AL8 7RJ is a residential postcode situated on Knightsfield, Welwyn Garden City, AL8 with 4 addresses.
It ranks as the 57th largest and 67th 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 4 properties: 4 houses.
AL8 7RJ is a residential postcode situated on Knightsfield, Welwyn Garden City, AL8 with 4 addresses.
It ranks as the 57th largest and 67th 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 4 properties: 4 houses.
Sale prices range from £333,542 for 3 bedroom freehold houses with a garden (548 ft2) to £442,700 for 3 bedroom freehold houses with a garden (925 ft2) .
Monthly rental prices range from £1,687 pcm for 3 bed houses to £2,114 pcm for 3 bed houses.
The gross rental yield is between 5.7% and 6.1%.
The average value per square foot is £558.
The last sale in AL8 7RJ sold for £450,000 on 1st June 2022. Since then prices are down an average of 1.4%.
The current average value in the postcode is £380,674.
The AL8 7RJ Sales Market has increased by 17.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.6% | £380,674 |
| May 2025 | 2.8% | £383,085 |
| May 2024 | -4% | £372,657 |
| May 2023 | 1.8% | £388,052 |
| May 2022 | 8.5% | £381,364 |
| May 2021 | 4.7% | £351,587 |
| May 2020 | 3.4% | £335,888 |
| May 2019 | -3.7% | £324,965 |
| May 2018 | 1.4% | £337,416 |
| May 2017 | 2.6% | £332,746 |
| May 2016 | 14.8% | £324,304 |
| May 2015 | 11.9% | £282,596 |
| May 2014 | 11.8% | £252,627 |
| May 2013 | 4.4% | £225,870 |
| May 2012 | 0.3% | £216,335 |
| May 2011 | 0.7% | £215,675 |
| May 2010 | 13.4% | £214,269 |
| May 2009 | -13.6% | £189,032 |
| May 2008 | 4.6% | £218,860 |
| May 2007 | 0% | £209,201 |
The current average rental value in the postcode is £1,878.
The AL8 7RJ Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.9% | £1,878pcm |
| May 2025 | 5% | £1,808pcm |
| May 2024 | 8% | £1,722pcm |
| May 2023 | 9.7% | £1,594pcm |
| May 2022 | 9.3% | £1,453pcm |
| May 2021 | 5% | £1,330pcm |
| May 2020 | 1.3% | £1,267pcm |
| May 2019 | 1.4% | £1,251pcm |
| May 2018 | 1.5% | £1,234pcm |
| May 2017 | 0.5% | £1,216pcm |
| May 2016 | 6.3% | £1,209pcm |
| May 2015 | 6.4% | £1,138pcm |
| May 2014 | 7.2% | £1,069pcm |
| May 2013 | 1% | £997pcm |
| May 2012 | 2.7% | £988pcm |
| May 2011 | 0.8% | £961pcm |
| May 2010 | 7.9% | £954pcm |
| May 2009 | -6.8% | £884pcm |
| May 2008 | 4.5% | £949pcm |
| May 2007 | 0% | £908pcm |
The last sale was on 1st June 2022 for £450,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 5 sales since 1995.
AL8 7RJ has seen no sales in the last three years and no sales in the last twelve months.
AL8 7RJ is the 57th largest and the 67th most expensive postcode out of the 385 postcodes in the AL8 area.
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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 7RJ, 36.9% of property is socially rented and 27.7% 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 7RJ, 24.2% of residents are recorded as possessing school level qualifications and 38.4% 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 7RJ, 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 7RJ, 0.0% 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 7RJ, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.