AL8 7JT is a residential postcode situated on Mandeville Rise, Welwyn Garden City, AL8 with 12 addresses.
It ranks as the 175th largest and 378th most expensive of the 385 postcodes in the AL8 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 12 houses.
AL8 7JT is a residential postcode situated on Mandeville Rise, Welwyn Garden City, AL8 with 12 addresses.
It ranks as the 175th largest and 378th most expensive of the 385 postcodes in the AL8 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 12 houses.
Sale prices range from £931,124 for 3 bedroom leasehold houses with a garden (1,001 ft2) to £1,624,448 for 5 bedroom leasehold houses with a garden (2,332 ft2) .
Monthly rental prices range from £3,101 pcm for 3 bed houses to £4,655 pcm for 5 bed houses.
The gross rental yield is between 3.3% and 4.0%.
The average value per square foot is £793.
The last sale in AL8 7JT sold for £1,340,000 on 29th November 2024. Since then prices are down an average of 0.7%.
The current average value in the postcode is £1,241,881.
The AL8 7JT Sales Market has increased by 14.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £1,241,881 |
| May 2025 | 2% | £1,251,621 |
| May 2024 | -4.2% | £1,227,619 |
| May 2023 | 1.2% | £1,281,697 |
| May 2022 | 9.2% | £1,266,666 |
| May 2021 | 4.8% | £1,160,198 |
| May 2020 | 3.6% | £1,107,390 |
| May 2019 | -3% | £1,068,477 |
| May 2018 | 1% | £1,100,991 |
| May 2017 | 0.8% | £1,089,908 |
| May 2016 | 12.7% | £1,081,126 |
| May 2015 | 10.8% | £959,138 |
| May 2014 | 8.2% | £865,882 |
| May 2013 | 3.8% | £800,459 |
| May 2012 | 1.3% | £771,059 |
| May 2011 | 3% | £761,089 |
| May 2010 | 16.5% | £738,822 |
| May 2009 | -11.4% | £634,053 |
| May 2008 | 6.6% | £715,467 |
| May 2007 | 0% | £671,061 |
The current average rental value in the postcode is £3,689.
The AL8 7JT Rental Market has increased by 54.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £3,689pcm |
| May 2025 | 4.8% | £3,561pcm |
| May 2024 | 8% | £3,399pcm |
| May 2023 | 8.9% | £3,146pcm |
| May 2022 | 10% | £2,889pcm |
| May 2021 | 5.8% | £2,626pcm |
| May 2020 | 1.4% | £2,483pcm |
| May 2019 | 2.4% | £2,449pcm |
| May 2018 | 0.7% | £2,390pcm |
| May 2017 | -0.7% | £2,373pcm |
| May 2016 | 4.1% | £2,390pcm |
| May 2015 | 3.5% | £2,296pcm |
| May 2014 | 4.5% | £2,219pcm |
| May 2013 | 0.6% | £2,122pcm |
| May 2012 | 4% | £2,110pcm |
| May 2011 | 3.8% | £2,030pcm |
| May 2010 | 10.6% | £1,955pcm |
| May 2009 | -5.2% | £1,768pcm |
| May 2008 | 4.9% | £1,865pcm |
| May 2007 | 0% | £1,779pcm |
The last sale was on 29th November 2024 for £1,340,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 13 sales since 1995.
AL8 7JT has seen 1 sale in the last three years and no sales in the last twelve months.
AL8 7JT is the 175th largest and the 378th most expensive postcode out of the 385 postcodes in the AL8 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 AL8 7JT, 66.2% of property is privately owned outright and 27.8% 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 AL8 7JT, 17.1% of residents are recorded as possessing school level qualifications and 59.5% 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 AL8 7JT, the average age was 41.4 and the most common age was 57.
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 AL8 7JT, 3.2% 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 AL8 7JT, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.