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House Prices in SG2 House Prices in SG2 (Stevenage)

The average house price in SG2 (Stevenage) is £416,520 using HM Land Registry data.

The average property price increased by £37,465 (19.67%) over the last 5 years and increased by £7,507 (3.1%) over the last 12 months.

Over the last year, there were 335 residential property sales – a decrease of 101 transactions (-30.15%) relative to the previous year. The majority of house sales (107) were in the £276,000 - £332,000 range. Then came properties in the £332,000 - £388,000 range, where 88 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 144 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,647 (-2%).

In Dec 24, there were 50 new estate agency instructions, 46 agreed home sales and 13 property price reductions.

Nearby Postcodes: AL4, AL5, AL6, AL7, AL9, CB11, CB23, CM19, CM20, CM21, CM23, EN10, EN11, EN6, EN7, LU2, MK44, MK45, PE19, SG1, SG10, SG11, SG12, SG13, SG14, SG15, SG16, SG17, SG18, SG19, SG3, SG4, SG5, SG6, SG7, SG8, SG9

5-Year Average Property Prices in SG2 (Stevenage)

19.67%

Property prices in Stevenage increased by 19.67% 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 SG2 (Stevenage) Over the Last Year

3.1%

Property prices in Stevenage increased by 3.1% 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 SG2 (Stevenage) - Dec 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 SG2 (Stevenage)

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 SG2 (Stevenage)

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 SG2 (Stevenage)

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 SG2 (Stevenage) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SG2 postcode area since 1995.

Recent Sales in SG2 (Stevenage)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
26 Newgate, Stevenage, Hertfordshire, SG2 9DT£425,000£415,000-£10,00024 Aug 202422 Nov 202490 Days
23 Parishes Mead, Stevenage, Hertfordshire, SG2 9QD£400,000£390,000-£10,00022 Jun 202415 Nov 2024146 Days
14 Totts Lane, Walkern, Stevenage, Hertfordshire, SG2 7PL£600,000£585,000-£15,00022 May 202415 Nov 2024177 Days
4 Braemar Close, Stevenage, Hertfordshire, SG2 8TA£365,000£355,500-£9,50017 Jul 202415 Nov 2024121 Days
21 Carters Close, Stevenage, Hertfordshire, SG2 9QA£220,000£220,000£0006 Jun 202409 Nov 2024156 Days
79 Longfields, Stevenage, Hertfordshire, SG2 8QA£325,000£318,000-£7,00014 Jun 202408 Nov 2024147 Days
52 Upper Sean, Stevenage, Hertfordshire, SG2 9XW£325,000£318,000-£7,00008 Apr 202406 Nov 2024212 Days
12 Drakes Drive, Stevenage, Hertfordshire, SG2 0EX£159,500£150,000-£9,50029 May 202401 Nov 2024156 Days
13 Ranworth Avenue, Stevenage, Hertfordshire, SG2 8SL£395,000£395,000£0003 May 202431 Oct 2024181 Days
93 Skipton Close, Stevenage, Hertfordshire, SG2 8TW£290,000£280,000-£10,00020 May 202431 Oct 2024164 Days
5 Harrowdene, Stevenage, Hertfordshire, SG2 9JE£375,000£370,000-£5,00010 Apr 202431 Oct 2024204 Days
202 Shephall Way, Stevenage, Hertfordshire, SG2 9RD£315,000£280,000-£35,00025 Oct 202331 Oct 2024372 Days
6 Milestone Close, Stevenage, Hertfordshire, SG2 9RR£440,000£430,000-£10,00017 Jul 202431 Oct 2024106 Days
1 Roebuck Gate, Stevenage, Hertfordshire, SG2 8DP£250,000£250,000£0017 Oct 202430 Oct 202413 Days
45 Elbow Lane, Stevenage, Hertfordshire, SG2 8LN£350,000£342,000-£8,00008 Jul 202430 Oct 2024114 Days
5 Sheepcroft Hill, Stevenage, Hertfordshire, SG2 9PR£355,000£345,000-£10,00011 Jun 202429 Oct 2024140 Days
7 Walnut Tree Close, Stevenage, Hertfordshire, SG2 9RS£200,000£198,000-£2,00030 Oct 202329 Oct 2024365 Days
61 Holly Leys, Stevenage, Hertfordshire, SG2 8HZ£340,000£340,000£0015 Jun 202425 Oct 2024132 Days
96 Broad Oak Way, Stevenage, Hertfordshire, SG2 8RA£375,000£367,500-£7,50003 Jul 202424 Oct 2024113 Days
37 Nodes Drive, Stevenage, Hertfordshire, SG2 8AJ£385,000£377,500-£7,50030 May 202424 Oct 2024147 Days

Most Expensive Streets in SG2 (Stevenage)

PostcodeStreetAreaAverageNo. of Sales
SG2 7QACromerStevenage£1,145,0003
SG2 7DDHebing End, BeningtonStevenage£1,140,0008
SG2 7PBChurch End, WalkernStevenage£981,2504
SG2 7NPHigh Street, WalkernStevenage£799,1663
SG2 7BUFarm Cottage, Benington ParkStevenage£728,0005
SG2 8RRBrookhillStevenage£718,3333
SG2 7BXWhempstead Road, BeningtonStevenage£665,8577
SG2 7EGAston Bury, AstonStevenage£662,2005
SG2 8STHertford RoadStevenage£654,1427
SG2 8UHMalvern CloseStevenage£653,3003

Least Expensive Streets in SG2 (Stevenage)

PostcodeStreetAreaAverageNo. of Sales
SG2 9PHRoundmeadStevenage£140,4305
SG2 8EYNokesideStevenage£141,5624
SG2 7HBBrookfield, AstonStevenage£168,3333
SG2 0HBPalmerston Court, Cook RoadStevenage£196,0003
SG2 0EYNewhaven, Drakes DriveStevenage£201,0005
SG2 8JFBroughton Court, WychdellStevenage£202,6663
SG2 8UYSaxon House, Aylward DriveStevenage£217,8128
SG2 9RYShearwater CloseStevenage£227,30010
SG2 7DNUplandsStevenage£229,2508
SG2 9AWAngle WaysStevenage£230,0003

Explore SG2 (Stevenage) using map

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