Homestead Lane - AL7 4LU
Key Postcode Insights
AL7 4LU is a residential postcode situated on Homestead Lane, Welwyn Garden City, AL7 with 14 addresses.
It ranks as the 319th largest and 734th 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 14 properties: 14 houses.
- Ave. Sale Price
- £566,233
- 10 Year change
- up 13.1%
- Ave. Rental Price
- £1,924pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £492/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
AL7 4LU is a residential postcode situated on Homestead Lane, Welwyn Garden City, AL7 with 14 addresses.
It ranks as the 319th largest and 734th 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 14 properties: 14 houses.
- Ave. Sale Price
- £566,233
- 10 Year change
- up 13.1%
- Ave. Rental Price
- £1,924pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £492/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Explore Propertiesin AL7 4LU
- 2 Homestead Lane
3 Bed Mid-century House
- 4 Homestead Lane
Unknown
- 6 Homestead Lane
4 Bed Early-century House
- 8 Homestead Lane
Unknown
- 10 Homestead Lane
3 Bed Early-century House
Sales Market Trends
The last sale in AL7 4LU sold for £493,000 on 12th November 2024. Since then prices are down an average of 1.9%.
The current average value in the postcode is £566,233.
The AL7 4LU Sales Market has increased by 13.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £566,233 |
| June 2025 | -1.5% | £575,170 |
| June 2024 | -2.6% | £583,809 |
| June 2023 | 2.8% | £599,089 |
| June 2022 | 6.6% | £582,791 |
| June 2021 | 5.9% | £546,963 |
| June 2020 | 3.1% | £516,456 |
| June 2019 | -1.1% | £501,126 |
| June 2018 | -1.5% | £506,557 |
| June 2017 | 2.7% | £514,038 |
| June 2016 | 14.4% | £500,484 |
| June 2015 | 11.7% | £437,350 |
| June 2014 | 14.1% | £391,617 |
| June 2013 | 3.9% | £343,222 |
| June 2012 | 0.9% | £330,323 |
| June 2011 | 1.6% | £327,432 |
| June 2010 | 14.9% | £322,158 |
| June 2009 | -10.1% | £280,324 |
| June 2008 | -2.7% | £311,764 |
| June 2007 | 0% | £320,346 |
Rental Market Trends
The current average rental value in the postcode is £1,924.
The AL7 4LU Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,924pcm |
| June 2025 | 4.6% | £1,844pcm |
| June 2024 | 7.7% | £1,764pcm |
| June 2023 | 8.7% | £1,638pcm |
| June 2022 | 10% | £1,506pcm |
| June 2021 | 6.7% | £1,370pcm |
| June 2020 | 1.1% | £1,284pcm |
| June 2019 | 2.2% | £1,269pcm |
| June 2018 | 1.4% | £1,243pcm |
| June 2017 | -0.6% | £1,226pcm |
| June 2016 | 4.3% | £1,234pcm |
| June 2015 | 2.8% | £1,183pcm |
| June 2014 | 5.5% | £1,151pcm |
| June 2013 | 0.1% | £1,092pcm |
| June 2012 | 3.9% | £1,090pcm |
| June 2011 | 4.3% | £1,050pcm |
| June 2010 | 9.7% | £1,007pcm |
| June 2009 | -4.3% | £917pcm |
| June 2008 | 3.9% | £958pcm |
| June 2007 | 0% | £922pcm |
Sales History
The last sale was on 12th November 2024 for £493,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 16 sales since 1995.
AL7 4LU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£493,000 | 3 Bed House2, Homestead Lane, Welwyn Garden City, AL7 4LU2, Homestead Lane, Welwyn Garden City, AL7 4LU
- Sold Oct 2023£638,000 | 4 Bed House20, Homestead Lane, Welwyn Garden City, AL7 4LU20, Homestead Lane, Welwyn Garden City, AL7 4LU
- Sold Jan 2019£422,500 | 3 Bed House10, Homestead Lane, Welwyn Garden City, AL7 4LU10, Homestead Lane, Welwyn Garden City, AL7 4LU
- Sold Sep 2013£310,000 | 3 Bed House2, Homestead Lane, Welwyn Garden City, AL7 4LU2, Homestead Lane, Welwyn Garden City, AL7 4LU
- Sold Aug 2013£283,000 | 3 Bed House10, Homestead Lane, Welwyn Garden City, AL7 4LU10, Homestead Lane, Welwyn Garden City, AL7 4LU
Nearby Postcodes
AL7 4LU is the 319th largest and the 734th most expensive postcode out of the 785 postcodes in the AL7 area.
- AL7 4LT, Homestead Lane, Welwyn Garden City, AL7AL7 4LT8 Addresses|54 m away
- AL7 4NE, Hyde Valley, Welwyn Garden City, AL7AL7 4NE9 Addresses|67 m away
- AL7 3JA, Cole Green Lane, Welwyn Garden City, AL7AL7 3JA4 Addresses|69 m away
- AL7 3PD, Cole Green Lane, Welwyn Garden City, AL7AL7 3PD33 Addresses|114 m away
- AL7 3JD, Cole Green Lane, Welwyn Garden City, AL7AL7 3JD16 Addresses|128 m away
Property Types
- 2 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- modern house (2)
- mid-century house (2)
- house (1)
- early-century house (5)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (5)
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 School700 m away
- Ridgeway Academy1.5 km away
- Stanborough School2.0 km away
- Monk's Walk School3.6 km away
More reading links
Public Transport Nearby
The closest station to AL7 4LU is Welwyn Garden City station, which is 1.5 kilometres away.
- Welwyn Garden City|1.5 km away
- Hatfield (Herts)|3.4 km away
- Welwyn North|3.7 km away
- Welham Green|6.2 km away
