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Harpenden House Prices Harpenden House Prices

The average house price in Harpenden is £755,909 using HM Land Registry data.

The average property price increased by £188,311 (24.16%) over the last 5 years and increased by £37,636 (4.05%) over the last 12 months.

Over the last year, there were 376 residential property sales – a decrease of 130 transactions (-34.57%) relative to the previous year. The majority of house sales (105) were in the £584,000 - £858,000 range. Then came properties in the £310,000 - £584,000 range, where 76 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-34,966 (-3%).

In April 2024, there were 93 new estate agency instructions, 50 agreed home sales and 26 property price reductions.

Postcodes Covered: AL5

5-Year Average Property Prices in Harpenden

24.16%

Property prices in Harpenden increased by 24.16% 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 Harpenden Over the Last Year

4.05%

Property prices in Harpenden increased by 4.05% 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 Harpenden - 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 Harpenden

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 Harpenden

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 Harpenden

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 Harpenden since 1995

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

Recent Property Sales in Harpenden

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Douglas Road, Harpenden, Hertfordshire, AL5 2EW£1,800,000£1,735,000-£65,00001 Jun 202307 Mar 2024280 Days
5 Langdale Avenue, Harpenden, Hertfordshire, AL5 5QU£875,000£860,000-£15,00008 Nov 202306 Mar 2024119 Days
71 Noke Shot, Harpenden, Hertfordshire, AL5 5HS£500,000£500,000£0020 Nov 202329 Feb 2024101 Days
12 West Way, Harpenden, Hertfordshire, AL5 4RD£1,750,000£1,673,500-£76,50022 Jun 202327 Feb 2024250 Days
16 Burnsall Place, Harpenden, Hertfordshire, AL5 1RS£700,000£670,000-£30,00030 Aug 202320 Feb 2024174 Days
4 Stonemason Close, Harpenden, Hertfordshire, AL5 4GB£495,000£490,000-£5,00026 Sep 202320 Feb 2024147 Days
8 Aldwickbury Crescent, Harpenden, Hertfordshire, AL5 5RP£835,000£830,000-£5,00030 Oct 202302 Feb 202495 Days
20 Sir Josephs Walk, Harpenden, Hertfordshire, AL5 2DT£875,000£840,000-£35,00019 May 202302 Feb 2024259 Days
4 Beeching Close, Harpenden, Hertfordshire, AL5 4LZ£250,000£250,000£0007 Nov 202329 Jan 202483 Days
62 Tallents Crescent, Harpenden, Hertfordshire, AL5 5BS£335,000£330,000-£5,00015 Aug 202319 Jan 2024157 Days
18 Tintern Close, Harpenden, Hertfordshire, AL5 3NZ£695,000£690,000-£5,00004 Sep 202315 Jan 2024133 Days
22 West Common Way, Harpenden, Hertfordshire, AL5 2LG£2,775,000£2,700,000-£75,00029 Aug 202309 Jan 2024133 Days
45 Eastcote Drive, Harpenden, Hertfordshire, AL5 1SE£725,000£695,000-£30,00028 Jul 202320 Dec 2023145 Days
10 Cornwall Road, Harpenden, Hertfordshire, AL5 4TH£750,000£700,000-£50,00007 Sep 202315 Dec 202399 Days
8 Ridge Avenue, Harpenden, Hertfordshire, AL5 3LU£699,950£675,000-£24,95028 Jul 202311 Dec 2023136 Days
3 Barrons Row, Harpenden, Hertfordshire, AL5 1SD£650,000£640,000-£10,00003 Jul 202308 Dec 2023158 Days
94 Overstone Road, Harpenden, Hertfordshire, AL5 5PL£460,000£415,000-£45,00002 Mar 202305 Dec 2023278 Days
6 Lilac Way, Harpenden, Hertfordshire, AL5 1SQ£825,000£823,000-£2,00027 Apr 202330 Nov 2023217 Days
61 Leycroft Way, Harpenden, Hertfordshire, AL5 1JP£850,000£800,000-£50,00004 Sep 202330 Nov 202387 Days
63 Derwent Road, Harpenden, Hertfordshire, AL5 3NY£995,000£975,000-£20,00016 Oct 202329 Nov 202344 Days

Most Expensive Streets in Harpenden

PostcodeStreetAreaAverageNo. of Sales
AL5 2EEPark Avenue NorthHarpenden£3,566,0005
AL5 2EDPark Avenue NorthHarpenden£3,550,0003
AL5 2EAPark Avenue SouthHarpenden£3,083,7224
AL5 2PGThe UplandsHarpenden£2,833,3333
AL5 2NRHammondswickHarpenden£2,377,1005
AL5 1BYGrange Court RoadHarpenden£2,248,7504
AL5 2DPOrchard AvenueHarpenden£2,205,3333
AL5 2NHThe WarrenHarpenden£1,993,7147
AL5 2NNFairway CloseHarpenden£1,947,6663
AL5 3AFRoundwood ParkHarpenden£1,945,8336

Least Expensive Streets in Harpenden

PostcodeStreetAreaAverageNo. of Sales
AL5 3RAHomedell HouseRoundwood Lane£155,46516
AL5 5BXLeaside CourtLower Luton Road£221,5003
AL5 4LZBeeching CloseHarpenden£229,5003
AL5 4UWSt James CourtHarpenden£229,7857
AL5 1LUSherwoods RiseHarpenden£230,8333
AL5 5FALower Luton RoadHarpenden£246,9378
AL5 4UHRobin CourtWestfield Road£247,3333
AL5 4PTClarendon CourtClarendon Road£255,2927
AL5 4XTBalfour CourtStation Road£264,1427
AL5 5LHYardley CourtMilton Road£271,6663

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