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Potters Bar House Prices Potters Bar House Prices

The average house price in Potters Bar is £471,650 using HM Land Registry data.

The average property price increased by £132,681 (26.65%) over the last 5 years and increased by £26,517 (4.39%) over the last 12 months.

Over the last year, there were 202 residential property sales – a decrease of 83 transactions (-41.09%) relative to the previous year. The majority of house sales (51) were in the £516,000 - £644,000 range. Then came properties in the £388,000 - £516,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 116 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-45,752 (-4%).

In April 2024, there were 68 new estate agency instructions, 38 agreed home sales and 61 property price reductions.

Postcodes Covered: EN6

5-Year Average Property Prices in Potters Bar

26.65%

Property prices in Potters Bar increased by 26.65% 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 Potters Bar Over the Last Year

4.39%

Property prices in Potters Bar increased by 4.39% 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 Potters Bar - 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 Potters Bar

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 Potters Bar

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 Potters Bar

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 Potters Bar since 1995

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

Recent Property Sales in Potters Bar

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
78 Byng Drive, Potters Bar, Hertfordshire, EN6 1UH£725,000£706,000-£19,00001 Aug 202301 Mar 2024213 Days
70 Santers Lane, Potters Bar, Hertfordshire, EN6 2DA£800,000£780,000-£20,00025 Jul 202329 Feb 2024219 Days
50 Brackendale, Potters Bar, Hertfordshire, EN6 2LU£699,950£680,000-£19,95031 Oct 202326 Feb 2024118 Days
127 Mount Grace Road, Potters Bar, Hertfordshire, EN6 1QY£1,325,000£1,275,000-£50,00027 Jul 202312 Jan 2024169 Days
22 The Drive, Potters Bar, Hertfordshire, EN6 2AP£715,000£691,096-£23,90415 Sep 202305 Jan 2024112 Days
154 Chace Avenue, Potters Bar, Hertfordshire, EN6 5NX£475,000£460,000-£15,00002 Aug 202318 Dec 2023138 Days
2 Northlands, Potters Bar, Hertfordshire, EN6 5DF£700,000£670,000-£30,00027 Jun 202315 Dec 2023171 Days
19 Elmfield Road, Potters Bar, Hertfordshire, EN6 2JH£599,500£590,000-£9,50015 May 202330 Nov 2023199 Days
26 Swanley Bar Lane, Potters Bar, Hertfordshire, EN6 1NP£470,000£440,000-£30,00003 Jul 202329 Nov 2023149 Days
51 Laurel Avenue, Potters Bar, Hertfordshire, EN6 2AB£500,000£483,000-£17,00019 Jun 202317 Nov 2023151 Days
74 Santers Lane, Potters Bar, Hertfordshire, EN6 2DA£899,950£835,000-£64,95003 Jul 202317 Nov 2023137 Days
55 Billy Lows Lane, Potters Bar, Hertfordshire, EN6 1UX£795,000£780,000-£15,00021 Jun 202309 Nov 2023141 Days
36 Heathfield Close, Potters Bar, Hertfordshire, EN6 1SP£315,000£280,000-£35,00027 Feb 202303 Nov 2023249 Days
4 Whaley Road, Potters Bar, Hertfordshire, EN6 2RA£399,950£385,000-£14,95020 Jul 202327 Oct 202399 Days
12 Borough Way, Potters Bar, Hertfordshire, EN6 3HB£549,950£540,950-£9,00019 Apr 202320 Oct 2023184 Days
1 Mount Grace Road, Potters Bar, Hertfordshire, EN6 1RE£1,250,000£1,215,000-£35,00025 Nov 202218 Oct 2023327 Days
122 Quakers Lane, Potters Bar, Hertfordshire, EN6 1RG£439,950£439,950£0004 Jul 202316 Oct 2023104 Days
17 Suffolk Road, Potters Bar, Hertfordshire, EN6 3EZ£529,950£512,000-£17,95022 Mar 202306 Oct 2023198 Days
5 Heath Drive, Potters Bar, Hertfordshire, EN6 1EN£650,000£650,000£0005 Jun 202322 Sep 2023109 Days
15 Sunnybank Road, Potters Bar, Hertfordshire, EN6 2NW£750,000£730,000-£20,00013 Apr 202322 Sep 2023162 Days

Most Expensive Streets in Potters Bar

PostcodeStreetAreaAverageNo. of Sales
EN6 1EBThe AvenuePotters Bar£1,327,3313
EN6 1EGThe AvenuePotters Bar£1,246,5628
EN6 1LHWestwood ClosePotters Bar£1,144,5003
EN6 1EPMountwayPotters Bar£1,128,3333
EN6 1USParkfield ViewPotters Bar£1,111,6663
EN6 1RDMount Grace RoadPotters Bar£1,099,2005
EN6 1LLGreen MeadowPotters Bar£1,065,0003
EN6 5HFThe CausewayPotters Bar£1,062,4005
EN6 1REMount Grace RoadPotters Bar£1,038,3333
EN6 1QYMount Grace RoadPotters Bar£1,000,0003

Least Expensive Streets in Potters Bar

PostcodeStreetAreaAverageNo. of Sales
EN6 5DHHigh StreetPotters Bar£157,0004
EN6 1XWHertford MewsBilly Lows Lane£189,88413
EN6 1DHHudsons CourtDarkes Lane£193,90010
EN6 2HSPotters CourtDarkes Lane£212,29615
EN6 5LJThe GrovePotters Bar£233,6663
EN6 5PFHighview ClosePotters Bar£242,5004
EN6 1UERitz CourtPotters Bar£243,7504
EN6 3ELBornedenePotters Bar£244,7787
EN6 3ENBornedenePotters Bar£270,0836
EN6 1TGSeabrook CourtStation Close£281,39717

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