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Chiswell Green House Prices Chiswell Green House Prices

The average house price in Chiswell Green is £620,000 using HM Land Registry data.

The average property price increased by £147,108 (24.74%) over the last 5 years and increased by £29,401 (4.13%) over the last 12 months.

Over the last year, there were 61 residential property sales – a decrease of 34 transactions (-55.74%) relative to the previous year. The majority of house sales (19) were in the £536,000 - £662,000 range. Then came properties in the £662,000 - £788,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-25,578 (-3%).

In April 2024, there were 12 new estate agency instructions, 6 agreed home sales and 13 property price reductions.

Neighbouring Areas: St Albans, Bricket Wood

Postcodes Covered: AL2

5-Year Average Property Prices in Chiswell Green

24.74%

Property prices in Chiswell Green increased by 24.74% 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 Chiswell Green Over the Last Year

4.13%

Property prices in Chiswell Green increased by 4.13% 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 Chiswell Green - 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 Chiswell Green

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 Chiswell Green

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 Chiswell Green

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 Chiswell Green since 1995

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

Recent Property Sales in Chiswell Green

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Willow Way, St Albans, Hertfordshire, AL2 3DQ£575,000£563,500-£11,50010 Oct 202222 Feb 2024500 Days
170 Watford Road, St Albans, Hertfordshire, AL2 3EB£650,000£645,000-£5,00027 Jun 202318 Jan 2024205 Days
523 Watford Road, St Albans, Hertfordshire, AL2 3DU£700,000£550,000-£150,00029 Jun 202303 Jan 2024188 Days
25 Chiswell Green Lane, St Albans, Hertfordshire, AL2 3AJ£625,000£625,000£0018 Sep 202320 Dec 202393 Days
1a, Barry Close, St Albans, Hertfordshire, AL2 3HN£700,000£660,000-£40,00021 Jun 202330 Nov 2023162 Days
15 Woodlands, Park Street, St Albans, Hertfordshire, AL2 2AD£425,000£425,000£0005 Jun 202315 Nov 2023163 Days
108 Watford Road, St Albans, Hertfordshire, AL2 3JZ£635,000£595,000-£40,00027 Apr 202314 Nov 2023201 Days
29 Penn Road, Park Street, St Albans, Hertfordshire, AL2 2QT£900,000£820,000-£80,00016 Jul 202310 Nov 2023117 Days
40 Spooners Drive, Park Street, St Albans, Hertfordshire, AL2 2HL£620,000£610,000-£10,00016 Jun 202307 Nov 2023144 Days
33 Dell Rise, Park Street, St Albans, Hertfordshire, AL2 2QJ£565,000£540,000-£25,00023 Mar 202302 Oct 2023193 Days
32 Mayflower Road, Park Street, St Albans, Hertfordshire, AL2 2QW£725,000£691,000-£34,00022 Feb 202329 Sep 2023219 Days
136 Park Street Lane, Park Street, St Albans, Hertfordshire, AL2 2AU£575,000£535,000-£40,00027 Apr 202322 Sep 2023148 Days
32 Laburnum Grove, St Albans, Hertfordshire, AL2 3HQ£1,400,000£1,360,000-£40,00015 May 202308 Sep 2023116 Days
16 South Close, St Albans, Hertfordshire, AL2 3HE£350,000£330,000-£20,00024 Jan 202308 Sep 2023227 Days
5 Mayflower Road, Park Street, St Albans, Hertfordshire, AL2 2QP£675,000£655,000-£20,00020 Jan 202301 Sep 2023224 Days
20 Forge End, St Albans, Hertfordshire, AL2 3EQ£850,000£832,000-£18,00014 Nov 202215 Aug 2023274 Days
67a, Mayflower Road, Park Street, St Albans, Hertfordshire, AL2 2QN£800,000£800,000£0010 Mar 202308 Aug 2023151 Days
17 Tippendell Lane, St Albans, Hertfordshire, AL2 3HW£800,000£795,000-£5,00010 May 202328 Jul 202379 Days
369 Watford Road, St Albans, Hertfordshire, AL2 3DD£825,000£800,000-£25,00028 Feb 202311 Jul 2023133 Days
151 Park Street Lane, Park Street, St Albans, Hertfordshire, AL2 2AZ£725,000£640,000-£85,00005 Apr 202328 Jun 202384 Days

Most Expensive Streets in Chiswell Green

PostcodeStreetAreaAverageNo. of Sales
AL2 2DSNorth Orbital RoadSt Albans£1,283,3333
AL2 2BAPark Street LanePark Street, St Albans£1,136,0005
AL2 2QWMayflower RoadPark Street, St Albans£1,052,1254
AL2 3HWTippendell LaneSt Albans£958,4287
AL2 2TBHomestead CloseSt Albans£951,3754
AL2 3LDRagged Hall LaneSt Albans£950,2427
AL2 3LBRagged Hall LaneSt Albans£923,6663
AL2 2HTThe MallPark Street, St Albans£901,2504
AL2 3JZWatford RoadSt Albans£887,50010
AL2 3HSFarringford CloseSt Albans£885,0004

Least Expensive Streets in Chiswell Green

PostcodeStreetAreaAverageNo. of Sales
AL2 2LJAlbany MewsSt Albans£207,5003
AL2 3DTLarks RidgeSt Albans£226,5005
AL2 3EZWoodleaSt Albans£315,9508
AL2 3ALChiswell Green LaneSt Albans£366,0833
AL2 3HYTennyson RoadSt Albans£394,2005
AL2 2ADWoodlandsPark Street, St Albans£397,4916
AL2 2QYHow WoodPark Street, St Albans£409,4005
AL2 2RUWood EndPark Street, St Albans£425,7005
AL2 3HXTennyson RoadSt Albans£429,6005
AL2 3HESouth CloseSt Albans£435,0004

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