Penn Way - AL7 3EE
Key Postcode Insights
AL7 3EE is a residential postcode situated on Penn Way, Welwyn Garden City, AL7 with 26 addresses.
It ranks as the 542nd largest and 646th most expensive of the 785 postcodes in the AL7 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 26 properties: 16 houses and 10 flats.
- Ave. Sale Price
- £398,485
- 10 Year change
- up 5.5%
- Ave. Rental Price
- £1,759pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
AL7 3EE is a residential postcode situated on Penn Way, Welwyn Garden City, AL7 with 26 addresses.
It ranks as the 542nd largest and 646th most expensive of the 785 postcodes in the AL7 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 26 properties: 16 houses and 10 flats.
- Ave. Sale Price
- £398,485
- 10 Year change
- up 5.5%
- Ave. Rental Price
- £1,759pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin AL7 3EE
- 1 Penn Way
4 Bed Modern House
- 3 Penn Way
4 Bed Modern House
- 5 Penn Way
4 Bed Modern House
- 7 Penn Way
4 Bed Modern House
- 9 Penn Way
4 Bed Modern House
Sales Market Trends
The last sale in AL7 3EE sold for £305,000 on 6th September 2024. Since then prices are down an average of 1.9%.
The current average value in the postcode is £398,485.
The AL7 3EE Sales Market has increased by 5.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £398,485 |
| June 2025 | -0.6% | £403,441 |
| June 2024 | -2.8% | £405,675 |
| June 2023 | 0.4% | £417,510 |
| June 2022 | 6.7% | £415,825 |
| June 2021 | 3.3% | £389,553 |
| June 2020 | 2.1% | £376,981 |
| June 2019 | -2.1% | £369,109 |
| June 2018 | -0.7% | £377,007 |
| June 2017 | 0.6% | £379,847 |
| June 2016 | 14.3% | £377,656 |
| June 2015 | 10.8% | £330,488 |
| June 2014 | 11.8% | £298,174 |
| June 2013 | 3.3% | £266,708 |
| June 2012 | 1% | £258,203 |
| June 2011 | 1.2% | £255,587 |
| June 2010 | 12.9% | £252,667 |
| June 2009 | -11.2% | £223,702 |
| June 2008 | 2.3% | £251,948 |
| June 2007 | 0% | £246,296 |
Rental Market Trends
The current average rental value in the postcode is £1,759.
The AL7 3EE Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,759pcm |
| June 2025 | 3.5% | £1,681pcm |
| June 2024 | 8.1% | £1,624pcm |
| June 2023 | 8.5% | £1,503pcm |
| June 2022 | 8.1% | £1,385pcm |
| June 2021 | 4.6% | £1,281pcm |
| June 2020 | 0.6% | £1,225pcm |
| June 2019 | 1.2% | £1,218pcm |
| June 2018 | 0.4% | £1,204pcm |
| June 2017 | -0.7% | £1,199pcm |
| June 2016 | 4.8% | £1,207pcm |
| June 2015 | 3.6% | £1,152pcm |
| June 2014 | 5.7% | £1,112pcm |
| June 2013 | 0.1% | £1,052pcm |
| June 2012 | 3.1% | £1,051pcm |
| June 2011 | 3.2% | £1,020pcm |
| June 2010 | 7.3% | £988pcm |
| June 2009 | -5.4% | £921pcm |
| June 2008 | 3.6% | £974pcm |
| June 2007 | 0% | £940pcm |
Sales History
The last sale was on 6th September 2024 for £305,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 38 sales since 1995.
AL7 3EE has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2024£305,000 | 2 Bed Flat45, Penn Way, Welwyn Garden City, AL7 3EE45, Penn Way, Welwyn Garden City, AL7 3EE
- Sold Oct 2023£470,000 | 4 Bed House19, Penn Way, Welwyn Garden City, AL7 3EE19, Penn Way, Welwyn Garden City, AL7 3EE
- Sold Aug 2023£475,000 | 4 Bed House13, Penn Way, Welwyn Garden City, AL7 3EE13, Penn Way, Welwyn Garden City, AL7 3EE
- Sold Apr 2023£330,000 | 2 Bed Flat49, Penn Way, Welwyn Garden City, AL7 3EE49, Penn Way, Welwyn Garden City, AL7 3EE
- Sold Sep 2021£450,000 | 4 Bed House7, Penn Way, Welwyn Garden City, AL7 3EE7, Penn Way, Welwyn Garden City, AL7 3EE
Nearby Postcodes
AL7 3EE is the 542nd largest and the 646th most expensive postcode out of the 785 postcodes in the AL7 area.
- AL7 3TT, Broadwater Crescent, Welwyn Garden City, AL7AL7 3TT45 Addresses|46 m away
- AL7 3EF, Penn Way, Welwyn Garden City, AL7AL7 3EF51 Addresses|81 m away
- AL7 3BZ, Broadwater Road, Welwyn Garden City, AL7AL7 3BZ36 Addresses|84 m away
- AL7 3EG, Broadwater Road, Welwyn Garden City, AL7AL7 3EG4 Addresses|122 m away
- AL7 3SR, Edgars Court, Welwyn Garden City, AL7AL7 3SR21 Addresses|124 m away
Property Types
- 16 modern houses built after 1980
- 10 modern flats built after 1980
- modern house (16)
- modern flat (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (15)
- F (0)
- C (11)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jan 2025£485,000 | 4 Bed House98, Penn Way, Welwyn Garden City, AL7 3EF98, Penn Way, Welwyn Garden City, AL7 3EF
- Sold Sep 2022£480,000 | 4 Bed House72, Penn Way, Welwyn Garden City, AL7 3EF72, Penn Way, Welwyn Garden City, AL7 3EF
- Sold Aug 2023£475,000 | 4 Bed House13, Penn Way, Welwyn Garden City, AL7 3EE13, Penn Way, Welwyn Garden City, AL7 3EE
Schools Nearby
- Peartree Primary School300 m away
- Holwell Primary School600 m away
- Our Lady Catholic Primary School700 m away
- Stanborough School1.4 km away
- Ridgeway Academy1.7 km away
- Monk's Walk School2.6 km away
More reading links
Public Transport Nearby
The closest station to AL7 3EE is Welwyn Garden City station, which is 400 metres away.
- Welwyn Garden City|400 m away
- Welwyn North|3.0 km away
- Hatfield (Herts)|3.8 km away
- Welham Green|6.8 km away
