Feb 07, 2023 by HM

# House prices in Welwyn (AL6 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Welwyn (AL6 0).

## Defining 'AL6 0'

This analysis is limited to properties whose postcode starts with "AL6 0", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

## Price per square metre

Knowing the average house price in Welwyn is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 65, Hertford Road, Welwyn, sold for £480,000 on Feb-2024. Given the internal area of 75 square metres, the price per sqm is £6,400.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,700-£6,000, £6,000-£6,300, £6,300-£6,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 131 sales in Welwyn (AL6 0) that took place in the last two years.

##### Distribution of £ per sqm for Welwyn (AL6 0)
Distribution of £ per sqm house prices in Welwyn

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Welwyn (AL6 0). Of the 131 transactions, half were sold for between £5,000 and £6,410 per square metre. The median, or 'middle', price per square metre in 'AL6 0' is £5,570. Notably, only 25% of properties that sold recently were valued at more than £6,410m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Welwyn

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Welwyn. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Welwyn

## Comparison with neighbouring postcode sectors

The table below shows how 'AL6 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
AL6 0 Welwyn £5,000m2 £5,570m2 £6,410m2
AL6 9 Welwyn £4,440m2 £5,420m2 £6,110m2

## Will Welwyn house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for AL6 0 (Welwyn). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for AL6 0 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Welwyn (AL6 0) over time
House price trends for Welwyn

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Welwyn and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Welwyn data or any other data I am given.

## Street level data

Street Avg size Avg £/m2 Recent sales
New Road, Welwyn, AL6 0A 233m2 £5,428 20
Robbery Bottom Lane, Welwyn, AL6 0U 147m2 £4,927 14
Firs Walk, Welwyn, AL6 0N 239m2 £7,064 10
Harmer Green Lane, Welwyn, AL6 0A 258m2 £5,990 10
Warren Way, Welwyn, AL6 0D 119m2 £5,820 10
Bishops Road, Welwyn, AL6 0N 194m2 £7,107 10
Burnham Green Road, Welwyn, AL6 0N 181m2 £5,491 10
The Brambles, Welwyn, AL6 0P 91m2 £5,463 10

Search for your street here.

## Raw data

Our analysis of Welwyn is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
65, Hertford Rd, Welwyn £480,000
Feb-2024
75 6,400
5, Honeymead, Welwyn £527,500
Nov-2023
90 5,861
Wheelwrights, 12, Upper Green, Welwyn £2,125,000
Nov-2023
389 5,462

#### About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.