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Hertford House Prices Hertford House Prices

The average house price in Hertford is £409,533 using HM Land Registry data.

The average property price increased by £66,381 (15.1%) over the last 5 years and increased by £13,267 (2.69%) over the last 12 months.

Over the last year, there were 324 residential property sales – a decrease of 232 transactions (-71.60%) relative to the previous year. The majority of house sales (91) were in the £250,000 - £374,000 range. Then came properties in the £374,000 - £498,000 range, where 89 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,168 (-2%).

In April 2024, there were 84 new estate agency instructions, 53 agreed home sales and 29 property price reductions.

Neighbouring Areas: Ware

Postcodes Covered: SG13, SG14

5-Year Average Property Prices in Hertford

15.1%

Property prices in Hertford increased by 15.1% 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 Hertford Over the Last Year

2.69%

Property prices in Hertford increased by 2.69% 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 Hertford - 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 Hertford

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 Hertford

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 Hertford

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 Hertford since 1995

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

Recent Property Sales in Hertford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Grange Close, Hertford, Hertfordshire, SG14 1LY£600,000£590,000-£10,00026 Oct 202312 Feb 2024109 Days
151 Smeaton Court, Hertford, Hertfordshire, SG13 7AU£285,000£250,000-£35,00024 Feb 201707 Feb 20242539 Days
1 Glovers Close, Hertford, Hertfordshire, SG13 8DT£525,000£509,000-£16,00031 Oct 202302 Feb 202494 Days
76 Mandeville Road, Hertford, Hertfordshire, SG13 8JJ£325,000£320,000-£5,00018 Apr 202301 Feb 2024289 Days
60 The Waterfront, Hertford, Hertfordshire, SG14 1SD£350,000£338,000-£12,00016 Jun 202326 Jan 2024224 Days
4 Sturla Close, Hertford, Hertfordshire, SG14 3YJ£650,000£635,000-£15,00009 May 202326 Jan 2024262 Days
18 Ashley Road, Hertford, Hertfordshire, SG14 2AQ£350,000£340,000-£10,00021 Jul 202324 Jan 2024187 Days
202 Newland Gardens, Hertford, Hertfordshire, SG13 7WZ£270,000£108,000-£162,00017 Aug 202318 Dec 2023123 Days
2 Grange Court, Hertford, Hertfordshire, SG14 3EL£300,000£290,000-£10,00006 Mar 202315 Dec 2023284 Days
6 Mount Road, Hertford, Hertfordshire, SG14 2AH£380,000£370,000-£10,00020 Sep 202308 Dec 202379 Days
22 Manor Close, Hertford, Hertfordshire, SG14 3JZ£640,000£622,500-£17,50011 May 202306 Dec 2023209 Days
69 The Briars, Hertford, Hertfordshire, SG13 7TR£385,000£385,000£0015 May 202310 Nov 2023179 Days
7 Halleys Ridge, Hertford, Hertfordshire, SG14 2TQ£335,000£327,500-£7,50006 Sep 202327 Oct 202351 Days
51 Fallow Rise, Hertford, Hertfordshire, SG13 7NL£375,000£370,000-£5,00022 Jun 202323 Oct 2023123 Days
52 St Leonards Road, Hertford, Hertfordshire, SG14 3JW£750,000£730,000-£20,00028 Mar 202320 Oct 2023206 Days
74 North Road, Hertford, Hertfordshire, SG14 2BU£800,000£750,000-£50,00003 Jul 202319 Oct 2023108 Days
20 Oak Grove, Hertford, Hertfordshire, SG13 8AT£850,000£810,000-£40,00020 Jun 202316 Oct 2023118 Days
9 Burnett Square, Hertford, Hertfordshire, SG14 2HB£430,000£425,000-£5,00024 May 202329 Sep 2023128 Days
86 Halleys Ridge, Hertford, Hertfordshire, SG14 2TH£250,000£244,500-£5,50027 Mar 202329 Sep 2023186 Days
34 Ladywood Road, Hertford, Hertfordshire, SG14 2TE£350,000£330,000-£20,00003 Jun 202327 Sep 2023116 Days

Most Expensive Streets in Hertford

PostcodeStreetAreaAverageNo. of Sales
SG14 3JAWarren Park RoadHertford£1,875,8333
SG14 3HXDanesbury ParkHertford£1,460,6663
SG13 8AJMangrove RoadHertford£1,422,6254
SG13 8AGHagsdell RoadHertford£1,412,0005
SG14 3ESBengeo StreetHertford£1,267,0833
SG14 3DPChurch RoadHertford£1,230,0006
SG13 7EEWare RoadHertford£1,087,0005
SG13 8BJQueens RoadHertford£1,023,3333
SG14 3BNFarquhar StreetHertford£1,009,6666
SG13 7HWBeechwood CloseHertford£1,001,0003

Least Expensive Streets in Hertford

PostcodeStreetAreaAverageNo. of Sales
SG14 2TLAnna CourtThe Ridgeway£118,0005
SG14 2FWCompton CourtRepton Road£130,1508
SG14 2FUClavering CourtThe Ridgeway£136,8333
SG13 7ARHampton CourtWare Road£146,6254
SG14 2DNHutton CloseHertford£185,3333
SG14 1PFPilgrim HouseEvron Place£185,6503
SG14 1RHPriory CourtPriory Street, Hertford£193,0006
SG14 1DUChauncy CourtHertford£203,15313
SG13 8EYWestall CloseHertford£203,7857
SG14 1FPStable HousePriory Street, Hertford£223,6663

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