AL7 3PU is a residential postcode situated on Cole Green Lane, Welwyn Garden City, AL7 with 55 addresses.
It ranks as the 618th largest and 12th most expensive of the 784 postcodes in the AL7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 55 properties: 31 flats and 24 other properties.
AL7 3PU is a residential postcode situated on Cole Green Lane, Welwyn Garden City, AL7 with 55 addresses.
It ranks as the 618th largest and 12th most expensive of the 784 postcodes in the AL7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 55 properties: 31 flats and 24 other properties.
Sale prices range from £112,647 for 1 bedroom leasehold flats (398 ft2) to £289,761 for 3 bedroom leasehold flats (1,205 ft2) .
Monthly rental prices range from £673 pcm for 1 bed flats to £1,524 pcm for 3 bed flats.
The gross rental yield is between 6.3% and 7.2%.
The average value per square foot is £390.
The last sale in AL7 3PU sold for £177,500 on 8th August 2024. Since then prices are down an average of 3.1%.
The current average value in the postcode is £164,429.
The AL7 3PU Sales Market has increased by 0.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1% | £164,429 |
| April 2025 | -3.8% | £166,140 |
| April 2024 | -1.3% | £172,707 |
| April 2023 | 4.7% | £174,918 |
| April 2022 | 2.1% | £167,057 |
| April 2021 | 0.3% | £163,600 |
| April 2020 | 2.9% | £163,098 |
| April 2019 | -5.2% | £158,534 |
| April 2018 | -1.6% | £167,218 |
| April 2017 | 4.3% | £170,000 |
| April 2016 | 14.8% | £162,990 |
| April 2015 | 14.7% | £141,962 |
| April 2014 | 11.6% | £123,786 |
| April 2013 | 3.5% | £110,879 |
| April 2012 | -1.6% | £107,159 |
| April 2011 | 0.4% | £108,894 |
| April 2010 | 8.6% | £108,484 |
| April 2009 | -14.5% | £99,877 |
| April 2008 | 0.7% | £116,882 |
| April 2007 | 0% | £116,059 |
The current average rental value in the postcode is £968.
The AL7 3PU Rental Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.5% | £968pcm |
| April 2025 | 3.3% | £926pcm |
| April 2024 | 9% | £897pcm |
| April 2023 | 8.3% | £822pcm |
| April 2022 | 4.7% | £759pcm |
| April 2021 | 1.2% | £725pcm |
| April 2020 | 0.6% | £717pcm |
| April 2019 | 0.8% | £712pcm |
| April 2018 | -0.4% | £706pcm |
| April 2017 | -1.7% | £709pcm |
| April 2016 | 5.3% | £722pcm |
| April 2015 | 6% | £686pcm |
| April 2014 | 4.2% | £647pcm |
| April 2013 | 0.6% | £621pcm |
| April 2012 | 1.7% | £617pcm |
| April 2011 | 1.3% | £607pcm |
| April 2010 | 3.5% | £599pcm |
| April 2009 | -6.3% | £579pcm |
| April 2008 | 5.7% | £618pcm |
| April 2007 | 0% | £585pcm |
The last sale was on 8th August 2024 for £177,500 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 39 sales since 1995.
AL7 3PU has seen 2 sales in the last three years and no sales in the last twelve months.
AL7 3PU is the 618th largest and the 12th most expensive postcode out of the 784 postcodes in the AL7 area.
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The closest station to AL7 3PU is Welwyn Garden City station which is 1.2 kilometres away.
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