House Prices in WD6 House Prices in WD6 (Borehamwood)

The average house price in WD6 (Borehamwood) is £576,866 using HM Land Registry data.

The average property price increased by £134,034 (27.23%) over the last 5 years and increased by £26,856 (4.07%) over the last 12 months.

Over the last year, there were 255 residential property sales – a decrease of 85 transactions (-33.33%) relative to the previous year. The majority of house sales (81) were in the £382,000 - £494,000 range. Then came properties in the £494,000 - £606,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 133 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,024 (-4%).

In Dec 24, there were 34 new estate agency instructions, 30 agreed home sales and 22 property price reductions.

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) - 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 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
7 Campions Close, Borehamwood, Hertfordshire, WD6 5LA£435,000£426,000-£9,00006 Jun 202415 Nov 2024162 Days
9 Alconbury Close, Borehamwood, Hertfordshire, WD6 4QG£535,000£512,500-£22,50011 Jun 202415 Nov 2024157 Days
33 Melrose Avenue, Borehamwood, Hertfordshire, WD6 2BH£849,950£840,000-£9,95024 Jun 202415 Nov 2024144 Days
40 Stapleton Road, Borehamwood, Hertfordshire, WD6 5BW£425,000£400,000-£25,00017 Apr 202411 Nov 2024208 Days
61 Wordsworth Gardens, Borehamwood, Hertfordshire, WD6 2AB£600,000£600,000£0026 Mar 202408 Nov 2024227 Days
20 Woolmer Close, Borehamwood, Hertfordshire, WD6 5JZ£450,000£445,000-£5,00001 Jul 202408 Nov 2024130 Days
53 Whitehouse Avenue, Borehamwood, Hertfordshire, WD6 1HA£975,000£930,000-£45,00027 Aug 202408 Nov 202473 Days
65 Cavendish Crescent, Elstree, Borehamwood, Hertfordshire, WD6 3JW£785,000£755,000-£30,00005 Dec 202307 Nov 2024338 Days
8 Hay Close, Borehamwood, Hertfordshire, WD6 5RA£385,000£385,000£0021 Aug 202406 Nov 202477 Days
50 Melrose Avenue, Borehamwood, Hertfordshire, WD6 2BJ£800,000£755,000-£45,00029 Feb 202405 Nov 2024250 Days
1 Essex Road, Borehamwood, Hertfordshire, WD6 1BP£600,000£600,000£0026 Mar 202401 Nov 2024220 Days
40 Lodge Avenue, Elstree, Borehamwood, Hertfordshire, WD6 3ND£1,775,000£1,600,000-£175,00013 Sep 202329 Oct 2024412 Days
3 Featherstone Gardens, Borehamwood, Hertfordshire, WD6 2LP£575,000£560,000-£15,00021 Apr 202428 Oct 2024190 Days
63 Buckingham Road, Borehamwood, Hertfordshire, WD6 2RA£415,000£400,000-£15,00012 Jun 202423 Oct 2024133 Days
203 Aycliffe Road, Borehamwood, Hertfordshire, WD6 4AA£525,000£508,000-£17,00003 May 202418 Oct 2024168 Days
Hillside, Potters Lane, Borehamwood, Hertfordshire, WD6 5NX£800,000£625,000-£175,00024 Mar 202216 Oct 2024937 Days
44 Whitehouse Avenue, Borehamwood, Hertfordshire, WD6 1HD£465,000£442,000-£23,00029 Aug 202408 Oct 202440 Days
83 Cavendish Crescent, Elstree, Borehamwood, Hertfordshire, WD6 3JW£815,000£785,000-£30,00004 Jan 202423 Aug 2024232 Days
Flat 3, Sommerville Court, Alconbury Close, Borehamwood, Hertfordshire, WD6 4QH£299,950£275,000-£24,95025 Feb 202119 Aug 20241271 Days
14 Wetherby Road, Borehamwood, Hertfordshire, WD6 4LH£549,950£545,000-£4,95013 Apr 202412 Aug 2024121 Days

Most Expensive Streets in WD6 (Borehamwood)

PostcodeStreetAreaAverageNo. of Sales
WD6 3FRThe Stables, ElstreeBorehamwood£2,042,5004
WD6 3PNBarham Avenue, ElstreeBorehamwood£1,957,1427
WD6 3PWBarham Avenue, ElstreeBorehamwood£1,907,5006
WD6 3QZBarnet Lane, ElstreeBorehamwood£1,887,5006
WD6 3PDBlattner Close, ElstreeBorehamwood£1,725,0003
WD6 3PSLinks Drive, ElstreeBorehamwood£1,552,5006
WD6 3JGDeacons Hill Road, ElstreeBorehamwood£1,489,5005
WD6 3HZDeacons Hill Road, ElstreeBorehamwood£1,481,6663
WD6 3NDLodge Avenue, ElstreeBorehamwood£1,362,0005
WD6 3NALodge Avenue, ElstreeBorehamwood£1,242,1663

Least Expensive Streets in WD6 (Borehamwood)

PostcodeStreetAreaAverageNo. of Sales
WD6 2SPHunter WalkBorehamwood£200,3333
WD6 2DQFairbanks Lodge, Furzehill RoadBorehamwood£201,45411
WD6 3ESWatling Court, High Street, ElstreeBorehamwood£208,4378
WD6 5NJLion CourtBorehamwood£217,5007
WD6 1LZCorfe CloseBorehamwood£221,6663
WD6 3ETWatling Court, High Street, ElstreeBorehamwood£225,2857
WD6 1TFBaker Court, Shenley RoadBorehamwood£253,0006
WD6 1AGShenley RoadBorehamwood£255,0005
WD6 1FSFoster House, Maxwell RoadBorehamwood£269,1663
WD6 1PPEldon AvenueBorehamwood£271,8285

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