AL7 1LT is a residential postcode situated on Watchmead, Welwyn Garden City, AL7 with 7 addresses.
It ranks as the 117th largest and 685th most expensive of the 784 postcodes in the AL7 area.
The postcode contains a total of 7 properties: 7 houses.
AL7 1LT is a residential postcode situated on Watchmead, Welwyn Garden City, AL7 with 7 addresses.
It ranks as the 117th largest and 685th most expensive of the 784 postcodes in the AL7 area.
The postcode contains a total of 7 properties: 7 houses.
Sale prices range from £388,052 for 3 bedroom freehold houses with a garden (764 ft2) to £480,003 for 4 bedroom leasehold houses with a garden (1,206 ft2) .
Monthly rental prices range from £1,713 pcm for 3 bed houses to £1,955 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 5.3%.
The average value per square foot is £398.
The last sale in AL7 1LT sold for £3,215,000 on 23rd June 2017. Since then prices are down an average of 0.0%.
The current average value in the postcode is £466,868.
The AL7 1LT Sales Market has increased by 15.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2% | £466,868 |
| April 2025 | -1.4% | £476,260 |
| April 2024 | -3.2% | £483,071 |
| April 2023 | 5.5% | £499,230 |
| April 2022 | 6.4% | £473,356 |
| April 2021 | 4.7% | £444,716 |
| April 2020 | 3.4% | £424,780 |
| April 2019 | -3.9% | £410,715 |
| April 2018 | -0.1% | £427,318 |
| April 2017 | 5.4% | £427,609 |
| April 2016 | 14.4% | £405,725 |
| April 2015 | 13.6% | £354,724 |
| April 2014 | 12% | £312,343 |
| April 2013 | 7.2% | £278,770 |
| April 2012 | 1.7% | £260,145 |
| April 2011 | 1% | £255,911 |
| April 2010 | 10.7% | £253,288 |
| April 2009 | -14.2% | £228,728 |
| April 2008 | 2.7% | £266,714 |
| April 2007 | 0% | £259,726 |
The current average rental value in the postcode is £1,921.
The AL7 1LT Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,921pcm |
| April 2025 | 5% | £1,858pcm |
| April 2024 | 7.3% | £1,769pcm |
| April 2023 | 9.6% | £1,649pcm |
| April 2022 | 8.8% | £1,504pcm |
| April 2021 | 5.6% | £1,383pcm |
| April 2020 | 1.1% | £1,310pcm |
| April 2019 | 2.3% | £1,296pcm |
| April 2018 | 0.8% | £1,267pcm |
| April 2017 | -0.2% | £1,257pcm |
| April 2016 | 5.2% | £1,259pcm |
| April 2015 | 5.1% | £1,197pcm |
| April 2014 | 5.4% | £1,138pcm |
| April 2013 | 4.3% | £1,080pcm |
| April 2012 | 4.5% | £1,036pcm |
| April 2011 | 2.1% | £991pcm |
| April 2010 | 5.8% | £971pcm |
| April 2009 | -6.5% | £917pcm |
| April 2008 | 6.6% | £981pcm |
| April 2007 | 0% | £921pcm |
The last sale was on 23rd June 2017 for £3,215,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
AL7 1LT has seen no sales in the last three years and no sales in the last twelve months.
AL7 1LT is the 117th largest and the 685th most expensive postcode out of the 784 postcodes in the AL7 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around AL7 1LT, 38.1% of property is privately owned outright and 27.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around AL7 1LT, 18.8% of residents are recorded as possessing school level qualifications and 34.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around AL7 1LT, the average age was 40.1 and the most common age was 37.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around AL7 1LT, 1.4% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around AL7 1LT, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.