House Prices in WD7 House Prices in WD7 (Radlett)

The average house price in WD7 (Radlett) is £770,000 using HM Land Registry data.

The average property price increased by £272,972 (14.41%) over the last 5 years and increased by £54,681 (2.36%) over the last 12 months.

Over the last year, there were 139 residential property sales – a decrease of 41 transactions (-29.50%) relative to the previous year. The majority of house sales (54) were in the £360,000 - £694,000 range. Then came properties in the £694,000 - £1,028,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 166 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-50,175 (-4%).

In January 2025, there were 36 new estate agency instructions, 21 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in WD7 (Radlett)

14.41%

Property prices in WD7 (Radlett) increased by 14.41% 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 WD7 (Radlett) Over the Last Year

2.36%

Property prices in WD7 (Radlett) increased by 2.36% 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 WD7 (Radlett) - January 2025

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 WD7 (Radlett)

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 WD7 (Radlett)

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 WD7 (Radlett)

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 WD7 (Radlett) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WD7 postcode area since 1995.

Recent Sales in WD7 (Radlett)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
415 Watling Street, Radlett, Hertfordshire, WD7 7JG£700,000£680,000-£20,00030 Jul 202416 Dec 2024139 Days
19 Fielders Way, Shenley, Radlett, Hertfordshire, WD7 9EY£530,000£510,000-£20,00013 Sep 202406 Dec 202484 Days
35 Station Road, Radlett, Hertfordshire, WD7 8JY£530,000£510,000-£20,00012 Jun 202428 Nov 2024169 Days
6 Radlett Park Road, Radlett, Hertfordshire, WD7 7BQ£1,200,000£1,150,000-£50,00008 May 202422 Nov 2024198 Days
144 Watling Street, Radlett, Hertfordshire, WD7 7JH£785,000£770,000-£15,00007 Jun 202415 Nov 2024161 Days
8 Theobald Street, Radlett, Hertfordshire, WD7 7LP£1,450,000£1,375,000-£75,00020 Jun 202429 Oct 2024131 Days
25 Oakridge Avenue, Radlett, Hertfordshire, WD7 8EW£1,500,000£1,250,000-£250,00030 Apr 202428 Oct 2024181 Days
34 Mulberry Gardens, Shenley, Radlett, Hertfordshire, WD7 9LB£775,000£765,000-£10,00002 Jul 202424 Oct 2024114 Days
60 London Road, Shenley, Radlett, Hertfordshire, WD7 9DY£450,000£265,000-£185,00026 Apr 202422 Oct 2024179 Days
12 Newcome Road, Shenley, Radlett, Hertfordshire, WD7 9EJ£475,000£470,000-£5,00014 Jun 202408 Oct 2024116 Days
30 Gills Hill, Radlett, Hertfordshire, WD7 8BZ£1,750,000£1,730,000-£20,00017 May 202419 Sep 2024125 Days
15 The Crosspath, Radlett, Hertfordshire, WD7 8HR£1,395,000£1,330,000-£65,00022 May 202419 Sep 2024120 Days
14 Fielders Way, Shenley, Radlett, Hertfordshire, WD7 9EY£510,000£490,000-£20,00018 Apr 202412 Sep 2024147 Days
6 Hamblings Close, Shenley, Radlett, Hertfordshire, WD7 9JJ£459,950£450,000-£9,95002 Sep 202404 Sep 20242 Days
Flat 5, Slade Court, Watling Street, Radlett, Hertfordshire, WD7 7BT£375,000£375,000£013 Jan 202430 Aug 2024230 Days
20 Greenwood Gardens, Shenley, Radlett, Hertfordshire, WD7 9LF£425,000£403,000-£22,00005 Apr 202423 Aug 2024140 Days
15 Scrubbitts Square, Radlett, Hertfordshire, WD7 8JR£300,000£295,000-£5,00015 Mar 202423 Aug 2024161 Days
12 Halliday Close, Shenley, Radlett, Hertfordshire, WD7 9JZ£435,000£416,000-£19,00018 Jan 202416 Aug 2024211 Days
36 Hamblings Close, Shenley, Radlett, Hertfordshire, WD7 9JJ£450,000£440,000-£10,00022 Mar 202424 Jul 2024124 Days
Hillside, Gills Hill Lane, Radlett, Hertfordshire, WD7 8DB£1,650,000£1,540,000-£110,00004 Dec 202328 Jun 2024207 Days

Most Expensive Streets in WD7 (Radlett)

PostcodeStreetAreaAverageNo. of Sales
WD7 8EHNewlands AvenueRadlett£4,670,0005
WD7 8PRThe RidgewayRadlett£3,825,0004
WD7 8NXLoom LaneRadlett£3,335,0004
WD7 8ELNewlands AvenueRadlett£3,010,00010
WD7 8JBThe PathwayRadlett£2,807,8333
WD7 8LTAbbey ViewRadlett£2,672,5003
WD7 8PZThe RidgewayRadlett£2,573,0005
WD7 8HYAldenham AvenueRadlett£2,418,3333
WD7 7DSThe WarrenRadlett£2,293,3336
WD7 7EPNewberries AvenueRadlett£2,091,2504

Least Expensive Streets in WD7 (Radlett)

PostcodeStreetAreaAverageNo. of Sales
WD7 9EEHawksmoor, ShenleyRadlett£223,2005
WD7 8JTScrubbitts SquareRadlett£249,5003
WD7 7JABrook CourtRadlett£308,3336
WD7 7AQWatling StreetRadlett£331,97510
WD7 8JGSherland CourtRadlett£333,5833
WD7 7LWCraigmountRadlett£344,18412
WD7 7NQWatling StreetRadlett£362,2505
WD7 9ETBirchwood, Newcome RoadRadlett£366,5005
WD7 9JZHalliday Close, ShenleyRadlett£385,36311
WD7 8NDFairfield CloseRadlett£387,3754

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