Oct 2023	53 Days
26 Codicote Road, Welwyn, Hertfordshire, AL6 9NQ	£795,000	£700,000	-£95,000	19 Apr 2023	27 Oct 2023	191 Days

Most Expensive Streets in AL6 (Welwyn)

Postcode	Street	Area	Average	No. of Sales
AL6 0ET	Harmer Green Lane	Welwyn	£1,783,333	3
AL6 0PD	West Riding, Tewin	Welwyn	£1,770,000	3
AL6 0HL	Orchard Road, Tewin	Welwyn	£1,750,000	4
AL6 0AT	Harmer Green Lane	Welwyn	£1,487,000	3
AL6 0NY	Firs Walk, Tewin	Welwyn	£1,466,666	3
AL6 9TP	Reynards Road	Welwyn	£1,429,375	4
AL6 9SQ	Willow Walk	Welwyn	£1,421,666	3
AL6 0AG	New Road	Welwyn	£1,373,958	3
AL6 0NZ	Firs Walk, Tewin	Welwyn	£1,348,554	7
AL6 0NP	Bishops Road, Tewin	Welwyn	£1,306,875	8

Least Expensive Streets in AL6 (Welwyn)

Postcode	Street	Area	Average	No. of Sales
AL6 9LA	Kingsdale House, Windsor Road	Welwyn	£167,333	3
AL6 9FS	Times Court, Clock House Gardens	Welwyn	£191,500	3
AL6 9FE	Node Way Gardens	Welwyn	£214,165	3
AL6 9AU	St Marys Court	Welwyn	£299,000	12
AL6 9GB	Barbara Court	Welwyn	£310,666	3
AL6 9EY	Mill Lane	Welwyn	£311,666	3
AL6 9FD	Node Way Gardens	Welwyn	£331,625	10
AL6 9JH	Windsor Road	Welwyn	£360,833	3
AL6 9JP	Norman Road	Welwyn	£383,333	3
AL6 9FH	Hammond Close	Welwyn	£386,333	3