AL8 7NX is a residential postcode situated on Monks Rise, Welwyn Garden City, AL8 with 13 addresses.
It ranks as the 192nd largest and 307th most expensive of the 385 postcodes in the AL8 area.
The postcode contains a total of 13 properties: 9 houses and 4 flats.
AL8 7NX is a residential postcode situated on Monks Rise, Welwyn Garden City, AL8 with 13 addresses.
It ranks as the 192nd largest and 307th most expensive of the 385 postcodes in the AL8 area.
The postcode contains a total of 13 properties: 9 houses and 4 flats.
Sale prices range from £423,318 for 3 bedroom Leasehold flats (1,407 ft2) to £1,122,393 for 5 bedroom freehold houses with a garden (3,648 ft2) .
Monthly rental prices range from £1,924 pcm for 3 bed flats to £3,985 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 6.0%.
The average value per square foot is £361.
The last sale in AL8 7NX sold for £955,000 on 19th August 2022. Since then prices are down an average of 4.6%.
The current average value in the postcode is £733,317.
The AL8 7NX Sales Market has increased by 8.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £733,317 |
| May 2025 | 1.3% | £738,711 |
| May 2024 | -3.8% | £729,475 |
| May 2023 | 0.7% | £758,640 |
| May 2022 | 7% | £753,402 |
| May 2021 | 3.7% | £704,359 |
| May 2020 | 3.2% | £679,302 |
| May 2019 | -3.1% | £658,429 |
| May 2018 | -0.1% | £679,195 |
| May 2017 | 0.7% | £679,636 |
| May 2016 | 12.4% | £675,107 |
| May 2015 | 8.8% | £600,886 |
| May 2014 | 9.2% | £552,237 |
| May 2013 | 3.7% | £505,561 |
| May 2012 | 1.1% | £487,406 |
| May 2011 | 3.2% | £482,267 |
| May 2010 | 13.4% | £467,297 |
| May 2009 | -13% | £412,126 |
| May 2008 | 4.2% | £473,714 |
| May 2007 | 0% | £454,521 |
The current average rental value in the postcode is £2,780.
The AL8 7NX Rental Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £2,780pcm |
| May 2025 | 3.5% | £2,679pcm |
| May 2024 | 8.1% | £2,590pcm |
| May 2023 | 8.6% | £2,396pcm |
| May 2022 | 7.7% | £2,207pcm |
| May 2021 | 4% | £2,048pcm |
| May 2020 | 1.1% | £1,970pcm |
| May 2019 | 2.1% | £1,949pcm |
| May 2018 | 0% | £1,909pcm |
| May 2017 | -1.3% | £1,909pcm |
| May 2016 | 4% | £1,935pcm |
| May 2015 | 3.5% | £1,860pcm |
| May 2014 | 4.7% | £1,796pcm |
| May 2013 | 0.3% | £1,716pcm |
| May 2012 | 3.5% | £1,710pcm |
| May 2011 | 3.3% | £1,652pcm |
| May 2010 | 7.9% | £1,599pcm |
| May 2009 | -6.2% | £1,482pcm |
| May 2008 | 4.1% | £1,579pcm |
| May 2007 | 0% | £1,517pcm |
The last sale was on 19th August 2022 for £955,000 and since then the market in the area has decreased by 4.6%. The postcode has had a total of 25 sales since 1995.
AL8 7NX has seen no sales in the last three years and no sales in the last twelve months.
AL8 7NX is the 192nd largest and the 307th most expensive postcode out of the 385 postcodes in the AL8 area.
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The closest station to AL8 7NX is Welwyn North station which is 1.1 kilometres away.
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