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Bricket Wood House Prices Bricket Wood House Prices

The average house price in Bricket Wood is £270,000 using HM Land Registry data.

The average property price increased by £148,569 (27.56%) over the last 5 years and increased by £29,693 (4.51%) over the last 12 months.

Over the last year, there were 28 residential property sales – a decrease of 41 transactions (-146.43%) relative to the previous year. The majority of house sales (8) were in the £582,000 - £738,000 range. Then came properties in the £270,000 - £426,000 range, where 5 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,219 (-2%).

In April 2024, there were 10 new estate agency instructions, 5 agreed home sales and 10 property price reductions.

Neighbouring Areas: Chiswell Green, Watford

Postcodes Covered: AL2, WD25

5-Year Average Property Prices in Bricket Wood

27.56%

Property prices in Bricket Wood increased by 27.56% 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 Bricket Wood Over the Last Year

4.51%

Property prices in Bricket Wood increased by 4.51% 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 Bricket Wood - 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 Bricket Wood

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 Bricket Wood

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 Bricket Wood

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 Bricket Wood since 1995

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

Recent Property Sales in Bricket Wood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Jenkins Avenue, Bricket Wood, St Albans, Hertfordshire, AL2 3SQ£595,000£360,000-£235,00016 Jun 201524 Nov 20233083 Days
30 Reynards Way, Bricket Wood, St Albans, Hertfordshire, AL2 3SF£690,000£685,000-£5,00012 Jul 202331 Oct 2023111 Days
2 Reynards Way, Bricket Wood, St Albans, Hertfordshire, AL2 3SF£700,000£690,000-£10,00017 May 202325 Oct 2023161 Days
26 West Riding, Bricket Wood, St Albans, Hertfordshire, AL2 3QP£750,000£750,000£0013 Mar 202327 Sep 2023198 Days
34 West Riding, Bricket Wood, St Albans, Hertfordshire, AL2 3QW£585,000£560,000-£25,00025 Apr 202315 Sep 2023143 Days
12 The Meads, Bricket Wood, St Albans, Hertfordshire, AL2 3QJ£775,000£750,000-£25,00004 Feb 202313 Sep 2023221 Days
53 Oakwood Road, Bricket Wood, St Albans, Hertfordshire, AL2 3PZ£1,295,000£1,190,000-£105,00013 Mar 202313 Sep 2023184 Days
58 West Riding, Bricket Wood, St Albans, Hertfordshire, AL2 3QQ£700,000£690,000-£10,00010 Mar 202318 Aug 2023161 Days
9 West Riding, Bricket Wood, St Albans, Hertfordshire, AL2 3QR£925,000£915,000-£10,00003 Apr 202318 Aug 2023137 Days
39 West Riding, Bricket Wood, St Albans, Hertfordshire, AL2 3QD£740,000£735,000-£5,00003 Feb 202320 Jun 2023137 Days
4a, Rowan Close, Bricket Wood, St Albans, Hertfordshire, AL2 3XP£775,000£750,000-£25,00014 Nov 202231 Mar 2023137 Days
10 Claremont, Bricket Wood, St Albans, Hertfordshire, AL2 3LS£535,000£530,000-£5,00014 Oct 202222 Mar 2023159 Days
7 The Meads, Bricket Wood, St Albans, Hertfordshire, AL2 3QJ£625,000£590,000-£35,00026 Oct 202213 Mar 2023138 Days
8 The Meads, Bricket Wood, St Albans, Hertfordshire, AL2 3QJ£720,000£720,000£0016 Nov 202213 Mar 2023117 Days
2 Stratford Way, Bricket Wood, St Albans, Hertfordshire, AL2 3PB£825,000£775,000-£50,00029 Sep 202216 Feb 2023140 Days
3 Short Lane, Bricket Wood, St Albans, Hertfordshire, AL2 3SE£595,000£575,000-£20,00027 Sep 202210 Feb 2023136 Days
10 Bluebird Way, Bricket Wood, St Albans, Hertfordshire, AL2 3UH£1,050,000£1,050,000£0022 Aug 202212 Jan 2023143 Days
3 Bluebird Way, Bricket Wood, St Albans, Hertfordshire, AL2 3UH£1,250,000£1,225,000-£25,00004 Jul 202221 Dec 2022170 Days
Flat 12, Ronald Court, Oakwood Road, Bricket Wood, St Albans, Hertfordshire, AL2 3ET£250,000£237,000-£13,00025 Oct 202215 Dec 202251 Days
24 Larch Avenue, Bricket Wood, St Albans, Hertfordshire, AL2 3SN£450,000£440,000-£10,00002 Sep 202221 Nov 202280 Days

Most Expensive Streets in Bricket Wood

PostcodeStreetAreaAverageNo. of Sales
AL2 3UHBluebird WayBricket Wood£1,111,6663
AL2 3PZOakwood RoadBricket Wood£1,010,3333
AL2 3XDMount Pleasant LaneBricket Wood£916,0005
AL2 3QAOakwood RoadBricket Wood£898,3333
AL2 3XWMount Pleasant LaneBricket Wood£831,6663
AL2 3DXFerndeneBricket Wood£740,0003
AL2 3UXMount Pleasant LaneBricket Wood£711,5007
AL2 3FHBarnes Wallis WayBricket Wood£681,35218
AL2 3XGWildwood AvenueBricket Wood£668,7504
AL2 3XJBucknalls DriveBricket Wood£668,3336

Least Expensive Streets in Bricket Wood

PostcodeStreetAreaAverageNo. of Sales
AL2 3ETRonald CourtOakwood Road£253,5004
AL2 3NQRussell CourtBricket Wood£270,7405
AL2 3LWBlack Boy WoodBricket Wood£274,4874
AL2 3FBOld Watford RoadBricket Wood£284,3754
AL2 3SFReynards WayBricket Wood£430,4605
AL2 3LUClaremontBricket Wood£434,8754
AL2 3LRJuniper AvenueBricket Wood£442,6254
AL2 3LNBlack Boy WoodBricket Wood£468,8005
AL2 3LGOak AvenueBricket Wood£479,0003
AL2 3LTClaremontBricket Wood£486,2504

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