House Prices in HP4 House Prices in HP4 (Berkhamsted)

The average house price in HP4 (Berkhamsted) is £705,334 using HM Land Registry data.

The average property price increased by £125,620 (7.72%) over the last 5 years and increased by £25,113 (1.33%) over the last 12 months.

Over the last year, there were 261 residential property sales – a decrease of 151 transactions (-57.85%) relative to the previous year. The majority of house sales (76) were in the £350,000 - £560,000 range. Then came properties in the £560,000 - £770,000 range, where 63 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-32,740 (-3%).

In June 2024, there were 51 new estate agency instructions, 39 agreed home sales and 28 property price reductions.

5-Year Average Property Prices in HP4 (Berkhamsted)

7.72%

Property prices in Berkhamsted increased by 7.72% 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 HP4 (Berkhamsted) Over the Last Year

1.33%

Property prices in Berkhamsted increased by 1.33% 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 HP4 (Berkhamsted) - 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 HP4 (Berkhamsted)

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 HP4 (Berkhamsted)

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 HP4 (Berkhamsted)

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 HP4 (Berkhamsted) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HP4 postcode area since 1995.

Recent Sales in HP4 (Berkhamsted)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Dell Field Close, Berkhamsted, Hertfordshire, HP4 1DS£735,000£700,000-£35,00026 Dec 202317 May 2024143 Days
67a, Kings Road, Berkhamsted, Hertfordshire, HP4 3BP£1,600,000£1,550,000-£50,00026 Feb 202403 May 202467 Days
20 Millfield, Berkhamsted, Hertfordshire, HP4 2PB£1,395,000£1,300,000-£95,00021 Sep 202301 May 2024223 Days
21 Priory Gardens, Berkhamsted, Hertfordshire, HP4 2DS£625,000£595,000-£30,00007 Sep 202328 Mar 2024203 Days
1 Britwell Drive, Berkhamsted, Hertfordshire, HP4 2GR£600,000£535,000-£65,00014 Aug 202326 Mar 2024225 Days
4 Londrina Terrace, Berkhamsted, Hertfordshire, HP4 2NA£700,000£675,000-£25,00015 Sep 202321 Mar 2024188 Days
50 Hilltop Road, Berkhamsted, Hertfordshire, HP4 2HN£475,000£467,500-£7,50004 Oct 202318 Mar 2024166 Days
5 Red Lodge Gardens, Berkhamsted, Hertfordshire, HP4 3LW£1,200,000£1,165,000-£35,00027 Apr 202315 Mar 2024323 Days
4 Kitsbury Terrace, Berkhamsted, Hertfordshire, HP4 3EE£1,000,000£948,500-£51,50013 Jun 202313 Mar 2024274 Days
12 Lincoln Court, Berkhamsted, Hertfordshire, HP4 3EN£300,000£290,000-£10,00003 Oct 202312 Mar 2024161 Days
6 Costins Walk, Berkhamsted, Hertfordshire, HP4 2WG£800,000£795,000-£5,00007 Sep 202308 Mar 2024183 Days
1 The Larches, Berkhamsted, Hertfordshire, HP4 3TX£795,000£770,000-£25,00001 Nov 202301 Mar 2024121 Days
10 Lombardy Drive, Berkhamsted, Hertfordshire, HP4 2LG£885,000£885,000£0001 Nov 202322 Feb 2024113 Days
4 Verney Close, Berkhamsted, Hertfordshire, HP4 3JS£400,000£400,000£0018 Oct 202312 Feb 2024117 Days
31 Durrants Road, Berkhamsted, Hertfordshire, HP4 3PG£575,000£555,000-£20,00025 Sep 202326 Jan 2024123 Days
4 Bridle Way, Berkhamsted, Hertfordshire, HP4 1BS£715,000£709,100-£5,90022 Aug 202326 Jan 2024157 Days
38 Merling Croft, Northchurch, Berkhamsted, Hertfordshire, HP4 3XB£525,000£490,000-£35,00017 Jul 202325 Jan 2024192 Days
52 Granville Road, Northchurch, Berkhamsted, Hertfordshire, HP4 3RN£550,000£532,500-£17,50019 Sep 202325 Jan 2024128 Days
6 Hall Park, Berkhamsted, Hertfordshire, HP4 2NU£1,400,000£1,350,000-£50,00002 Aug 202310 Jan 2024161 Days
39 Victoria Road, Berkhamsted, Hertfordshire, HP4 2JT£395,000£370,000-£25,00003 Aug 202305 Jan 2024155 Days

Most Expensive Streets in HP4 (Berkhamsted)

PostcodeStreetAreaAverageNo. of Sales
HP4 2PLMeadwayBerkhamsted£3,258,7504
HP4 1HECastle HillBerkhamsted£2,383,7504
HP4 3JBCross Oak RoadBerkhamsted£2,084,0003
HP4 2QJHempstead Lane, Potten EndBerkhamsted£1,933,3333
HP4 2RYLittle Heath Lane, Potten EndBerkhamsted£1,805,4166
HP4 3BNAshlyns RoadBerkhamsted£1,597,7506
HP4 2PPIvy House LaneBerkhamsted£1,575,8336
HP4 3NLBarncroft RoadBerkhamsted£1,540,3626
HP4 2PJGravel PathBerkhamsted£1,540,0003
HP4 3NWShootersway LaneBerkhamsted£1,525,0008

Least Expensive Streets in HP4 (Berkhamsted)

PostcodeStreetAreaAverageNo. of Sales
HP4 2JEBridge Court, Bridge Street, BerkhamstedBerkhamsted£206,8754
HP4 3EDNightingale Lodge, Cowper RoadBerkhamsted£218,8758
HP4 3ZETurner Court, High Street, BerkhamstedBerkhamsted£222,3729
HP4 2HQPheasant CloseBerkhamsted£224,6254
HP4 1ATGilhams Court, High Street, BerkhamstedBerkhamsted£251,02716
HP4 1FDCallard House, High Street, BerkhamstedBerkhamsted£255,6666
HP4 1EZChiltern Park AvenueBerkhamsted£256,1427
HP4 3ALCavalier Court, Chesham RoadBerkhamsted£263,8513
HP4 2DTBerkley Court, Mill Street, BerkhamstedBerkhamsted£280,8334
HP4 3XJEmerton Garth, NorthchurchBerkhamsted£282,14011

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