AL8 7LG is a residential postcode situated on The Glade, Welwyn Garden City, AL8 with 8 addresses.
It ranks as the 111th largest and 362nd most expensive of the 385 postcodes in the AL8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 6 houses and 2 flats.
AL8 7LG is a residential postcode situated on The Glade, Welwyn Garden City, AL8 with 8 addresses.
It ranks as the 111th largest and 362nd most expensive of the 385 postcodes in the AL8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 6 houses and 2 flats.
Sale prices range from £381,122 for 3 bedroom leasehold flats (1,093 ft2) to £1,187,132 for 5 bedroom freehold houses with a garden (2,109 ft2) .
Monthly rental prices range from £1,817 pcm for 3 bed flats to £3,402 pcm for 5 bed houses.
The gross rental yield is between 3.3% and 5.7%.
The average value per square foot is £584.
The last sale in AL8 7LG sold for £310,000 on 4th July 2013. Since then prices are up an average of 46.4%.
The current average value in the postcode is £899,523.
The AL8 7LG Sales Market has increased by 9.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.6% | £899,523 |
| May 2025 | 1.2% | £905,325 |
| May 2024 | -4.1% | £894,956 |
| May 2023 | 0.9% | £933,295 |
| May 2022 | 8% | £924,600 |
| May 2021 | 3.4% | £856,364 |
| May 2020 | 3.5% | £828,424 |
| May 2019 | -2.9% | £800,117 |
| May 2018 | 0.6% | £824,309 |
| May 2017 | 0% | £819,502 |
| May 2016 | 12.5% | £819,605 |
| May 2015 | 10.5% | £728,682 |
| May 2014 | 8% | £659,469 |
| May 2013 | 3.7% | £610,510 |
| May 2012 | 1% | £588,718 |
| May 2011 | 2.9% | £583,099 |
| May 2010 | 15.1% | £566,898 |
| May 2009 | -11.9% | £492,649 |
| May 2008 | 6% | £559,448 |
| May 2007 | 0% | £527,674 |
The current average rental value in the postcode is £2,764.
The AL8 7LG Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £2,764pcm |
| May 2025 | 4% | £2,663pcm |
| May 2024 | 8.1% | £2,562pcm |
| May 2023 | 8.6% | £2,369pcm |
| May 2022 | 8.8% | £2,181pcm |
| May 2021 | 4.4% | £2,005pcm |
| May 2020 | 1.3% | £1,921pcm |
| May 2019 | 2.5% | £1,896pcm |
| May 2018 | 0.3% | £1,851pcm |
| May 2017 | -1.5% | £1,845pcm |
| May 2016 | 3.9% | £1,874pcm |
| May 2015 | 3.2% | £1,804pcm |
| May 2014 | 4.4% | £1,747pcm |
| May 2013 | 0.5% | £1,674pcm |
| May 2012 | 3.6% | £1,666pcm |
| May 2011 | 3.7% | £1,608pcm |
| May 2010 | 9.2% | £1,551pcm |
| May 2009 | -5.8% | £1,421pcm |
| May 2008 | 4.3% | £1,508pcm |
| May 2007 | 0% | £1,446pcm |
The last sale was on 4th July 2013 for £310,000 and since then the market in the area has increased by 46.4%. The postcode has had a total of 4 sales since 1995.
AL8 7LG has seen no sales in the last three years and no sales in the last twelve months.
AL8 7LG is the 111th largest and the 362nd 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 7LG, 61.7% of property is privately owned outright and 34.2% 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 7LG, 18.6% of residents are recorded as possessing school level qualifications and 63.6% 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 7LG, 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 7LG, 6.1% 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 7LG, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.