Homestead Lane - AL7 4LT
Key Postcode Insights
AL7 4LT is a residential postcode situated on Homestead Lane, Welwyn Garden City, AL7 with 8 addresses.
It ranks as the 169th largest and 670th most expensive of the 785 postcodes in the AL7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £486,486
- 10 Year change
- up 13.2%
- Ave. Rental Price
- £1,767pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £539/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
AL7 4LT is a residential postcode situated on Homestead Lane, Welwyn Garden City, AL7 with 8 addresses.
It ranks as the 169th largest and 670th most expensive of the 785 postcodes in the AL7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £486,486
- 10 Year change
- up 13.2%
- Ave. Rental Price
- £1,767pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £539/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin AL7 4LT
- 1 Homestead Lane
Unknown
- 3 Homestead Lane
3 Bed Early-century House
- 5 Homestead Lane
Unknown
- 7 Homestead Lane
3 Bed House
- 9 Homestead Lane
4 Bed Early-century House
Sales Market Trends
The last sale in AL7 4LT sold for £388,500 on 12th August 2015. Since then prices are up an average of 27.2%.
The current average value in the postcode is £486,486.
The AL7 4LT Sales Market has increased by 13.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £486,486 |
| June 2025 | -1.5% | £493,660 |
| June 2024 | -2.5% | £501,233 |
| June 2023 | 2.8% | £514,303 |
| June 2022 | 6.4% | £500,220 |
| June 2021 | 5.9% | £470,183 |
| June 2020 | 3.1% | £443,788 |
| June 2019 | -1.4% | £430,589 |
| June 2018 | -1.7% | £436,689 |
| June 2017 | 3.3% | £444,034 |
| June 2016 | 14.6% | £429,837 |
| June 2015 | 12.1% | £374,936 |
| June 2014 | 14.6% | £334,568 |
| June 2013 | 3.9% | £292,059 |
| June 2012 | 1% | £281,103 |
| June 2011 | 1.4% | £278,343 |
| June 2010 | 14.6% | £274,542 |
| June 2009 | -10.3% | £239,540 |
| June 2008 | -2.6% | £266,936 |
| June 2007 | 0% | £274,005 |
Rental Market Trends
The current average rental value in the postcode is £1,767.
The AL7 4LT Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,767pcm |
| June 2025 | 4.5% | £1,691pcm |
| June 2024 | 7.7% | £1,618pcm |
| June 2023 | 8.7% | £1,502pcm |
| June 2022 | 9.8% | £1,382pcm |
| June 2021 | 6.7% | £1,258pcm |
| June 2020 | 1.1% | £1,179pcm |
| June 2019 | 1.8% | £1,165pcm |
| June 2018 | 1.2% | £1,145pcm |
| June 2017 | -0.1% | £1,131pcm |
| June 2016 | 4.5% | £1,132pcm |
| June 2015 | 3.1% | £1,084pcm |
| June 2014 | 5.9% | £1,051pcm |
| June 2013 | 0.1% | £992pcm |
| June 2012 | 4% | £991pcm |
| June 2011 | 4% | £953pcm |
| June 2010 | 9.4% | £917pcm |
| June 2009 | -4.4% | £838pcm |
| June 2008 | 4.1% | £877pcm |
| June 2007 | 0% | £842pcm |
Sales History
The last sale was on 12th August 2015 for £388,500 and since then the market in the area has increased by 27.2%. The postcode has had a total of 4 sales since 1995.
AL7 4LT has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2015£388,500 | 3 Bed House15, Homestead Lane, Welwyn Garden City, AL7 4LT15, Homestead Lane, Welwyn Garden City, AL7 4LT
- Sold Aug 2013£230,000 | 3 Bed House7, Homestead Lane, Welwyn Garden City, AL7 4LT7, Homestead Lane, Welwyn Garden City, AL7 4LT
- Sold Oct 2009£135,000 | 4 Bed House9, Homestead Lane, Welwyn Garden City, AL7 4LT9, Homestead Lane, Welwyn Garden City, AL7 4LT
- Sold Jul 2005£220,000 | 3 Bed House13, Homestead Lane, Welwyn Garden City, AL7 4LT13, Homestead Lane, Welwyn Garden City, AL7 4LT
Nearby Postcodes
AL7 4LT is the 169th largest and the 670th most expensive postcode out of the 785 postcodes in the AL7 area.
- AL7 4LU, Homestead Lane, Welwyn Garden City, AL7AL7 4LU14 Addresses|54 m away
- AL7 3JD, Cole Green Lane, Welwyn Garden City, AL7AL7 3JD16 Addresses|74 m away
- AL7 3JA, Cole Green Lane, Welwyn Garden City, AL7AL7 3JA4 Addresses|81 m away
- AL7 4LY, Homestead Court, Welwyn Garden City, AL7AL7 4LY34 Addresses|91 m away
- AL7 3JF, Cole Green Lane, Welwyn Garden City, AL7AL7 3JF18 Addresses|107 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (1)
- house (1)
- early-century house (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2023£638,000 | 4 Bed House20, Homestead Lane, Welwyn Garden City, AL7 4LU20, Homestead Lane, Welwyn Garden City, AL7 4LU
- Sold Dec 2016£585,000 | 4 Bed House128, Homestead Lane, Welwyn Garden City, AL7 4NX128, Homestead Lane, Welwyn Garden City, AL7 4NX
- Sold Nov 2020£505,000 | 4 Bed House124, Homestead Lane, Welwyn Garden City, AL7 4NX124, Homestead Lane, Welwyn Garden City, AL7 4NX
Schools Nearby
- Holwell Primary School500 m away
- Swallow Dell Primary and Nursery School600 m away
- Our Lady Catholic Primary School800 m away
- Ridgeway Academy1.5 km away
- Stanborough School2.1 km away
- Monk's Walk School3.6 km away
More reading links
Public Transport Nearby
The closest station to AL7 4LT is Welwyn Garden City station, which is 1.6 kilometres away.
- Welwyn Garden City|1.6 km away
- Hatfield (Herts)|3.4 km away
- Welwyn North|3.7 km away
- Welham Green|6.2 km away
