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Bushey House Prices Bushey House Prices

The average house price in Bushey is £592,642 using HM Land Registry data.

The average property price increased by £171,019 (32.95%) over the last 5 years and increased by £34,180 (5.21%) over the last 12 months.

Over the last year, there were 232 residential property sales – a decrease of 168 transactions (-72.41%) relative to the previous year. The majority of house sales (47) were in the £540,000 - £670,000 range. Then came properties in the £280,000 - £410,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,143 (-2%).

In April 2024, there were 92 new estate agency instructions, 43 agreed home sales and 48 property price reductions.

Neighbouring Areas: Watford

Postcodes Covered: HA7, WD23, WD25

5-Year Average Property Prices in Bushey

32.95%

Property prices in Bushey increased by 32.95% 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

5.21%

Property prices in Bushey increased by 5.21% 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 - 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 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
15 Milner Court, Bushey, Hertfordshire, WD23 4UB£269,950£130,000-£139,95024 May 202311 Mar 2024292 Days
58 Wayside Avenue, Bushey, Hertfordshire, WD23 4SQ£875,000£875,000£0026 Oct 202329 Feb 2024126 Days
1 Windmill Street, Bushey Heath, Bushey, Hertfordshire, WD23 1NB£550,000£495,000-£55,00011 Oct 202329 Feb 2024141 Days
317 Park Avenue, Bushey, Hertfordshire, WD23 2DR£350,000£350,000£0027 Jul 202326 Feb 2024214 Days
12 Spring Crofts, Bushey, Hertfordshire, WD23 3AR£635,000£620,000-£15,00010 Jul 202320 Feb 2024225 Days
31 Ivinghoe Road, Bushey, Hertfordshire, WD23 4SW£400,000£390,000-£10,00014 Jul 202326 Jan 2024196 Days
15 Grove Hall Road, Bushey, Hertfordshire, WD23 2EH£725,000£700,000-£25,00003 Oct 202315 Jan 2024104 Days
25 Bournehall Avenue, Bushey, Hertfordshire, WD23 3AU£828,000£828,000£0023 May 202312 Jan 2024234 Days
73 Rudolph Road, Bushey, Hertfordshire, WD23 3DX£550,000£530,000-£20,00014 Aug 202312 Jan 2024151 Days
6 Little Martins, Bushey, Hertfordshire, WD23 3BN£545,000£545,000£0004 Oct 202311 Jan 202499 Days
43 Cornfield Road, Bushey, Hertfordshire, WD23 3TD£675,000£665,000-£10,00002 May 202304 Jan 2024247 Days
42 Belmont Road, Bushey, Hertfordshire, WD23 2JP£1,280,000£1,200,000-£80,00004 Apr 202314 Dec 2023254 Days
42 Richfield Road, Bushey, Hertfordshire, WD23 4RQ£740,000£475,000-£265,00005 Sep 202301 Dec 202387 Days
16 Woodlands Road, Bushey, Hertfordshire, WD23 2LR£1,495,000£1,410,000-£85,00027 Mar 202301 Dec 2023249 Days
7 The Rutts, Bushey Heath, Bushey, Hertfordshire, WD23 1LN£780,000£770,000-£10,00029 Jun 202330 Nov 2023154 Days
121 School Lane, Bushey, Hertfordshire, WD23 1BY£435,000£435,000£0030 Jul 202320 Nov 2023113 Days
2 Perry Mead, Bushey, Hertfordshire, WD23 4HW£669,950£662,500-£7,45001 Jul 202320 Nov 2023142 Days
Pinelands, Clay Lane, Bushey Heath, Bushey, Hertfordshire, WD23 1NZ£1,250,000£1,215,000-£35,00007 Jul 202317 Nov 2023133 Days
18 Duncan Way, Bushey, Hertfordshire, WD23 2BQ£450,000£450,000£0026 Dec 202216 Nov 2023325 Days
35 Montague Hall Place, Bushey, Hertfordshire, WD23 1QG£685,000£665,000-£20,00018 May 202315 Nov 2023181 Days

Most Expensive Streets in Bushey

PostcodeStreetAreaAverageNo. of Sales
WD23 1XBElizabeth GroveBushey Heath£1,528,54112
WD23 2LLThe AvenueBushey£1,338,3333
WD23 2LQGrange RoadBushey£1,260,0005
WD25 8EXCanter CloseAldenham£1,245,0004
WD23 2LSWoodlands RoadBushey£1,223,7494
WD23 2LTJames CloseBushey£1,156,6663
WD23 3PNMostyn RoadBushey£1,146,6663
WD23 4NUColdharbour LaneBushey£1,143,3333
WD23 2JRBelmont RoadBushey£1,137,5004
WD23 3AHFinch LaneBushey£1,136,8703

Least Expensive Streets in Bushey

PostcodeStreetAreaAverageNo. of Sales
WD23 3THMoat View CourtBushey£136,8624
WD23 3TJMoat View CourtBushey£153,7857
WD23 1GNHomecedars HouseElstree Road£181,67814
WD23 1GDBelle Vue LaneBushey Heath£215,0004
WD23 3BYMeadowcroftBushey£228,6005
WD23 4UQAshfield AvenueBushey£236,5005
WD23 4XFHerne CourtRichfield Road£238,8336
WD23 1FTClayburyBushey£244,5717
WD23 2HFLambert CourtBushey Grove Road£246,9287
WD23 2BDPark AvenueBushey£265,6427

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