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House Prices in AL7 House Prices in AL7 (Welwyn Garden City)

The average house price in AL7 (Welwyn Garden City) is £413,003 using HM Land Registry data.

The average property price increased by £54,124 (9.71%) over the last 5 years and increased by £10,844 (1.65%) over the last 12 months.

Over the last year, there were 293 residential property sales – a decrease of 99 transactions (-33.79%) relative to the previous year. The majority of house sales (86) were in the £346,000 - £414,000 range. Then came properties in the £414,000 - £482,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 114 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,465 (-2%).

In Dec 24, there were 52 new estate agency instructions, 31 agreed home sales and 20 property price reductions.

Nearby Postcodes: AL10, AL4, AL6, AL8, AL9, EN6, SG12, SG13, SG14, SG2, SG3, SG4

5-Year Average Property Prices in AL7 (Welwyn Garden City)

9.71%

Property prices in Welwyn Garden City increased by 9.71% 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 AL7 (Welwyn Garden City) Over the Last Year

1.65%

Property prices in Welwyn Garden City increased by 1.65% 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.

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).

Property Market Heat Gauge for AL7 (Welwyn Garden City) - Dec 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 AL7 (Welwyn Garden City)

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 AL7 (Welwyn Garden City)

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 AL7 (Welwyn Garden City)

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 AL7 (Welwyn Garden City) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the AL7 postcode area since 1995.

Recent Sales in AL7 (Welwyn Garden City)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Wellcroft Road, Welwyn Garden City, Hertfordshire, AL7 3LB£450,000£445,000-£5,00023 Apr 202419 Nov 2024210 Days
46 Langstone Ley, Welwyn Garden City, Hertfordshire, AL7 1FQ£450,000£425,000-£25,00012 Apr 202412 Nov 2024214 Days
19 Maple Grove, Welwyn Garden City, Hertfordshire, AL7 1NQ£435,000£430,000-£5,00029 Apr 202404 Nov 2024189 Days
77 Hardings, Welwyn Garden City, Hertfordshire, AL7 2HA£600,000£590,000-£10,00026 Apr 202428 Oct 2024185 Days
5 Lumbards, Welwyn Garden City, Hertfordshire, AL7 1PH£600,000£585,000-£15,00024 May 202425 Oct 2024154 Days
80 Forresters Drive, Welwyn Garden City, Hertfordshire, AL7 2HZ£525,000£525,000£0022 Jul 202425 Oct 202495 Days
59 Sir John Newsom Way, Welwyn Garden City, Hertfordshire, AL7 4FJ£249,500£247,000-£2,50024 May 202411 Oct 2024140 Days
27 Burgundy Croft, Welwyn Garden City, Hertfordshire, AL7 3QA£425,000£425,000£0027 Mar 202419 Aug 2024145 Days
99 Ridgeway, Welwyn Garden City, Hertfordshire, AL7 2DB£550,000£535,000-£15,00003 May 202413 Aug 2024102 Days
48 Bushey Ley, Welwyn Garden City, Hertfordshire, AL7 3HW£438,000£425,000-£13,00007 Aug 202309 Aug 2024368 Days
29 Linkfield, Welwyn Garden City, Hertfordshire, AL7 4DN£390,000£390,000£0019 Feb 202408 Aug 2024171 Days
24 Salmon Close, Welwyn Garden City, Hertfordshire, AL7 1TR£350,000£350,000£0013 Apr 202429 Jul 2024107 Days
26 Four Acres, Welwyn Garden City, Hertfordshire, AL7 4NW£350,000£350,000£0017 Dec 202326 Jul 2024222 Days
23 Long Ley, Welwyn Garden City, Hertfordshire, AL7 2HE£570,000£547,000-£23,00026 Apr 202424 Jul 202489 Days
10 Duncan Close, Welwyn Garden City, Hertfordshire, AL7 3XP£425,000£420,000-£5,00026 Dec 202317 Jul 2024204 Days
12 Ramblers Way, Welwyn Garden City, Hertfordshire, AL7 2JX£465,000£457,500-£7,50012 Mar 202411 Jul 2024121 Days
11 Chalgrove, Welwyn Garden City, Hertfordshire, AL7 2QJ£560,000£560,000£0002 Oct 202305 Jul 2024277 Days
38 Forresters Drive, Welwyn Garden City, Hertfordshire, AL7 2HZ£250,000£242,500-£7,50020 Feb 202404 Jul 2024135 Days
11 Ryelands, Welwyn Garden City, Hertfordshire, AL7 4LH£425,000£415,000-£10,00009 Apr 202401 Jul 202483 Days
97 Sweet Briar, Welwyn Garden City, Hertfordshire, AL7 3EB£360,000£347,500-£12,50018 Jan 202428 Jun 2024162 Days

Most Expensive Streets in AL7 (Welwyn Garden City)

PostcodeStreetAreaAverageNo. of Sales
AL7 2PPWestcottWelwyn Garden City£791,6663
AL7 3BNThe ReedsWelwyn Garden City£728,3333
AL7 2PRWitchfordWelwyn Garden City£688,0003
AL7 2PEWytonWelwyn Garden City£683,0005
AL7 2QGMendleshamWelwyn Garden City£677,5003
AL7 4BNBeehive LaneWelwyn Garden City£669,6663
AL7 2PWChelvestonWelwyn Garden City£655,8336
AL7 2PTWaterbeachWelwyn Garden City£631,3336
AL7 4DTPrinces AvenueWelwyn Garden City£599,2504
AL7 2HLBirchall WoodWelwyn Garden City£594,1666

Least Expensive Streets in AL7 (Welwyn Garden City)

PostcodeStreetAreaAverageNo. of Sales
AL7 1GRWoolworth House, Bessemer RoadWelwyn Garden City£126,2507
AL7 1GTHudson House, Bessemer RoadWelwyn Garden City£151,5405
AL7 2PQAndrewsfieldWelwyn Garden City£155,95010
AL7 3PUWoodhall House, Cole Green LaneWelwyn Garden City£163,5005
AL7 1GJDakota House, Bessemer RoadWelwyn Garden City£173,38618
AL7 3PXWoodhall House, Cole Green LaneWelwyn Garden City£176,0003
AL7 2HQRussett House, RussettwoodWelwyn Garden City£181,8624
AL7 1FULiberty House, Bessemer RoadWelwyn Garden City£183,66627
AL7 2RHRoseacre GardensWelwyn Garden City£187,79214
AL7 1GHWaldorf House, Bessemer RoadWelwyn Garden City£194,2506

Explore AL7 (Welwyn Garden City) using map

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