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Bushey House Prices Bushey House Prices

The average house price in Bushey is £531,835 using HM Land Registry data.

The average property price increased by £126,510 (23.04%) over the last 5 years and increased by £25,349 (3.9%) over the last 12 months.

Over the last year, there were 274 residential property sales – a decrease of 49 transactions (-17.88%) relative to the previous year. The majority of house sales (59) were in the £270,000 - £406,000 range. Then came properties in the £406,000 - £542,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 146 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,727 (-3%).

In Dec 24, there were 37 new estate agency instructions, 27 agreed home sales and 31 property price reductions.

Neighbouring Areas: Watford

Postcodes Covered: HA7, WD23, WD25

5-Year Average Property Prices in Bushey

23.04%

Property prices in Bushey increased by 23.04% 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 Bushey Over the Last Year

3.9%

Property prices in Bushey increased by 3.9% 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 Bushey - Dec 24

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 Bushey

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 Bushey

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 Bushey

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 Bushey since 1995

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

Recent Property Sales in Bushey

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
57 Elstree Road, Bushey Heath, Bushey, Hertfordshire, WD23 4GJ£849,950£800,000-£49,95004 Sep 202415 Nov 202472 Days
40 Ashdon Road, Bushey, Hertfordshire, WD23 2HX£439,950£425,000-£14,95005 Mar 202415 Nov 2024255 Days
1b, Springfield, Bushey Heath, Bushey, Hertfordshire, WD23 1GL£425,000£409,000-£16,00019 Mar 202401 Nov 2024227 Days
104 Park Avenue, Bushey, Hertfordshire, WD23 2BB£650,000£630,000-£20,00008 Jul 202428 Oct 2024112 Days
22 Mortimer Close, Bushey, Hertfordshire, WD23 4UH£265,000£265,000£0018 Jul 202428 Oct 2024102 Days
25 Wellsfield, Bushey, Hertfordshire, WD23 2NU£350,000£350,000£0015 May 202428 Oct 2024166 Days
37 Ivinghoe Road, Bushey, Hertfordshire, WD23 4SW£475,000£445,000-£30,00004 Jun 202423 Oct 2024141 Days
25 Sparrows Herne, Bushey, Hertfordshire, WD23 1AD£420,000£405,000-£15,00025 Oct 202321 Oct 2024362 Days
25 The Rutts, Bushey Heath, Bushey, Hertfordshire, WD23 1LN£485,000£460,750-£24,25027 Sep 202418 Oct 202421 Days
27 Kimble Crescent, Bushey, Hertfordshire, WD23 4SR£700,000£700,000£0025 Apr 202418 Oct 2024176 Days
18 Springfield, Bushey Heath, Bushey, Hertfordshire, WD23 1GL£685,000£672,500-£12,50007 Jul 202318 Oct 2024469 Days
39 Prowse Avenue, Bushey Heath, Bushey, Hertfordshire, WD23 1LB£2,199,995£1,775,000-£424,99525 Aug 201717 Oct 20242610 Days
Flat 43, Homecedars House, Elstree Road, Bushey Heath, Bushey, Hertfordshire, WD23 1GN£110,000£103,000-£7,00011 Apr 202417 Oct 2024189 Days
52 Melbourne Road, Bushey, Hertfordshire, WD23 3LN£675,000£642,500-£32,50026 Dec 202319 Aug 2024237 Days
1 Belmont Road, Bushey, Hertfordshire, WD23 2JT£950,000£920,000-£30,00028 Mar 202419 Aug 2024144 Days
16 Greensward, Bushey, Hertfordshire, WD23 4UL£415,000£405,000-£10,00006 Mar 202416 Aug 2024163 Days
28 Coldharbour Lane, Bushey, Hertfordshire, WD23 4NS£515,000£495,000-£20,00015 Apr 202414 Aug 2024121 Days
12 Church Walk, Bushey, Hertfordshire, WD23 3BW£250,000£250,000£0009 Apr 202412 Aug 2024125 Days
13 Coombe Road, Bushey, Hertfordshire, WD23 4SP£735,000£700,000-£35,00027 Dec 202309 Aug 2024226 Days
1 Cheviot Close, Bushey, Hertfordshire, WD23 4QW£635,000£625,000-£10,00022 Apr 202406 Aug 2024106 Days

Most Expensive Streets in Bushey

PostcodeStreetAreaAverageNo. of Sales
WD23 1LBProwse AvenueBushey Heath£1,656,6663
WD23 1XBElizabeth GroveBushey Heath£1,485,42119
WD25 8EXCanter CloseAldenham£1,213,3333
WD23 2LQGrange RoadBushey£1,175,0003
WD23 2LSWoodlands RoadBushey£1,165,2857
WD23 3PNMostyn RoadBushey£1,146,6663
WD23 4NUColdharbour LaneBushey£1,143,3333
WD23 3AHFinch LaneBushey£1,136,8703
WD23 4PZChiltern CloseBushey£1,119,4005
WD23 2JRBelmont RoadBushey£1,098,0005

Least Expensive Streets in Bushey

PostcodeStreetAreaAverageNo. of Sales
WD23 3THMoat View CourtBushey£136,8624
WD23 3TJMoat View CourtBushey£145,5005
WD23 1GNHomecedars HouseElstree Road£162,87512
WD23 3BYMeadowcroftBushey£210,9166
WD23 4UBMilner CourtBushey£217,8333
WD23 4UGBaird CloseBushey£220,0004
WD23 4XFHerne CourtRichfield Road£226,5007
WD23 4UQAshfield AvenueBushey£233,1254
WD23 2HFLambert CourtBushey Grove Road£246,9287
WD23 2BDPark AvenueBushey£248,4688

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