AL8 7NF is a residential postcode situated on Monks Rise, Welwyn Garden City, AL8 with 16 addresses.
It ranks as the 237th largest and 183rd most expensive of the 385 postcodes in the AL8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 houses.
AL8 7NF is a residential postcode situated on Monks Rise, Welwyn Garden City, AL8 with 16 addresses.
It ranks as the 237th largest and 183rd most expensive of the 385 postcodes in the AL8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 houses.
Sale prices range from £485,558 for 3 bedroom leasehold houses with a garden (1,022 ft2) to £780,747 for 5 bedroom freehold houses with a garden (2,247 ft2) .
Monthly rental prices range from £2,232 pcm for 3 bed houses to £3,103 pcm for 5 bed houses.
The gross rental yield is between 4.6% and 5.5%.
The average value per square foot is £456.
The last sale in AL8 7NF sold for £440,000 on 23rd April 2024. Since then prices are up an average of 1.9%.
The current average value in the postcode is £565,500.
The AL8 7NF Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.9% | £565,500 |
| May 2025 | 3.3% | £570,451 |
| May 2024 | -3.9% | £552,366 |
| May 2023 | 1% | £575,039 |
| May 2022 | 9.2% | £569,610 |
| May 2021 | 5.6% | £521,817 |
| May 2020 | 3.4% | £494,232 |
| May 2019 | -3% | £477,904 |
| May 2018 | 0.9% | £492,541 |
| May 2017 | 1.7% | £488,313 |
| May 2016 | 12.9% | £480,304 |
| May 2015 | 8.6% | £425,398 |
| May 2014 | 10.1% | £391,752 |
| May 2013 | 4.2% | £355,930 |
| May 2012 | 1.2% | £341,428 |
| May 2011 | 3.2% | £337,216 |
| May 2010 | 15.2% | £326,764 |
| May 2009 | -13% | £283,621 |
| May 2008 | 4.6% | £325,849 |
| May 2007 | 0% | £311,550 |
The current average rental value in the postcode is £2,452.
The AL8 7NF Rental Market has increased by 54.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £2,452pcm |
| May 2025 | 4.9% | £2,367pcm |
| May 2024 | 8% | £2,257pcm |
| May 2023 | 9.2% | £2,090pcm |
| May 2022 | 9.8% | £1,915pcm |
| May 2021 | 5.5% | £1,744pcm |
| May 2020 | 1.4% | £1,653pcm |
| May 2019 | 2.1% | £1,631pcm |
| May 2018 | 1% | £1,597pcm |
| May 2017 | -0.3% | £1,582pcm |
| May 2016 | 4.8% | £1,587pcm |
| May 2015 | 4.4% | £1,514pcm |
| May 2014 | 5.4% | £1,451pcm |
| May 2013 | 0.7% | £1,377pcm |
| May 2012 | 3.6% | £1,368pcm |
| May 2011 | 2.9% | £1,320pcm |
| May 2010 | 9.7% | £1,283pcm |
| May 2009 | -5.7% | £1,170pcm |
| May 2008 | 4.8% | £1,241pcm |
| May 2007 | 0% | £1,184pcm |
The last sale was on 23rd April 2024 for £440,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 16 sales since 1995.
AL8 7NF has seen 3 sales in the last three years and no sales in the last twelve months.
AL8 7NF is the 237th largest and the 183rd most expensive postcode out of the 385 postcodes in the AL8 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 7NF, 62.7% of property is privately owned outright and 32.7% 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 7NF, 19.7% of residents are recorded as possessing school level qualifications and 54.1% 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 7NF, 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 7NF, 1.5% 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 7NF, 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.