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House Prices in AL5 House Prices in AL5 (Harpenden)

The average house price in AL5 (Harpenden) is £778,562 using HM Land Registry data.

The average property price increased by £180,601 (3.84%) over the last 5 years and increased by £36,104 (0.68%) over the last 12 months.

Over the last year, there were 358 residential property sales – a decrease of 134 transactions (-37.43%) relative to the previous year. The majority of house sales (87) were in the £566,000 - £822,000 range. Then came properties in the £310,000 - £566,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-34,966 (-3%).

In June 2024, there were 70 new estate agency instructions, 54 agreed home sales and 30 property price reductions.

Nearby Postcodes: AL1, AL10, AL2, AL3, AL4, AL6, AL8, AL9, EN6, HP2, HP3, LU1, LU2, LU3, LU4, LU5, LU6, MK45, SG1, SG2, SG3, SG4, SG5, SG6, SG7

5-Year Average Property Prices in AL5 (Harpenden)

3.84%

Property prices in Harpenden increased by 3.84% 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 AL5 (Harpenden) Over the Last Year

0.68%

Property prices in Harpenden increased by 0.68% 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 AL5 (Harpenden) - 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 AL5 (Harpenden)

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 AL5 (Harpenden)

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 AL5 (Harpenden)

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 AL5 (Harpenden) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the AL5 postcode area since 1995.

Recent Sales in AL5 (Harpenden)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Riverbanks Close, Harpenden, Hertfordshire, AL5 5EJ£495,000£490,000-£5,00013 Nov 202314 May 2024183 Days
1 Timbers Court, Harpenden, Hertfordshire, AL5 2QA£985,000£982,700-£2,30004 Aug 202309 May 2024279 Days
19 The Deerings, Harpenden, Hertfordshire, AL5 2PF£1,325,000£1,310,000-£15,00021 Sep 202330 Apr 2024222 Days
9 Hawthorn Close, Harpenden, Hertfordshire, AL5 1HN£750,000£720,000-£30,00008 Nov 202326 Apr 2024170 Days
66 Cowper Road, Harpenden, Hertfordshire, AL5 5NG£675,000£675,000£0010 Nov 202317 Apr 2024159 Days
9 Gorselands, Harpenden, Hertfordshire, AL5 1QY£900,000£900,000£0005 Sep 202311 Apr 2024219 Days
10 Douglas Road, Harpenden, Hertfordshire, AL5 2EW£1,650,000£1,600,000-£50,00013 Sep 202303 Apr 2024203 Days
14 Wheatfield Road, Harpenden, Hertfordshire, AL5 2NY£2,500,000£2,287,000-£213,00001 Nov 202303 Apr 2024154 Days
7 Gilpin Green, Harpenden, Hertfordshire, AL5 5NP£350,000£345,000-£5,00004 Jul 202326 Mar 2024266 Days
11 Haslingden Close, Harpenden, Hertfordshire, AL5 3EW£995,000£970,000-£25,00001 Nov 202325 Mar 2024145 Days
15 Ennis Close, Harpenden, Hertfordshire, AL5 1SS£600,000£600,000£0009 Oct 202325 Mar 2024168 Days
26 Overstone Road, Harpenden, Hertfordshire, AL5 5PJ£1,050,000£1,000,000-£50,00020 Nov 202314 Mar 2024115 Days
8 Douglas Road, Harpenden, Hertfordshire, AL5 2EW£1,800,000£1,735,000-£65,00001 Jun 202307 Mar 2024280 Days
5 Langdale Avenue, Harpenden, Hertfordshire, AL5 5QU£875,000£860,000-£15,00008 Nov 202306 Mar 2024119 Days
71 Noke Shot, Harpenden, Hertfordshire, AL5 5HS£500,000£500,000£0020 Nov 202329 Feb 2024101 Days
12 West Way, Harpenden, Hertfordshire, AL5 4RD£1,750,000£1,673,500-£76,50022 Jun 202327 Feb 2024250 Days
16 Burnsall Place, Harpenden, Hertfordshire, AL5 1RS£700,000£670,000-£30,00030 Aug 202320 Feb 2024174 Days
4 Stonemason Close, Harpenden, Hertfordshire, AL5 4GB£495,000£490,000-£5,00026 Sep 202320 Feb 2024147 Days
8 Aldwickbury Crescent, Harpenden, Hertfordshire, AL5 5RP£835,000£830,000-£5,00030 Oct 202302 Feb 202495 Days
20 Sir Josephs Walk, Harpenden, Hertfordshire, AL5 2DT£875,000£840,000-£35,00019 May 202302 Feb 2024259 Days

Most Expensive Streets in AL5 (Harpenden)

PostcodeStreetAreaAverageNo. of Sales
AL5 2EEPark Avenue NorthHarpenden£3,566,0005
AL5 2EDPark Avenue NorthHarpenden£3,550,0003
AL5 2PGThe UplandsHarpenden£2,833,3333
AL5 2EAPark Avenue SouthHarpenden£2,829,4785
AL5 2NRHammondswickHarpenden£2,377,1005
AL5 1BYGrange Court RoadHarpenden£2,248,7504
AL5 2DPOrchard AvenueHarpenden£2,205,3333
AL5 2NHThe WarrenHarpenden£1,993,7147
AL5 3AFRoundwood ParkHarpenden£1,945,8336
AL5 2BNThe ChownsHarpenden£1,935,0005

Least Expensive Streets in AL5 (Harpenden)

PostcodeStreetAreaAverageNo. of Sales
AL5 3RAHomedell House, Roundwood LaneHarpenden£154,02518
AL5 5BXLeaside Court, Lower Luton RoadHarpenden£221,5003
AL5 4LZBeeching CloseHarpenden£227,1254
AL5 4UWSt James CourtHarpenden£229,7857
AL5 1LUSherwoods RiseHarpenden£230,8333
AL5 4UHRobin Court, Westfield RoadHarpenden£237,0004
AL5 5FALower Luton RoadHarpenden£246,9378
AL5 4PTClarendon Court, Clarendon RoadHarpenden£255,2927
AL5 4XTBalfour Court, Station RoadHarpenden£264,1427
AL5 5LHYardley Court, Milton RoadHarpenden£271,6663

Explore AL5 (Harpenden) using map

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