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House Prices in WD7

The average house price in WD7 (Radlett) is £681,666 using HM Land Registry data.

The average property price increased by £238,095 (14.41%) over the last 5 years and increased by £47,598 (2.36%) over the last 12 months.

Over the last year, there were 149 residential property sales – a decrease of 69 transactions (-46.31%) relative to the previous year. The majority of house sales (54) were in the £400,000 - £714,000 range. Then came properties in the £714,000 - £1,028,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,650 (-2%).

In June 2024, there were 29 new estate agency instructions, 12 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in WD7 (Radlett)

14.41%

Property prices in Radlett increased by 14.41% 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 WD7 (Radlett) Over the Last Year

2.36%

Property prices in Radlett increased by 2.36% 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.

Property Market Heat Gauge for WD7 (Radlett) - 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 WD7 (Radlett)

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 WD7 (Radlett)

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 WD7 (Radlett)

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 WD7 (Radlett) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WD7 postcode area since 1995.

Recent Sales in WD7 (Radlett)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
23 Sherland Court, Radlett, Hertfordshire, WD7 8JG	£350,000	£320,000	-£30,000	27 Nov 2023	15 May 2024	170 Days
Station House, Shenley Hill, Radlett, Hertfordshire, WD7 7AR	£950,000	£910,000	-£40,000	21 Sep 2023	19 Apr 2024	211 Days
6 Gills Hill, Radlett, Hertfordshire, WD7 8BZ	£895,000	£890,000	-£5,000	04 Jan 2024	19 Apr 2024	106 Days
51 Phillimore Place, Radlett, Hertfordshire, WD7 8NH	£700,000	£690,000	-£10,000	18 Oct 2023	28 Feb 2024	133 Days
16 Rendlesham Avenue, Radlett, Hertfordshire, WD7 8PF	£835,000	£820,000	-£15,000	02 Oct 2023	22 Feb 2024	143 Days
14 Darnhills, Radlett, Hertfordshire, WD7 8LQ	£795,000	£765,000	-£30,000	05 Sep 2023	30 Jan 2024	147 Days
38 Newberries Avenue, Radlett, Hertfordshire, WD7 7EP	£2,250,000	£2,150,000	-£100,000	04 Aug 2023	25 Jan 2024	174 Days
44 Newcome Road, Shenley, Radlett, Hertfordshire, WD7 9EJ	£585,000	£550,000	-£35,000	04 Sep 2023	15 Jan 2024	133 Days
107 Loom Lane, Radlett, Hertfordshire, WD7 8NY	£1,000,000	£895,000	-£105,000	18 May 2023	15 Dec 2023	211 Days
37 Craigweil Avenue, Radlett, Hertfordshire, WD7 7ET	£1,350,000	£1,310,000	-£40,000	13 Oct 2023	15 Dec 2023	63 Days
107 Loom Lane, Radlett, Hertfordshire, WD7 8NY	£950,000	£895,000	-£55,000	05 Sep 2023	15 Dec 2023	101 Days
6 Kendals Close, Radlett, Hertfordshire, WD7 8NQ	£569,950	£510,000	-£59,950	26 Jul 2023	12 Dec 2023	139 Days
6 Hadleigh Close, Shenley, Radlett, Hertfordshire, WD7 9LT	£650,000	£600,000	-£50,000	04 Jul 2023	07 Dec 2023	156 Days
47 Greenwood Gardens, Shenley, Radlett, Hertfordshire, WD7 9LF	£625,000	£612,500	-£12,500	17 Aug 2023	01 Dec 2023	106 Days
83 Loom Lane, Radlett, Hertfordshire, WD7 8NY	£2,250,000	£2,025,000	-£225,000	23 Mar 2023	01 Dec 2023	253 Days
20 North Avenue, Shenley, Radlett, Hertfordshire, WD7 9DG	£600,000	£590,000	-£10,000	21 Jun 2023	01 Dec 2023	163 Days
12 Shenley Hill, Radlett, Hertfordshire, WD7 7BB	£1,000,000	£960,000	-£40,000	03 Jul 2023	30 Nov 2023	150 Days
15 Heyford Road, Radlett, Hertfordshire, WD7 8PP	£850,000	£815,000	-£35,000	11 Apr 2023	17 Nov 2023	220 Days
6 Nightingale Close, Radlett, Hertfordshire, WD7 8NT	£1,595,000	£1,595,000	£00	31 Aug 2023	16 Nov 2023	77 Days
78 Shenley Hill, Radlett, Hertfordshire, WD7 7BD	£1,750,000	£1,600,000	-£150,000	18 May 2023	10 Nov 2023	176 Days

Most Expensive Streets in WD7 (Radlett)

Postcode	Street	Area	Average	No. of Sales
WD7 8PR	The Ridgeway	Radlett	£3,683,333	3
WD7 8EH	Newlands Avenue	Radlett	£3,643,436	7
WD7 8NX	Loom Lane	Radlett	£3,430,000	3
WD7 8EL	Newlands Avenue	Radlett	£3,010,000	10
WD7 8JB	The Pathway	Radlett	£2,807,833	3
WD7 8PZ	The Ridgeway	Radlett	£2,703,750	4
WD7 8LT	Abbey View	Radlett	£2,672,500	3
WD7 8HY	Aldenham Avenue	Radlett	£2,418,333	3
WD7 8PS	The Ridgeway	Radlett	£2,160,000	3
WD7 8PY	Homefield Road	Radlett	£2,148,333	3

Least Expensive Streets in WD7 (Radlett)

Postcode	Street	Area	Average	No. of Sales
WD7 7NG	Everett Court, Watling Street, Radlett	Radlett	£236,333	3
WD7 9EE	Hawksmoor, Shenley	Radlett	£236,500	4
WD7 8JT	Scrubbitts Square	Radlett	£249,500	3
WD7 7AQ	Watling Street	Radlett	£262,400	5
WD7 7JA	Brook Court	Radlett	£303,125	8
WD7 7JG	Oakbank, Watling Street, Radlett	Radlett	£331,250	4
WD7 8JG	Sherland Court	Radlett	£333,583	3
WD7 7NQ	Watling Street	Radlett	£362,250	5
WD7 9JZ	Halliday Close, Shenley	Radlett	£364,590	11
WD7 9ET	Birchwood, Newcome Road	Radlett	£366,500	5