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

The average house price in AL3 (St Albans) is £577,600 using HM Land Registry data.

The average property price increased by £153,962 (14.91%) over the last 5 years and increased by £30,778 (2.43%) over the last 12 months.

Over the last year, there were 290 residential property sales – a decrease of 118 transactions (-40.69%) relative to the previous year. The majority of house sales (64) were in the £584,000 - £716,000 range. Then came properties in the £452,000 - £584,000 range, where 53 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,035 (-2%).

In June 2024, there were 79 new estate agency instructions, 58 agreed home sales and 37 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 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 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) - June 2024

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 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
Morton House, Chapel Road, Flamstead, St Albans, Hertfordshire, AL3 8DD£810,000£800,000-£10,00026 Jan 202430 Apr 202495 Days
67 The Park, Redbourn, St Albans, Hertfordshire, AL3 7LS£385,000£378,000-£7,00018 Oct 202326 Apr 2024191 Days
12 Lords Meadow, Redbourn, St Albans, Hertfordshire, AL3 7BX£550,000£550,000£0008 Jan 202425 Apr 2024108 Days
1 Mansdale Road, Redbourn, St Albans, Hertfordshire, AL3 7DL£800,000£780,000-£20,00011 Jul 202319 Apr 2024283 Days
5 Christchurch Close, St Albans, Hertfordshire, AL3 5NT£250,000£225,000-£25,00030 Oct 202316 Apr 2024169 Days
26 Bernard Street, St Albans, Hertfordshire, AL3 5QN£500,000£455,000-£45,00016 Jan 202412 Apr 202487 Days
24 Fontmell Close, St Albans, Hertfordshire, AL3 5HU£685,000£675,000-£10,00022 Nov 202312 Apr 2024142 Days
1 Becks Close, Markyate, St Albans, Hertfordshire, AL3 8HU£325,000£322,500-£2,50012 Oct 202328 Mar 2024168 Days
75 Tassell Hall, Redbourn, St Albans, Hertfordshire, AL3 7JE£500,000£480,000-£20,00007 Jul 202328 Mar 2024265 Days
20 Silk Mill Road, Redbourn, St Albans, Hertfordshire, AL3 7GE£895,000£875,000-£20,00004 Oct 202327 Mar 2024175 Days
5 Oster Street, St Albans, Hertfordshire, AL3 5JN£575,000£555,000-£20,00017 Nov 202327 Mar 2024131 Days
79a, The Park, Redbourn, St Albans, Hertfordshire, AL3 7LS£325,000£310,000-£15,00011 Jul 202327 Mar 2024260 Days
84 Westfields, St Albans, Hertfordshire, AL3 4LZ£1,350,000£1,325,000-£25,00027 Oct 202320 Mar 2024145 Days
92 Lavender Crescent, St Albans, Hertfordshire, AL3 5PJ£625,000£625,000£0026 Sep 202307 Mar 2024163 Days
64 Buckwood Road, Markyate, St Albans, Hertfordshire, AL3 8JB£415,000£400,000-£15,00018 Sep 202301 Mar 2024165 Days
37 Cannon Street, St Albans, Hertfordshire, AL3 5JR£550,000£490,000-£60,00028 Aug 202326 Feb 2024182 Days
2 Becks Close, Markyate, St Albans, Hertfordshire, AL3 8HX£325,000£325,000£0020 Sep 202323 Feb 2024156 Days
94 Grange Street, St Albans, Hertfordshire, AL3 5LY£650,000£585,000-£65,00022 Jul 202305 Feb 2024198 Days
40 Tudor Road, St Albans, Hertfordshire, AL3 6BA£375,000£355,000-£20,00026 Apr 202326 Jan 2024275 Days
92 The Park, Redbourn, St Albans, Hertfordshire, AL3 7LT£625,000£595,000-£30,00008 Jul 202319 Jan 2024195 Days

Most Expensive Streets in AL3 (St Albans)

PostcodeStreetAreaAverageNo. of Sales
AL3 5RQTownsend DriveSt Albans£1,863,3333
AL3 4AZAbbey AvenueSt Albans£1,518,8005
AL3 5REPalfrey CloseSt Albans£1,350,0003
AL3 6BQEllis FieldsSt Albans£1,274,1666
AL3 4AASt Stephens AvenueSt Albans£1,247,0005
AL3 4RUFishpool StreetSt Albans£1,242,6258
AL3 6BGEllis FieldsSt Albans£1,145,5005
AL3 7LWHigh Street, RedbournSt Albans£1,131,6663
AL3 4TAKingsbury AvenueSt Albans£1,095,8333
AL3 7EQCrouch Hall Lane, RedbournSt Albans£1,069,2857

Least Expensive Streets in AL3 (St Albans)

PostcodeStreetAreaAverageNo. of Sales
AL3 8NTNorth Court, Buckwood RoadSt Albans£149,8333
AL3 8NXFlax Mews, MarkyateSt Albans£182,6666
AL3 5SSSt Augusta Court, Batchwood ViewSt Albans£191,80010
AL3 6DGPorters Wood House, Porters WoodSt Albans£192,8754
AL3 7NYNew Forge Place, RedbournSt Albans£211,25313
AL3 5ASBeech RoadSt Albans£220,6663
AL3 8LBCleveland Road, MarkyateSt Albans£261,2504
AL3 6BNPortman House, Therfield RoadSt Albans£262,5003
AL3 6NRWoodland CourtSt Albans£264,00010
AL3 8HRCowper Court, MarkyateSt Albans£267,0005

Explore AL3 (St Albans) using map

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