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House Prices in AL2 House Prices in AL2 (St Albans)

The average house price in AL2 (St Albans) is £486,733 using HM Land Registry data.

The average property price increased by £105,845 (7.91%) over the last 5 years and increased by £21,208 (1.36%) over the last 12 months.

Over the last year, there were 146 residential property sales – a decrease of 165 transactions (-113.01%) relative to the previous year. The majority of house sales (29) were in the £480,000 - £600,000 range. Then came properties in the £600,000 - £720,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-25,578 (-3%).

In Oct 24, there were 76 new estate agency instructions, 56 agreed home sales and 70 property price reductions.

Nearby Postcodes: AL1, AL10, AL3, AL4, AL5, AL6, AL8, AL9, EN2, EN4, EN5, EN6, EN7, HP1, HP2, HP3, HP5, LU1, LU6, SG13, SG4, WD17, WD18, WD23, WD24, WD25, WD3, WD4, WD5, WD6, WD7

5-Year Average Property Prices in AL2 (St Albans)

7.91%

Property prices in St Albans increased by 7.91% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in AL2 (St Albans) Over the Last Year

1.36%

Property prices in St Albans increased by 1.36% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for AL2 (St Albans) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in AL2 (St Albans)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in AL2 (St Albans)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in AL2 (St Albans)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the AL2 (St Albans) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the AL2 postcode area since 1995.

Recent Sales in AL2 (St Albans)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Hamilton Close, Bricket Wood, St Albans, Hertfordshire, AL2 3NA£775,000£750,000-£25,00015 Mar 202416 Aug 2024154 Days
15 Penman Close, St Albans, Hertfordshire, AL2 3DJ£800,000£800,000£0026 Oct 202329 Jul 2024277 Days
20 Richardson Close, London Colney, St Albans, Hertfordshire, AL2 1QR£625,000£595,000-£30,00002 Jan 202403 Jun 2024153 Days
44 Coombes Road, London Colney, St Albans, Hertfordshire, AL2 1ND£550,000£535,000-£15,00015 Feb 202423 May 202498 Days
Flat 2, Hyde Court, Beningfield Drive, Napsbury Park, St Albans, Hertfordshire, AL2 1GB£550,000£540,000-£10,00023 Nov 202307 May 2024166 Days
60 Caledon Road, London Colney, St Albans, Hertfordshire, AL2 1PR£450,000£420,000-£30,00007 Sep 202303 May 2024239 Days
21 Laburnum Grove, St Albans, Hertfordshire, AL2 3HQ£1,175,000£1,150,000-£25,00026 Jan 202403 May 202498 Days
86 Oakwood Road, Bricket Wood, St Albans, Hertfordshire, AL2 3QA£1,395,000£1,350,000-£45,00003 Jan 202403 May 2024121 Days
3 Alder Close, Park Street, St Albans, Hertfordshire, AL2 2RR£450,000£430,000-£20,00024 Oct 202315 Apr 2024174 Days
33 Suffolk Close, London Colney, St Albans, Hertfordshire, AL2 1DZ£665,000£647,500-£17,50015 Sep 202310 Apr 2024208 Days
4 Colnbrook Close, London Colney, St Albans, Hertfordshire, AL2 1BS£385,000£375,000-£10,00018 Jan 202405 Apr 202478 Days
64 Wyedale, London Colney, St Albans, Hertfordshire, AL2 1TH£250,000£250,000£0013 Oct 202303 Apr 2024173 Days
33 Broadlake Close, London Colney, St Albans, Hertfordshire, AL2 1NS£275,000£260,000-£15,00007 Feb 202428 Mar 202450 Days
22 Broadlake Close, London Colney, St Albans, Hertfordshire, AL2 1NS£245,000£225,000-£20,00007 Jan 202425 Mar 202478 Days
196a, Park Street Lane, Park Street, St Albans, Hertfordshire, AL2 2AQ£575,000£510,000-£65,00019 Jan 202422 Mar 202463 Days
103 Shenley Lane, London Colney, St Albans, Hertfordshire, AL2 1LN£500,000£486,050-£13,95017 Aug 202315 Mar 2024211 Days
33 Ribbledale, London Colney, St Albans, Hertfordshire, AL2 1TD£500,000£490,000-£10,00017 Sep 202311 Mar 2024176 Days
47 Park Street, St Albans, Hertfordshire, AL2 2PE£395,000£360,000-£35,00005 Sep 202308 Mar 2024185 Days
5 Willow Way, St Albans, Hertfordshire, AL2 3DQ£575,000£563,500-£11,50010 Oct 202222 Feb 2024500 Days
18 Seaton Road, London Colney, St Albans, Hertfordshire, AL2 1RL£575,000£565,000-£10,00004 Sep 202315 Feb 2024164 Days

Most Expensive Streets in AL2 (St Albans)

PostcodeStreetAreaAverageNo. of Sales
AL2 2QWMayflower Road, Park Street, St AlbansSt Albans£1,330,5005
AL2 2DSNorth Orbital RoadSt Albans£1,283,3333
AL2 2BAPark Street Lane, Park Street, St AlbansSt Albans£1,192,5006
AL2 3UHBluebird Way, Bricket WoodSt Albans£1,111,6663
AL2 3FZHanstead House, Percy DriveSt Albans£1,064,4449
AL2 3QAOakwood Road, Bricket WoodSt Albans£1,011,2504
AL2 3PZOakwood Road, Bricket WoodSt Albans£1,010,3333
AL2 3HWTippendell LaneSt Albans£958,4287
AL2 2TBHomestead CloseSt Albans£951,3754
AL2 3LDRagged Hall LaneSt Albans£950,8336

Least Expensive Streets in AL2 (St Albans)

PostcodeStreetAreaAverageNo. of Sales
AL2 1RHMeadow Close, London ColneySt Albans£192,1005
AL2 2LJAlbany MewsSt Albans£207,5003
AL2 1TAThamesdale, London ColneySt Albans£209,77211
AL2 1PZLakeside Place, London ColneySt Albans£210,7504
AL2 1ULLime Tree Court, London ColneySt Albans£219,06212
AL2 3DTLarks RidgeSt Albans£219,2995
AL2 1JZTudor Court, High Street, London ColneySt Albans£229,6663
AL2 2RQPark Place, Park Street, St AlbansSt Albans£231,6663
AL2 1TJEskdale, London ColneySt Albans£232,6188
AL2 1HQHeather Court, St Annes RoadSt Albans£238,6254

Explore AL2 (St Albans) using map

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