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Stanmore House Prices Stanmore House Prices

The average house price in Stanmore is £552,769 using HM Land Registry data.

The average property price increased by £188,500 (32.5%) over the last 5 years and increased by £37,674 (5.15%) over the last 12 months.

Over the last year, there were 190 residential property sales – a decrease of 133 transactions (-70.00%) relative to the previous year. The majority of house sales (50) were in the £290,000 - £492,000 range. Then came properties in the £492,000 - £694,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,006 (-2%).

In April 2024, there were 75 new estate agency instructions, 32 agreed home sales and 46 property price reductions.

Neighbouring Areas: Harrow, Edgware

Postcodes Covered: HA3, HA7, HA8, WD23

5-Year Average Property Prices in Stanmore

32.5%

Property prices in Stanmore increased by 32.5% 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 Stanmore Over the Last Year

5.15%

Property prices in Stanmore increased by 5.15% 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 Stanmore - April 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 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 Stanmore

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 Stanmore

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 Stanmore

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 Stanmore since 1995

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

Recent Property Sales in Stanmore

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 London Road, Stanmore, Greater London, HA7 4PA£999,999£875,000-£124,99912 Jul 202308 Mar 2024240 Days
50 Formby Avenue, Stanmore, Greater London, HA7 2JZ£650,000£625,000-£25,00017 Oct 202329 Feb 2024135 Days
102 Marsh Lane, Stanmore, Greater London, HA7 4HP£710,000£695,000-£15,00002 Aug 202318 Jan 2024169 Days
56 Elm Park, Stanmore, Greater London, HA7 4BJ£1,100,000£962,500-£137,50020 Apr 202319 Dec 2023243 Days
30 Lamorna Grove, Stanmore, Greater London, HA7 1PQ£499,950£475,000-£24,95029 Aug 202314 Dec 2023107 Days
63 Morley Crescent West, Stanmore, Greater London, HA7 2LL£650,000£635,000-£15,00005 May 202314 Dec 2023223 Days
38 Lodge Close, Edgware, Greater London, HA8 7RL£470,000£460,000-£10,00014 Jul 202314 Dec 2023153 Days
9 Ash Close, Stanmore, Greater London, HA7 3RH£1,250,000£1,100,000-£150,00013 Apr 202305 Dec 2023236 Days
111 Green Lane, Stanmore, Greater London, HA7 3AD£1,395,000£1,325,000-£70,00020 Jun 202330 Nov 2023163 Days
74 Pangbourne Drive, Stanmore, Greater London, HA7 4RB£1,200,000£1,190,000-£10,00026 Jul 202323 Nov 2023120 Days
599 Honeypot Lane, Stanmore, Greater London, HA7 1JQ£360,000£335,000-£25,00011 Oct 202324 Oct 202313 Days
14 Chestnut Avenue, Edgware, Greater London, HA8 7RA£990,000£980,000-£10,00006 Jun 202323 Oct 2023139 Days
148 Cheyneys Avenue, Edgware, Greater London, HA8 6SE£735,000£710,000-£25,00005 Oct 202219 Oct 2023379 Days
7 Berry Hill, Stanmore, Greater London, HA7 4NY£1,395,000£1,240,000-£155,00027 Jan 202329 Sep 2023245 Days
28 Ashdale Grove, Stanmore, Greater London, HA7 3SB£550,000£510,000-£40,00010 May 202312 Sep 2023125 Days
196 Kenton Lane, Harrow, Greater London, HA3 8SX£595,000£280,000-£315,00011 Jul 202307 Sep 202358 Days
22 Uppingham Avenue, Stanmore, Greater London, HA7 2JY£650,000£625,000-£25,00015 May 202307 Sep 2023115 Days
10 Powell Close, Edgware, Greater London, HA8 7QU£1,050,000£1,050,000£0021 Mar 202324 Aug 2023156 Days
53 Dorset Drive, Edgware, Greater London, HA8 7NT£2,250,000£2,200,000-£50,00017 Feb 202322 Aug 2023186 Days
42 Lady Aylesford Avenue, Stanmore, Greater London, HA7 4FH£635,000£622,500-£12,50019 Jul 202318 Aug 202330 Days

Most Expensive Streets in Stanmore

PostcodeStreetAreaAverageNo. of Sales
HA7 3ENAdelaide CloseStanmore£2,588,0624
HA7 3EGAylmer DriveStanmore£2,456,6663
HA8 7RDCanons DriveEdgware£2,006,6663
HA7 4NWGlanleam RoadStanmore£1,780,0003
HA7 3EJAylmer DriveStanmore£1,758,3333
HA7 3QDGordon AvenueStanmore£1,625,0005
HA7 4PZJulius Caesar WayStanmore£1,603,3005
HA7 3RPBentley WayStanmore£1,575,0004
HA8 7QXCanons DriveEdgware£1,528,3333
HA8 7NTDorset DriveEdgware£1,516,5003

Least Expensive Streets in Stanmore

PostcodeStreetAreaAverageNo. of Sales
HA7 4ZECapel CrescentStanmore£114,4378
HA7 1FNBrindley CourtLetchworth Road£219,2005
HA3 8RLQueens CourtKenton Lane£223,3333
HA8 7TBStonegrove CourtStonegrove£224,3853
HA7 1FLBrindley CourtHitchin Lane£234,1663
HA7 3AACherchefelle MewsStanmore£258,6005
HA7 4SYPembroke LodgeStanmore£259,4378
HA7 2SEThe SeasonsSeptember Way£261,0003
HA7 3BQStanmore HillStanmore£285,97236
HA7 1GDDukes CourtHoward Road£287,9523

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