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House Prices in AL8

The average house price in AL8 (Welwyn Garden City) is £402,750 using HM Land Registry data.

The average property price increased by £157,944 (23.18%) over the last 5 years and increased by £31,575 (3.57%) over the last 12 months.

Over the last year, there were 108 residential property sales – a decrease of 87 transactions (-80.56%) relative to the previous year. The majority of house sales (25) were in the £408,000 - £536,000 range. Then came properties in the £536,000 - £664,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,119 (-2%).

In June 2024, there were 23 new estate agency instructions, 17 agreed home sales and 22 property price reductions.

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

23.18%

Property prices in 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 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.

Property Market Heat Gauge for AL8 (Welwyn Garden City) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Fern Grove, Welwyn Garden City, Hertfordshire, AL8 7ND	£950,000	£949,506	-£494	23 Nov 2023	07 May 2024	166 Days
11 Attimore Close, Welwyn Garden City, Hertfordshire, AL8 6LN	£475,000	£475,000	£00	29 Jan 2024	18 Apr 2024	80 Days
18 Cherry Croft, Welwyn Garden City, Hertfordshire, AL8 7QU	£500,000	£475,000	-£25,000	15 Sep 2023	12 Apr 2024	210 Days
14 Broadfield Place, Welwyn Garden City, Hertfordshire, AL8 6LJ	£625,000	£610,000	-£15,000	03 Oct 2023	13 Mar 2024	162 Days
15 Downfields, Welwyn Garden City, Hertfordshire, AL8 6XR	£450,000	£450,000	£00	11 Jul 2023	06 Mar 2024	239 Days
14 Picketts, Welwyn Garden City, Hertfordshire, AL8 7HJ	£435,000	£425,000	-£10,000	31 Oct 2023	01 Mar 2024	122 Days
54 Guessens Road, Welwyn Garden City, Hertfordshire, AL8 6RH	£469,000	£456,000	-£13,000	27 Oct 2023	26 Feb 2024	122 Days
9 Monks Rise, Welwyn Garden City, Hertfordshire, AL8 7NF	£525,000	£510,000	-£15,000	04 Sep 2023	09 Feb 2024	158 Days
26 Byfield, Welwyn Garden City, Hertfordshire, AL8 7AL	£390,000	£385,000	-£5,000	25 Oct 2023	09 Feb 2024	107 Days
14 Wilkins Grove, Welwyn Garden City, Hertfordshire, AL8 6JS	£550,000	£540,000	-£10,000	29 Sep 2023	25 Jan 2024	118 Days
202 Handside Lane, Welwyn Garden City, Hertfordshire, AL8 6TD	£400,000	£375,000	-£25,000	25 Apr 2023	12 Jan 2024	262 Days
8 Stacklands, Welwyn Garden City, Hertfordshire, AL8 6XW	£550,000	£545,000	-£5,000	26 Jul 2023	09 Jan 2024	167 Days
53 Lemsford Lane, Welwyn Garden City, Hertfordshire, AL8 6YN	£400,000	£395,000	-£5,000	30 Jun 2023	15 Dec 2023	168 Days
13 Crossway, Welwyn Garden City, Hertfordshire, AL8 7ED	£680,000	£680,000	£00	18 Sep 2023	14 Dec 2023	87 Days
63 Attimore Road, Welwyn Garden City, Hertfordshire, AL8 6LG	£1,150,000	£1,080,000	-£70,000	26 Sep 2023	29 Nov 2023	64 Days
38 Fordwich Road, Welwyn Garden City, Hertfordshire, AL8 6EY	£615,000	£593,000	-£22,000	01 Jul 2023	20 Nov 2023	142 Days
8 Vine Close, Welwyn Garden City, Hertfordshire, AL8 7PS	£600,000	£580,000	-£20,000	18 Apr 2023	17 Nov 2023	213 Days
80 Harwood Hill, Welwyn Garden City, Hertfordshire, AL8 7AN	£360,000	£345,000	-£15,000	30 Jun 2023	10 Nov 2023	133 Days
4 Hobbs Way, Welwyn Garden City, Hertfordshire, AL8 6HX	£650,000	£640,000	-£10,000	20 May 2023	09 Nov 2023	173 Days
25 Parkfields, Welwyn Garden City, Hertfordshire, AL8 6EE	£850,000	£810,000	-£40,000	19 Jul 2023	03 Nov 2023	107 Days

Most Expensive Streets in AL8 (Welwyn Garden City)

Postcode	Street	Area	Average	No. of Sales
AL8 7JW	Sherrardspark Road	Welwyn Garden City	£1,137,666	3
AL8 7LA	Reddings	Welwyn Garden City	£1,080,338	7
AL8 6LE	Elmwood	Welwyn Garden City	£1,035,300	5
AL8 7JZ	Roundwood Drive	Welwyn Garden City	£972,166	3
AL8 6LD	Elmwood	Welwyn Garden City	£972,083	6
AL8 6JU	Barleycroft Road	Welwyn Garden City	£948,750	4
AL8 7DQ	The Valley Green	Welwyn Garden City	£900,000	4
AL8 6LG	Attimore Road	Welwyn Garden City	£885,000	3
AL8 7ND	Fern Grove	Welwyn Garden City	£874,252	3
AL8 6JY	Barleycroft Green	Welwyn Garden City	£847,866	3

Least Expensive Streets in AL8 (Welwyn Garden City)

Postcode	Street	Area	Average	No. of Sales
AL8 6DX	The Cloisters	Welwyn Garden City	£199,050	4
AL8 6TN	Barnside Court	Welwyn Garden City	£206,400	5
AL8 6RB	Guessens Court	Welwyn Garden City	£210,224	8
AL8 6XH	Stanborough Green	Welwyn Garden City	£215,875	4
AL8 7AE	Haymeads	Welwyn Garden City	£228,930	5
AL8 7RL	Maidensfield	Welwyn Garden City	£229,000	8
AL8 7EG	Monkswood	Welwyn Garden City	£237,249	3
AL8 6PD	Stonehills	Welwyn Garden City	£237,500	4
AL8 6TL	Barnside Court	Welwyn Garden City	£245,166	15
AL8 7EA	The Firs	Welwyn Garden City	£248,333	3