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Berkhamsted House Prices Berkhamsted House Prices

The average house price in Berkhamsted is £838,166 using HM Land Registry data.

The average property price increased by £153,207 (24.62%) over the last 5 years and increased by £30,620 (4.11%) over the last 12 months.

Over the last year, there were 227 residential property sales – a decrease of 128 transactions (-56.39%) relative to the previous year. The majority of house sales (56) were in the £340,000 - £536,000 range. Then came properties in the £536,000 - £732,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-32,740 (-3%).

In April 2024, there were 72 new estate agency instructions, 42 agreed home sales and 12 property price reductions.

Postcodes Covered: HP4

5-Year Average Property Prices in Berkhamsted

24.62%

Property prices in Berkhamsted increased by 24.62% 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 Berkhamsted Over the Last Year

4.11%

Property prices in Berkhamsted increased by 4.11% 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 Berkhamsted - 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 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 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 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 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 Berkhamsted since 1995

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

Recent Property Sales in Berkhamsted

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Lincoln Court, Berkhamsted, Hertfordshire, HP4 3EN£300,000£290,000-£10,00003 Oct 202312 Mar 2024161 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
38 Merling Croft, Northchurch, Berkhamsted, Hertfordshire, HP4 3XB£525,000£490,000-£35,00017 Jul 202325 Jan 2024192 Days
3 Hunters Park, Berkhamsted, Hertfordshire, HP4 2PT£1,700,000£1,525,000-£175,00010 Jun 202304 Jan 2024208 Days
Romney, Seymour Road, Northchurch, Berkhamsted, Hertfordshire, HP4 3RQ£625,000£450,000-£175,00018 May 202318 Dec 2023214 Days
17 Gravel Path, Berkhamsted, Hertfordshire, HP4 2EF£799,000£787,000-£12,00021 Sep 202314 Dec 202384 Days
26 Trevelyan Way, Berkhamsted, Hertfordshire, HP4 1JH£775,000£737,500-£37,50026 May 202314 Dec 2023202 Days
Ashcombe House, Kingshill Way, Berkhamsted, Hertfordshire, HP4 3TP£1,350,000£1,315,000-£35,00003 Oct 202307 Dec 202365 Days
111 George Street, Berkhamsted, Hertfordshire, HP4 2EJ£725,000£725,000£0027 Jun 202324 Nov 2023150 Days
68 London Road, Berkhamsted, Hertfordshire, HP4 2NF£775,000£750,000-£25,00028 Jun 202321 Nov 2023146 Days
5 Manor Street, Berkhamsted, Hertfordshire, HP4 2BN£510,000£510,000£0014 Apr 202331 Oct 2023200 Days
30 Upper Ashlyns Road, Berkhamsted, Hertfordshire, HP4 3BW£850,000£850,000£0007 Jun 202331 Oct 2023146 Days
12 Greenway, Berkhamsted, Hertfordshire, HP4 3JD£570,000£545,000-£25,00029 Nov 202227 Oct 2023332 Days
52 High Street, Berkhamsted, Hertfordshire, HP4 2BP£525,000£500,000-£25,00027 Apr 202326 Oct 2023182 Days
33 Victoria Road, Berkhamsted, Hertfordshire, HP4 2JT£499,500£495,000-£4,50013 Jun 202320 Oct 2023129 Days
2 Princes Close, Berkhamsted, Hertfordshire, HP4 1JS£675,000£655,000-£20,00009 Jun 202320 Oct 2023133 Days
83 Cross Oak Road, Berkhamsted, Hertfordshire, HP4 3HZ£700,000£635,000-£65,00028 Feb 202319 Oct 2023233 Days
6 Dukes Way, Berkhamsted, Hertfordshire, HP4 1JP£499,950£450,000-£49,95003 Jul 202318 Oct 2023107 Days
79 Hilltop Road, Berkhamsted, Hertfordshire, HP4 2HP£450,000£440,000-£10,00029 May 202313 Oct 2023137 Days

Most Expensive Streets in Berkhamsted

PostcodeStreetAreaAverageNo. of Sales
HP4 2PLMeadwayBerkhamsted£3,536,6663
HP4 3JBCross Oak RoadBerkhamsted£2,084,0003
HP4 1HECastle HillBerkhamsted£1,870,0003
HP4 3BNAshlyns RoadBerkhamsted£1,597,7506
HP4 3NLBarncroft RoadBerkhamsted£1,540,3626
HP4 2PJGravel PathBerkhamsted£1,540,0003
HP4 3NWShootersway LaneBerkhamsted£1,525,0008
HP4 2PBMillfieldBerkhamsted£1,491,9004
HP4 3TPKingshill WayBerkhamsted£1,481,7628
HP4 3JAAnglefield RoadBerkhamsted£1,422,5004

Least Expensive Streets in Berkhamsted

PostcodeStreetAreaAverageNo. of Sales
HP4 2JEBridge CourtBridge Street, Berkhamsted£206,8754
HP4 3EDNightingale LodgeCowper Road£218,8758
HP4 3ZETurner CourtHigh Street, Berkhamsted£222,3729
HP4 2HQPheasant CloseBerkhamsted£224,6254
HP4 1ATGilhams CourtHigh Street, Berkhamsted£251,02716
HP4 1FDCallard HouseHigh Street, Berkhamsted£255,6666
HP4 1EZChiltern Park AvenueBerkhamsted£256,1427
HP4 3ALCavalier CourtChesham Road£263,8513
HP4 1FGSheldon WayBerkhamsted£271,1787
HP4 2DTBerkley CourtMill Street, Berkhamsted£280,8334

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