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AL7 (Welwyn Garden City) area guide
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Postcode District:
AL7
Postcode District Name:
Welwyn Garden City
Location:
The AL7 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Haldens, Handside, Hatfield East, Hertfordshire, Hollybush, Howlands, Panshanger, Peartree, Welwyn, Welwyn Garden City.
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History:
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Present Day:
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Amenities:
Notes:
If you have any comments about AL7 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about AL7" section.
A Mouseprice property guide for AL7 Welwyn Garden City is coming soon. In the meantime, please have a look at the raw data and statistics about AL7 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
 The size of the property market in AL7 is 13285 homes.
When compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in this postcode district has been 9%. This could well be because this is an area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).
During the last 3 months, property in this postcode district has averaged a value of £203738.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 9.5.
New transactions as a percentage of overall sales are 10.5%.
Housing stock:
The most commonly found type of housing in this area are Terraced Houses, making up 48.4% of the housing stock.
The least common type of property in this area is Detached Houses (10.2% of the total housing stock).
The property in this area caters well for retirees and young couples who do not have large families.
A high proportion of property in this area is socially rented.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is less that the national average of £187894 at £179874.
Who lives here:
There are 15064 men and 16170 women in this postcode district.
The average age in this area is 36.
Single people make up 29.8% of the population in this postcode district.
Average working hours in this area for men are 42 and for women are 32.
This area has 26.4 people per square kilometre.
The largest source of work in this area is Wholesale & Retail (19.2% of workers), followed by Construction (17.6%).
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