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House Prices in AL3 House Prices in AL3 (St Albans)

The average house price in AL3 (St Albans) is £698,263 using HM Land Registry data.

The average property price increased by £119,670 (14.91%) over the last 5 years and increased by £23,972 (2.43%) over the last 12 months.

Over the last year, there were 309 residential property sales – a decrease of 21 transactions (-6.80%) relative to the previous year. The majority of house sales (65) were in the £462,000 - £594,000 range. Then came properties in the £594,000 - £726,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 174 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,256 (-3%).

In January 2025, there were 80 new estate agency instructions, 57 agreed home sales and 26 property price reductions.

Nearby Postcodes: AL1, AL10, AL2, AL4, AL5, AL6, AL8, AL9, EN6, HP1, HP14, HP16, HP17, HP18, HP19, HP2, HP20, HP21, HP22, HP23, HP27, HP3, HP4, HP5, LU1, LU2, LU3, LU4, LU5, LU6, LU7, MK18, OX39, OX9, SG4, WD25, WD3, WD4, WD5, WD7

5-Year Average Property Prices in AL3 (St Albans)

14.91%

Property prices in AL3 (St Albans) increased by 14.91% 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 AL3 (St Albans) Over the Last Year

2.43%

Property prices in AL3 (St Albans) increased by 2.43% 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 AL3 (St Albans) - 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 AL3 (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 AL3 (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 AL3 (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 AL3 (St Albans) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the AL3 postcode area since 1995.

Recent Sales in AL3 (St Albans)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Farrer Top, Markyate, St Albans, Hertfordshire, AL3 8NB£415,000£405,000-£10,00002 Aug 202413 Dec 2024133 Days
43 Carlisle Avenue, St Albans, Hertfordshire, AL3 5LX£1,250,000£1,250,000£002 Oct 202405 Dec 202464 Days
5 Dalton Street, St Albans, Hertfordshire, AL3 5QQ£625,000£624,000-£1,00012 Jun 202429 Nov 2024170 Days
6 Windridge Close, St Albans, Hertfordshire, AL3 4JP£695,000£685,000-£10,00017 May 202420 Nov 2024187 Days
23 Maple Avenue, St Albans, Hertfordshire, AL3 6EQ£650,000£620,000-£30,00026 Dec 202319 Nov 2024329 Days
Hollybush Farm Cottage, Hollybush Lane, Flamstead, St Albans, Hertfordshire, AL3 8DG£525,000£512,500-£12,50026 Dec 202315 Nov 2024325 Days
17 Snatchup, Redbourn, St Albans, Hertfordshire, AL3 7HD£650,000£640,000-£10,00027 Mar 202407 Nov 2024225 Days
5 Crouch Hall Gardens, Redbourn, St Albans, Hertfordshire, AL3 7EL£775,000£765,000-£10,00023 Apr 202401 Nov 2024192 Days
84b, High Street, Markyate, St Albans, Hertfordshire, AL3 8LE£300,000£292,500-£7,50013 May 202401 Nov 2024172 Days
30 Christchurch Close, St Albans, Hertfordshire, AL3 5NT£425,000£425,000£026 Feb 202431 Oct 2024248 Days
Flat 7, North Court, Buckwood Road, Markyate, St Albans, Hertfordshire, AL3 8NT£120,000£120,000£016 Apr 202431 Oct 2024198 Days
25 Rowlatt Drive, St Albans, Hertfordshire, AL3 4NA£875,000£870,000-£5,00024 Jun 202430 Oct 2024128 Days
23b, Verulam Road, St Albans, Hertfordshire, AL3 4DG£300,000£300,000£020 Jun 202429 Oct 2024131 Days
3 St Stephens Close, St Albans, Hertfordshire, AL3 4AB£1,350,000£1,340,000-£10,00014 Aug 202428 Oct 202475 Days
143 Verulam Road, St Albans, Hertfordshire, AL3 4DN£800,000£800,000£028 May 202425 Oct 2024150 Days
17 Ben Austins, Redbourn, St Albans, Hertfordshire, AL3 7DR£685,000£675,000-£10,00014 May 202422 Oct 2024161 Days
17 Fryth Mead, St Albans, Hertfordshire, AL3 4TN£1,050,000£1,000,000-£50,00013 May 202422 Oct 2024162 Days
24 Crecy Gardens, Redbourn, St Albans, Hertfordshire, AL3 7BQ£960,000£950,000-£10,00011 Jun 202418 Oct 2024129 Days
13 Ver Road, Redbourn, St Albans, Hertfordshire, AL3 7PE£550,000£532,500-£17,50007 Mar 202418 Oct 2024225 Days
48 Spencer Street, St Albans, Hertfordshire, AL3 5EG£650,000£650,000£015 May 202416 Aug 202493 Days

Most Expensive Streets in AL3 (St Albans)

PostcodeStreetAreaAverageNo. of Sales
AL3 4AZAbbey AvenueSt Albans£1,461,5006
AL3 6BQEllis FieldsSt Albans£1,448,3333
AL3 5REPalfrey CloseSt Albans£1,350,0003
AL3 4QNVer RoadSt Albans£1,295,0003
AL3 6BGEllis FieldsSt Albans£1,269,0005
AL3 4AASt Stephens AvenueSt Albans£1,247,0005
AL3 4RUFishpool StreetSt Albans£1,174,0009
AL3 4QTHill StreetSt Albans£1,147,5005
AL3 7EUCrouch Hall Lane, RedbournSt Albans£1,140,8333
AL3 7LWHigh Street, RedbournSt Albans£1,131,6663

Least Expensive Streets in AL3 (St Albans)

PostcodeStreetAreaAverageNo. of Sales
AL3 8NTNorth Court, Buckwood RoadSt Albans£142,3754
AL3 8RRPickford Road, MarkyateSt Albans£171,8333
AL3 8NXFlax Mews, MarkyateSt Albans£185,2005
AL3 5SSSt Augusta Court, Batchwood ViewSt Albans£189,5009
AL3 7NYNew Forge Place, RedbournSt Albans£211,56612
AL3 5ASBeech RoadSt Albans£220,6663
AL3 5RWGrimthorpe CloseSt Albans£241,5003
AL3 8NYSaddlers Mews, MarkyateSt Albans£247,3333
AL3 8NZBlacksmiths Row, MarkyateSt Albans£248,6166
AL3 6BNPortman House, Therfield RoadSt Albans£250,6254

Explore AL3 (St Albans) using map

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