Stanmore House Prices Stanmore House Prices

The average house price in Stanmore is £884,450 using HM Land Registry data.

The average property price increased by £162,368 (27.22%) over the last 5 years and increased by £32,459 (4.47%) over the last 12 months.

Over the last year, there were 207 residential property sales – a decrease of 107 transactions (-51.69%) relative to the previous year. The majority of house sales (62) were in the £300,000 - £506,000 range. Then came properties in the £506,000 - £712,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,006 (-2%).

In Oct 24, there were 64 new estate agency instructions, 40 agreed home sales and 74 property price reductions.

5-Year Average Property Prices in Stanmore

27.22%

Property prices in Stanmore increased by 27.22% 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 Stanmore Over the Last Year

4.47%

Property prices in Stanmore increased by 4.47% 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 Stanmore - 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 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 Stanmore

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 Stanmore

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 Stanmore

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 Stanmore since 1995

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

Recent Property Sales in Stanmore

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
39 Sitwell Grove, Stanmore, Greater London, HA7 3NB£579,950£570,000-£9,95007 May 202409 Aug 202494 Days
66 Howberry Road, Edgware, Greater London, HA8 6SY£799,000£779,000-£20,00016 Apr 202431 Jul 2024106 Days
8 Rainsford Close, Stanmore, Greater London, HA7 3DJ£375,000£351,000-£24,00013 Nov 202330 Jul 2024260 Days
20 Rainsford Close, Stanmore, Greater London, HA7 3DJ£420,000£400,000-£20,00001 Nov 202319 Jul 2024261 Days
33 Glebe Road, Stanmore, Greater London, HA7 4EJ£660,000£630,000-£30,00001 Jan 202405 Jul 2024186 Days
15 Springfield Close, Stanmore, Greater London, HA7 3DE£375,000£370,000-£5,00020 Mar 202424 Jun 202496 Days
20 Morley Crescent East, Stanmore, Greater London, HA7 2LH£725,000£246,000-£479,00019 Oct 202029 May 20241318 Days
11 Dennis Gardens, Stanmore, Greater London, HA7 4JG£425,000£405,000-£20,00016 Nov 202323 May 2024189 Days
14 Maychurch Close, Stanmore, Greater London, HA7 1AD£700,000£690,000-£10,00019 Dec 202317 May 2024150 Days
4 Bernays Close, Stanmore, Greater London, HA7 4BA£600,000£550,000-£50,00017 Oct 202329 Apr 2024195 Days
141a, Whitchurch Lane, Edgware, Greater London, HA8 6NZ£209,000£193,000-£16,00027 Sep 202329 Apr 2024215 Days
20 September Way, Stanmore, Greater London, HA7 2SG£600,000£600,000£0005 Oct 202315 Apr 2024193 Days
33 Snaresbrook Drive, Stanmore, Greater London, HA7 4QN£1,150,000£1,050,000-£100,00002 Jan 202410 Apr 202499 Days
28 Cloyster Wood, Edgware, Greater London, HA8 6RS£905,000£890,000-£15,00023 Oct 202308 Apr 2024168 Days
91 Cheyneys Avenue, Edgware, Greater London, HA8 6SD£695,000£677,000-£18,00006 Nov 202308 Apr 2024154 Days
24 Morecambe Gardens, Stanmore, Greater London, HA7 4SP£550,000£545,000-£5,00017 Oct 202303 Apr 2024169 Days
47 Lodge Close, Edgware, Greater London, HA8 7RL£495,000£490,000-£5,00008 Dec 202325 Mar 2024108 Days
61 Uppingham Avenue, Stanmore, Greater London, HA7 2JB£550,000£535,000-£15,00025 Sep 202322 Mar 2024179 Days
3 London Road, Stanmore, Greater London, HA7 4PA£999,999£875,000-£124,99912 Jul 202308 Mar 2024240 Days
10 Caroline Court, Stanmore, Greater London, HA7 3ST£235,000£235,000£0010 Jun 202304 Mar 2024268 Days

Most Expensive Streets in Stanmore

PostcodeStreetAreaAverageNo. of Sales
HA7 3ENAdelaide CloseStanmore£2,967,4163
HA7 3EGAylmer DriveStanmore£2,185,0004
HA7 4NWGlanleam RoadStanmore£1,772,5004
HA7 3EJAylmer DriveStanmore£1,758,3333
HA7 3QDGordon AvenueStanmore£1,625,0005
HA7 4PZJulius Caesar WayStanmore£1,603,3005
HA7 3RPBentley WayStanmore£1,575,0004
HA8 7QXCanons DriveEdgware£1,528,3333
HA7 3DFFallowfieldStanmore£1,527,2339
HA8 7NTDorset DriveEdgware£1,516,5003

Least Expensive Streets in Stanmore

PostcodeStreetAreaAverageNo. of Sales
HA7 4ZECapel CrescentStanmore£114,4378
HA7 1FNBrindley CourtLetchworth Road£213,6005
HA8 7TBStonegrove CourtStonegrove£224,3853
HA7 4SYPembroke LodgeStanmore£259,2506
HA7 3STCaroline CourtStanmore£280,0004
HA7 3BQStanmore HillStanmore£286,86615
HA7 1GDDukes CourtHoward Road£287,9523
HA7 4FWGloster HouseGlanville Mews£288,8333
HA8 6NZWhitchurch LaneEdgware£305,4505
HA8 7SXOrchard CourtStonegrove£306,5279

Explore Stanmore and Neighbouring Area House Prices