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Welwyn Garden City House Prices Welwyn Garden City House Prices

The average house price in Welwyn Garden City is £418,175 using HM Land Registry data.

The average property price increased by £91,259 (23.86%) over the last 5 years and increased by £18,239 (4%) over the last 12 months.

Over the last year, there were 412 residential property sales – a decrease of 308 transactions (-74.76%) relative to the previous year. The majority of house sales (97) were in the £322,000 - £424,000 range. Then came properties in the £424,000 - £526,000 range, where 82 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,167 (-2%).

In April 2024, there were 93 new estate agency instructions, 46 agreed home sales and 65 property price reductions.

Neighbouring Areas: Welwyn

Postcodes Covered: AL6, AL7, AL8

5-Year Average Property Prices in Welwyn Garden City

23.86%

Property prices in Welwyn Garden City increased by 23.86% 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 Welwyn Garden City Over the Last Year

4%

Property prices in Welwyn Garden City increased by 4% 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 Welwyn Garden City - April 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 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 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 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 Welwyn Garden City since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Welwyn Garden City area since 1995.

Recent Property Sales in Welwyn Garden City

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Broadfield Place, Welwyn Garden City, Hertfordshire, AL8 6LJ£625,000£610,000-£15,00003 Oct 202313 Mar 2024162 Days
48 Corners, Welwyn Garden City, Hertfordshire, AL7 1RW£350,000£350,000£0018 Sep 202313 Mar 2024177 Days
15 Downfields, Welwyn Garden City, Hertfordshire, AL8 6XR£450,000£450,000£0011 Jul 202306 Mar 2024239 Days
14 Picketts, Welwyn Garden City, Hertfordshire, AL8 7HJ£435,000£425,000-£10,00031 Oct 202301 Mar 2024122 Days
35 Archers Ride, Welwyn Garden City, Hertfordshire, AL7 4PR£400,000£395,000-£5,00022 Jun 202301 Mar 2024253 Days
89 Forresters Drive, Welwyn Garden City, Hertfordshire, AL7 2JA£350,000£350,000£0030 Oct 202329 Feb 2024122 Days
97 Merrifield Court, Welwyn Garden City, Hertfordshire, AL7 4SH£215,000£215,000£0001 Sep 202328 Feb 2024180 Days
54 Guessens Road, Welwyn Garden City, Hertfordshire, AL8 6RH£469,000£456,000-£13,00027 Oct 202326 Feb 2024122 Days
15 Marley Road, Welwyn Garden City, Hertfordshire, AL7 4BT£575,000£551,334-£23,66629 Jun 202313 Feb 2024229 Days
9 Monks Rise, Welwyn Garden City, Hertfordshire, AL8 7NF£525,000£510,000-£15,00004 Sep 202309 Feb 2024158 Days
26 Byfield, Welwyn Garden City, Hertfordshire, AL8 7AL£390,000£385,000-£5,00025 Oct 202309 Feb 2024107 Days
56 Woodhall Court, Welwyn Garden City, Hertfordshire, AL7 3TD£400,000£397,500-£2,50023 Aug 202309 Feb 2024170 Days
1 Archfield, Welwyn Garden City, Hertfordshire, AL7 1UH£325,000£320,000-£5,00028 Apr 201708 Feb 20242477 Days
65 Hertford Road, Welwyn, Hertfordshire, AL6 0BU£495,000£480,000-£15,00018 Jul 202307 Feb 2024204 Days
12 Purdom Road, Welwyn Garden City, Hertfordshire, AL7 4FH£475,000£438,000-£37,00009 Sep 202302 Feb 2024146 Days
86 Wheatley Road, Welwyn Garden City, Hertfordshire, AL7 3LE£375,000£375,000£0001 Sep 202329 Jan 2024150 Days
11 Wellcroft Close, Welwyn Garden City, Hertfordshire, AL7 3JZ£425,000£420,000-£5,00026 Sep 202326 Jan 2024122 Days
14 Wilkins Grove, Welwyn Garden City, Hertfordshire, AL8 6JS£550,000£540,000-£10,00029 Sep 202325 Jan 2024118 Days
38 Lowerfield, Welwyn Garden City, Hertfordshire, AL7 3JT£415,000£410,000-£5,00016 Aug 202318 Jan 2024155 Days
16 Gooseacre, Welwyn Garden City, Hertfordshire, AL7 4NB£600,000£600,000£0027 Sep 202315 Jan 2024110 Days

Most Expensive Streets in Welwyn Garden City

PostcodeStreetAreaAverageNo. of Sales
AL6 0ATHarmer Green LaneWelwyn£1,487,0003
AL6 0AGNew RoadWelwyn£1,373,9583
AL8 7JWSherrardspark RoadWelwyn Garden City£1,137,6663
AL8 7LAReddingsWelwyn Garden City£1,108,3946
AL8 6LEElmwoodWelwyn Garden City£1,035,3005
AL8 7JZRoundwood DriveWelwyn Garden City£972,1663
AL8 6LDElmwoodWelwyn Garden City£972,0836
AL8 6JUBarleycroft RoadWelwyn Garden City£926,6663
AL8 7RZConeydaleWelwyn Garden City£908,0003
AL6 0AHNew RoadWelwyn£902,98710

Least Expensive Streets in Welwyn Garden City

PostcodeStreetAreaAverageNo. of Sales
AL7 1GRWoolworth HouseBessemer Road£126,2507
AL7 4JLHollybush HouseHollybush Lane£154,6663
AL7 1GJDakota HouseBessemer Road£156,26513
AL7 2PQAndrewsfieldWelwyn Garden City£157,0628
AL7 3PUWoodhall HouseCole Green Lane£163,0005
AL7 1GHWaldorf HouseBessemer Road£175,6568
AL7 3PXWoodhall HouseCole Green Lane£176,0003
AL7 2HQRussett HouseRussettwood£181,8624
AL7 2RHRoseacre GardensWelwyn Garden City£187,79214
AL7 1GTHudson HouseBessemer Road£189,4163

Explore Welwyn Garden City and Neighbouring Area House Prices

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