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House Prices in WD6 House Prices in WD6 (Borehamwood)

The average house price in WD6 (Borehamwood) is £487,250 using HM Land Registry data.

The average property price increased by £183,640 (27.23%) over the last 5 years and increased by £36,712 (4.07%) over the last 12 months.

Over the last year, there were 262 residential property sales – a decrease of 133 transactions (-50.76%) relative to the previous year. The majority of house sales (78) were in the £382,000 - £484,000 range. Then came properties in the £484,000 - £586,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,784 (-3%).

In June 2024, there were 65 new estate agency instructions, 58 agreed home sales and 47 property price reductions.

Nearby Postcodes: AL2, AL4, AL9, EN2, EN4, EN5, EN6, EN7, HA3, HA5, HA7, HA8, N12, N20, N3, NW4, NW7, NW9, SG13, WD17, WD19, WD23, WD24, WD25, WD4, WD5, WD7

5-Year Average Property Prices in WD6 (Borehamwood)

27.23%

Property prices in Borehamwood increased by 27.23% 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 WD6 (Borehamwood) Over the Last Year

4.07%

Property prices in Borehamwood increased by 4.07% 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 WD6 (Borehamwood) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 WD6 (Borehamwood)

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 WD6 (Borehamwood)

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 WD6 (Borehamwood)

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 WD6 (Borehamwood) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WD6 postcode area since 1995.

Recent Sales in WD6 (Borehamwood)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Welbeck Close, Borehamwood, Hertfordshire, WD6 1UG£450,000£435,000-£15,00019 Jan 202415 May 2024117 Days
20 Croxdale Road, Borehamwood, Hertfordshire, WD6 4PZ£512,500£490,000-£22,50006 Feb 202403 May 202487 Days
18 Belford Road, Borehamwood, Hertfordshire, WD6 4HY£200,000£190,000-£10,00006 Feb 202430 Apr 202484 Days
25 Wetherby Road, Borehamwood, Hertfordshire, WD6 4LH£390,000£380,000-£10,00008 Nov 202326 Apr 2024170 Days
68 Stainer Road, Borehamwood, Hertfordshire, WD6 4TR£550,000£515,000-£35,00023 Oct 202327 Mar 2024156 Days
48 Ashley Drive, Borehamwood, Hertfordshire, WD6 2JD£530,000£505,000-£25,00004 Sep 202322 Mar 2024200 Days
37 Edulf Road, Borehamwood, Hertfordshire, WD6 5AB£599,999£545,000-£54,99911 Nov 202321 Mar 2024131 Days
Flat 35, Fairbanks Lodge, Furzehill Road, Borehamwood, Hertfordshire, WD6 2DQ£145,000£145,000£0006 Jun 202315 Mar 2024283 Days
12 Clare Close, Elstree, Borehamwood, Hertfordshire, WD6 3NJ£1,150,000£1,075,000-£75,00011 Dec 202313 Mar 202493 Days
26 Anthony Road, Borehamwood, Hertfordshire, WD6 4NG£1,080,000£1,025,000-£55,00003 Oct 202312 Mar 2024161 Days
3 Deacons Close, Elstree, Borehamwood, Hertfordshire, WD6 3HX£1,300,000£1,200,000-£100,00026 Sep 202308 Mar 2024164 Days
12 Lexington Close, Borehamwood, Hertfordshire, WD6 1UT£225,000£200,000-£25,00008 Jan 202429 Feb 202452 Days
50 Milton Drive, Borehamwood, Hertfordshire, WD6 2BB£425,000£412,000-£13,00025 Sep 202319 Feb 2024147 Days
94 Hartforde Road, Borehamwood, Hertfordshire, WD6 5JS£500,000£500,000£0018 Oct 202309 Feb 2024114 Days
61 Whitehouse Avenue, Borehamwood, Hertfordshire, WD6 1HA£699,950£650,000-£49,95002 Sep 202326 Jan 2024146 Days
38 Hartforde Road, Borehamwood, Hertfordshire, WD6 5JT£699,950£682,000-£17,95030 Jun 202319 Jan 2024203 Days
53 Rossington Avenue, Borehamwood, Hertfordshire, WD6 4JX£375,000£370,000-£5,00006 Sep 202319 Jan 2024135 Days
33 Kimbolton Green, Borehamwood, Hertfordshire, WD6 2NQ£400,000£400,000£0016 Oct 202315 Jan 202491 Days
7 Lincoln Court, Borehamwood, Hertfordshire, WD6 2PY£395,000£380,000-£15,00023 Jun 202312 Jan 2024203 Days
4 Drayton Road, Borehamwood, Hertfordshire, WD6 2BX£499,950£490,000-£9,95002 Nov 202309 Jan 202468 Days

Most Expensive Streets in WD6 (Borehamwood)

PostcodeStreetAreaAverageNo. of Sales
WD6 3FRThe Stables, ElstreeBorehamwood£2,090,0003
WD6 3PWBarham Avenue, ElstreeBorehamwood£1,907,5006
WD6 3PNBarham Avenue, ElstreeBorehamwood£1,891,6666
WD6 3QZBarnet Lane, ElstreeBorehamwood£1,835,0005
WD6 3PDBlattner Close, ElstreeBorehamwood£1,618,7504
WD6 3JGDeacons Hill Road, ElstreeBorehamwood£1,489,5005
WD6 3HZDeacons Hill Road, ElstreeBorehamwood£1,481,6663
WD6 3PSLinks Drive, ElstreeBorehamwood£1,453,7504
WD6 3LHDeacons Hill Road, ElstreeBorehamwood£1,417,5004
WD6 3NDLodge Avenue, ElstreeBorehamwood£1,362,0005

Least Expensive Streets in WD6 (Borehamwood)

PostcodeStreetAreaAverageNo. of Sales
WD6 5NJLion CourtBorehamwood£205,3336
WD6 2DQFairbanks Lodge, Furzehill RoadBorehamwood£206,41612
WD6 2SPHunter WalkBorehamwood£206,5004
WD6 3ESWatling Court, High Street, ElstreeBorehamwood£209,1669
WD6 3ETWatling Court, High Street, ElstreeBorehamwood£215,0006
WD6 1LZCorfe CloseBorehamwood£221,6663
WD6 1FRFoster House, Maxwell RoadBorehamwood£234,0004
WD6 1TFBaker Court, Shenley RoadBorehamwood£250,6005
WD6 1PPEldon AvenueBorehamwood£256,0354
WD6 3HTBritten Close, ElstreeBorehamwood£261,5004

Explore WD6 (Borehamwood) using map

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