House prices in AL7 3 (Welwyn Garden City)
This article reveals price per square foot data and various charts to help you understand current housing market in 'AL7 3' (Welwyn Garden City) - statistics were last calculated on 30 August 2024.
Defining 'AL7 3'
This analysis is limited to properties whose postcode starts with "AL7 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Welwyn Garden City.
You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.
FYI, a postcode sector is the full postcode without the last two letters.
Price per square foot
Knowing the average house price in Welwyn Garden City is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:
£ per sqft = price ÷ internal areaE.g. 10, Duncan Close, Welwyn Garden City, sold for £420,000 on Jul-2024. Given the internal area of 710 square feet, the price per sqft is £591.
England & Wales have been officially metric for many decades. Convert this site to square meters.
The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £538-£557, £557-£575, £575-£594 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 153 sales in Welwyn Garden City (AL7 3) that took place in the last two years.
Distribution of £ per sqft for Welwyn Garden City
Generate a custom chart like the one above but based on your own criteria.
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 Garden City (AL7 3). Of the 153 transactions, half were sold for between £407 and £517 per square foot. The median, or 'middle', price per square foot in 'AL7 3' is £449. Notably, only 25% of properties that sold recently were valued at more than £517 sqft. 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 Garden City
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 Garden City. 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 Garden City
Comparison with neighbouring postcode sectors
The table below shows how 'AL7 3' compares to neighbouring postcode sectors.
Postcode sector | Lower quartile | Middle quartile | Upper quartile |
---|---|---|---|
AL7 2 Welwyn Garden City | £405 sqft | £454 sqft | £538 sqft |
AL7 1 Welwyn Garden City | £363 sqft | £414 sqft | £470 sqft |
AL7 3 Welwyn Garden City | £407 sqft | £449 sqft | £517 sqft |
AL7 4 Welwyn Garden City | £412 sqft | £454 sqft | £501 sqft |
Will Welwyn Garden City 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 chart below for AL7 3 (Welwyn Garden City) compared with both the wider area AL7 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.
Historic price per square foot in Welwyn Garden City,Welwyn Garden City
Download time series data as CSV (paying users only).
For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.
Most recent AL7 3 sales
Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Welwyn Garden City to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Welwyn Garden City 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.
Street level data
Street | Avg size | Avg £sqft | Recent sales |
---|---|---|---|
Otto Road, Welwyn Garden City, AL7 3E | 613 sqft | £433 | 23 |
Cole Green Lane, Welwyn Garden City, AL7 3P | 624 sqft | £386 | 17 |
Knella Road, Welwyn Garden City, AL7 3N | 828 sqft | £478 | 16 |
Duncan Close, Welwyn Garden City, AL7 3X | 581 sqft | £526 | 15 |
Penn Way, Welwyn Garden City, AL7 3E | 979 sqft | £371 | 14 |
Bushey Ley, Welwyn Garden City, AL7 3H | 947 sqft | £433 | 13 |
Sweet Briar, Welwyn Garden City, AL7 3E | 968 sqft | £398 | 12 |
Wheatley Road, Welwyn Garden City, AL7 3L | 957 sqft | £445 | 12 |
Search for your street here.
New build activity
Street | Avg size | Avg £sqft | New build sales |
---|---|---|---|
Broadwater Road, Welwyn Garden City, AL7 3F | 613 sqft | £449 | 19 |
Broadwater Road, Welwyn Garden City, AL7 3F has seen 19 new build sales in the last 4 years (average price £282,435). These new build homes typically have an internal area of 613 sqft, with an average price of £449 sqft. This £sqm average is £0 below the average for AL7 3. New builds typically command a £ per sqft premium. In the case of Broadwater Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.
Raw data
Our analysis of Welwyn Garden City 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 | sqft | £/sqft |
---|---|---|---|
10, Duncan Close, Welwyn Garden City | £420,000
Jul-2024
|
710 | 591 |
97, Sweet Briar, Welwyn Garden City | £347,500
Jun-2024
|
957 | 362 |
20, Breakmead, Welwyn Garden City | £412,500
Jun-2024
|
828 | 497 |
See the entire list of all sales in Welwyn Garden City (AL7 3) here.
About
I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.