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Bovingdon House Prices Bovingdon House Prices

The average house price in Bovingdon is £640,000 using HM Land Registry data.

The average property price increased by £119,002 (25.05%) over the last 5 years and increased by £23,784 (4.17%) over the last 12 months.

Over the last year, there were 39 residential property sales – a decrease of 32 transactions (-82.05%) relative to the previous year. The majority of house sales (10) were in the £344,000 - £428,000 range. Then came properties in the £428,000 - £512,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,722 (-3%).

In April 2024, there were 16 new estate agency instructions, 6 agreed home sales and 9 property price reductions.

Neighbouring Areas: Hemel Hempstead

Postcodes Covered: HP1, HP3

5-Year Average Property Prices in Bovingdon

25.05%

Property prices in Bovingdon increased by 25.05% 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 Bovingdon Over the Last Year

4.17%

Property prices in Bovingdon increased by 4.17% 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 Bovingdon - 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 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 Bovingdon

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 Bovingdon

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 Bovingdon

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 Bovingdon since 1995

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

Recent Property Sales in Bovingdon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
51 Austins Mead, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0LH£390,000£390,000£0012 Jun 202329 Feb 2024262 Days
7 Hyde Lane, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0EG£600,000£580,000-£20,00006 Sep 202315 Feb 2024162 Days
3 Hunters Close, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0NF£725,000£680,000-£45,00008 Nov 202314 Feb 202498 Days
36 Green Lane, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0HT£650,000£640,000-£10,00026 Oct 202306 Dec 202341 Days
24 Eastnor, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0QL£375,000£363,000-£12,00022 Mar 202317 Nov 2023240 Days
15 Claverton Close, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0QP£600,000£570,000-£30,00026 Jun 202327 Oct 2023123 Days
24 Rymill Close, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0JA£750,000£740,000-£10,00027 Apr 202324 Oct 2023180 Days
32a, Old Dean, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0ET£300,000£300,000£0026 Apr 202316 Oct 2023173 Days
Bramhope, Hempstead Road, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0DS£1,895,000£1,800,000-£95,00006 Feb 202313 Oct 2023249 Days
27 Howard Agne Close, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0EQ£425,000£410,000-£15,00009 Jun 202327 Sep 2023110 Days
8 Hyde Lane, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0EG£475,000£430,000-£45,00026 Apr 202322 Sep 2023149 Days
39 Dinmore, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0QW£695,000£680,000-£15,00020 Apr 202308 Sep 2023141 Days
10 Hyde Lane, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0EG£450,000£425,000-£25,00009 May 202318 Aug 2023101 Days
62 Green Lane, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0JZ£475,000£460,000-£15,00028 Mar 202302 Jun 202366 Days
10 Old Dean, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0EU£440,000£429,340-£10,66023 Dec 202223 May 2023151 Days
9 Balfour Mews, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0SE£275,000£265,000-£10,00030 Sep 202216 May 2023228 Days
1 Claverton Close, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0QP£545,000£518,000-£27,00008 Dec 202209 May 2023152 Days
20 Old Dean, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0EU£575,000£540,000-£35,00023 Jan 202328 Apr 202395 Days
25 Newhouse Road, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0EJ£499,950£480,000-£19,95012 Sep 202206 Apr 2023206 Days
15 Deanfield, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0EW£450,000£435,000-£15,00009 Oct 202204 Apr 2023177 Days

Most Expensive Streets in Bovingdon

PostcodeStreetAreaAverageNo. of Sales
HP3 0DSHempstead RoadBovingdon£1,446,8005
HP3 0NELong LaneBovingdon£1,126,2504
HP3 0JWChipperfield RoadBovingdon£1,009,0004
HP3 0LAGreen LaneBovingdon£931,8005
HP3 0JZGreen LaneBovingdon£780,10410
HP3 0JNChipperfield RoadBovingdon£753,3333
HP3 0LDBovingdon GreenBovingdon£725,0006
HP3 0HUHomefieldBovingdon£711,6663
HP3 0EJNewhouse RoadBovingdon£659,3217
HP3 0HFHempstead RoadBovingdon£631,6663

Least Expensive Streets in Bovingdon

PostcodeStreetAreaAverageNo. of Sales
HP3 0QUBovingdon CourtWindsor Close£187,12414
HP3 0DAHonours MeadBovingdon£198,1878
HP3 0HBHoward Agne CloseBovingdon£226,3336
HP3 0LPVicarage LaneBovingdon£277,0663
HP3 0EXOld DeanBovingdon£279,4005
HP3 0ETOld DeanBovingdon£290,04511
HP3 0ENThe BourneBovingdon£297,1205
HP3 0LHAustins MeadBovingdon£351,3333
HP3 0JEGranville DeneBovingdon£360,2504
HP3 0EDChesham RoadBovingdon£361,6663

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