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House Prices in AL8 House Prices in AL8 (Welwyn Garden City)

The average house price in AL8 (Welwyn Garden City) is £855,000 using HM Land Registry data.

The average property price increased by £112,658 (23.18%) over the last 5 years and increased by £22,567 (3.57%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 37 transactions (-31.90%) relative to the previous year. The majority of house sales (28) were in the £394,000 - £528,000 range. Then came properties in the £260,000 - £394,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 157 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,759 (-2%).

In January 2025, there were 15 new estate agency instructions, 12 agreed home sales and 12 property price reductions.

Nearby Postcodes: AL1, AL10, AL2, AL3, AL4, AL5, AL6, AL7, AL9, EN6, SG13, SG14, SG3, SG4

5-Year Average Property Prices in AL8 (Welwyn Garden City)

23.18%

Property prices in AL8 (Welwyn Garden City) increased by 23.18% 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 AL8 (Welwyn Garden City) Over the Last Year

3.57%

Property prices in AL8 (Welwyn Garden City) increased by 3.57% 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 AL8 (Welwyn Garden City) - January 2025

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 AL8 (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 AL8 (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 AL8 (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 AL8 (Welwyn Garden City) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the AL8 postcode area since 1995.

Recent Sales in AL8 (Welwyn Garden City)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
92 Springfields, Welwyn Garden City, Hertfordshire, AL8 6XL£265,000£260,000-£5,00017 Jul 202413 Dec 2024149 Days
1 Lemsford Village, Lemsford, Welwyn Garden City, Hertfordshire, AL8 7TN£649,995£640,000-£9,99520 Aug 202429 Nov 2024101 Days
3 Meadow Green, Welwyn Garden City, Hertfordshire, AL8 6SS£700,000£555,000-£145,00019 Jun 202429 Nov 2024163 Days
161 Harwood Hill, Welwyn Garden City, Hertfordshire, AL8 7AF£400,000£392,500-£7,50006 Mar 202425 Nov 2024264 Days
29 Great North Road, Welwyn Garden City, Hertfordshire, AL8 7TJ£650,000£600,000-£50,00008 Jul 202422 Nov 2024137 Days
78 Haymeads, Welwyn Garden City, Hertfordshire, AL8 7AE£250,000£243,000-£7,00005 Jun 202420 Nov 2024168 Days
4 Rooks Close, Welwyn Garden City, Hertfordshire, AL8 6JT£400,000£400,000£014 Jun 202411 Nov 2024150 Days
89 Haymeads, Welwyn Garden City, Hertfordshire, AL8 7AD£475,000£475,000£003 Jul 202408 Nov 2024128 Days
9 Ingles, Welwyn Garden City, Hertfordshire, AL8 7HE£385,000£381,000-£4,00011 Jun 202406 Nov 2024148 Days
94 Uplands, Welwyn Garden City, Hertfordshire, AL8 7EQ£535,000£530,000-£5,00011 Jun 202425 Oct 2024136 Days
52 Longcroft Gardens, Welwyn Garden City, Hertfordshire, AL8 6JR£759,500£730,000-£29,50010 Apr 202414 Oct 2024187 Days
Northwood Lodge, Digswell Place, Welwyn Garden City, Hertfordshire, AL8 7SU£1,300,000£1,300,000£011 Jun 202411 Oct 2024122 Days
258 Handside Lane, Welwyn Garden City, Hertfordshire, AL8 6TG£525,000£525,000£029 Feb 202404 Oct 2024218 Days
87 Attimore Road, Welwyn Garden City, Hertfordshire, AL8 6LG£750,000£750,000£011 Jun 202402 Oct 2024113 Days
72 Valley Road, Welwyn Garden City, Hertfordshire, AL8 7DP£950,000£940,000-£10,00021 Sep 202327 Sep 2024372 Days
332 Knightsfield, Welwyn Garden City, Hertfordshire, AL8 7NQ£800,000£770,000-£30,00012 Mar 202410 Sep 2024182 Days
6 Tilecroft, Welwyn Garden City, Hertfordshire, AL8 7QY£400,000£395,000-£5,00019 Apr 202430 Aug 2024133 Days
44 Harwood Close, Welwyn Garden City, Hertfordshire, AL8 7SN£375,000£375,000£003 Mar 202407 Aug 2024157 Days
49 Fordwich Road, Welwyn Garden City, Hertfordshire, AL8 6EY£800,000£780,000-£20,00023 Feb 202401 Aug 2024160 Days
40 Harwood Close, Welwyn Garden City, Hertfordshire, AL8 7SN£365,000£365,000£002 May 202429 Jul 202488 Days

Most Expensive Streets in AL8 (Welwyn Garden City)

PostcodeStreetAreaAverageNo. of Sales
AL8 7JWSherrardspark RoadWelwyn Garden City£1,137,6663
AL8 6JUBarleycroft RoadWelwyn Garden City£1,130,0004
AL8 6SEHandside LaneWelwyn Garden City£1,100,8333
AL8 7LAReddingsWelwyn Garden City£1,080,3387
AL8 6LEElmwoodWelwyn Garden City£1,030,7005
AL8 7JZRoundwood DriveWelwyn Garden City£993,8333
AL8 6LDElmwoodWelwyn Garden City£972,0836
AL8 7DQThe Valley GreenWelwyn Garden City£900,0004
AL8 7NDFern GroveWelwyn Garden City£874,2523
AL8 6LGAttimore RoadWelwyn Garden City£851,2504

Least Expensive Streets in AL8 (Welwyn Garden City)

PostcodeStreetAreaAverageNo. of Sales
AL8 6RBGuessens CourtWelwyn Garden City£205,17910
AL8 6DXThe CloistersWelwyn Garden City£207,0663
AL8 7RLMaidensfieldWelwyn Garden City£214,2508
AL8 6PDStonehillsWelwyn Garden City£225,2005
AL8 7AEHaymeadsWelwyn Garden City£233,4416
AL8 7EGMonkswoodWelwyn Garden City£237,2493
AL8 6TLBarnside CourtWelwyn Garden City£239,17814
AL8 7EAThe FirsWelwyn Garden City£251,3333
AL8 6TNBarnside CourtWelwyn Garden City£252,8336
AL8 6XLSpringfieldsWelwyn Garden City£264,3333

Explore AL8 (Welwyn Garden City) using map

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