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Radlett House Prices Radlett House Prices

The average house price in Radlett is £888,625 using HM Land Registry data.

The average property price increased by £282,452 (26.62%) over the last 5 years and increased by £56,451 (4.39%) over the last 12 months.

Over the last year, there were 89 residential property sales – a decrease of 45 transactions (-50.56%) relative to the previous year. The majority of house sales (25) were in the £802,000 - £1,244,000 range. Then came properties in the £360,000 - £802,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 17 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,650 (-2%).

In April 2024, there were 28 new estate agency instructions, 11 agreed home sales and 9 property price reductions.

Postcodes Covered: WD7

5-Year Average Property Prices in Radlett

26.62%

Property prices in Radlett increased by 26.62% 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 Radlett Over the Last Year

4.39%

Property prices in Radlett 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 Radlett - 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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 Radlett

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 Radlett

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 Radlett

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 Radlett since 1995

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

Recent Property Sales in Radlett

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
51 Phillimore Place, Radlett, Hertfordshire, WD7 8NH£700,000£690,000-£10,00018 Oct 202328 Feb 2024133 Days
16 Rendlesham Avenue, Radlett, Hertfordshire, WD7 8PF£835,000£820,000-£15,00002 Oct 202322 Feb 2024143 Days
107 Loom Lane, Radlett, Hertfordshire, WD7 8NY£1,000,000£895,000-£105,00018 May 202315 Dec 2023211 Days
83 Loom Lane, Radlett, Hertfordshire, WD7 8NY£2,250,000£2,025,000-£225,00023 Mar 202301 Dec 2023253 Days
12 Shenley Hill, Radlett, Hertfordshire, WD7 7BB£1,000,000£960,000-£40,00003 Jul 202330 Nov 2023150 Days
15 Heyford Road, Radlett, Hertfordshire, WD7 8PP£850,000£815,000-£35,00011 Apr 202317 Nov 2023220 Days
6 Nightingale Close, Radlett, Hertfordshire, WD7 8NT£1,595,000£1,595,000£0031 Aug 202316 Nov 202377 Days
78 Shenley Hill, Radlett, Hertfordshire, WD7 7BD£1,750,000£1,600,000-£150,00018 May 202310 Nov 2023176 Days
Flat 16, Slade Court, Watling Street, Radlett, Hertfordshire, WD7 7BT£400,000£400,000£0004 May 202301 Nov 2023181 Days
19 Craigmount, Radlett, Hertfordshire, WD7 7LW£350,000£341,052-£8,94824 Aug 202327 Oct 202364 Days
32 Loom Lane, Radlett, Hertfordshire, WD7 8AE£1,850,000£1,560,000-£290,00006 Jul 202325 Oct 2023111 Days
39 Gills Hill Lane, Radlett, Hertfordshire, WD7 8DG£1,150,000£1,100,000-£50,00007 Jun 202320 Oct 2023135 Days
1 Links Drive, Radlett, Hertfordshire, WD7 8BD£950,000£950,000£0023 Jun 202328 Sep 202397 Days
2 Loom Place, Radlett, Hertfordshire, WD7 8AF£2,750,000£2,570,000-£180,00017 Mar 202301 Sep 2023168 Days
42a, Loom Lane, Radlett, Hertfordshire, WD7 8NU£1,795,000£1,500,000-£295,00028 Sep 202201 Sep 2023338 Days
Flat 23, Slade Court, Watling Street, Radlett, Hertfordshire, WD7 7BT£399,950£399,950£0013 Jan 202324 Aug 2023223 Days
Shandy, The Avenue, Radlett, Hertfordshire, WD7 7DQ£1,200,000£1,100,000-£100,00028 Mar 202324 Aug 2023149 Days
65 Gills Hill Lane, Radlett, Hertfordshire, WD7 8PD£550,000£520,000-£30,00024 Apr 202324 Jul 202391 Days
Mickledore, Christchurch Crescent, Radlett, Hertfordshire, WD7 8AJ£1,100,000£1,080,000-£20,00010 Mar 202317 Jul 2023129 Days
19 Fairfield Close, Radlett, Hertfordshire, WD7 8ND£400,000£387,000-£13,00006 Sep 202217 Jul 2023314 Days

Most Expensive Streets in Radlett

PostcodeStreetAreaAverageNo. of Sales
WD7 8PRThe RidgewayRadlett£3,683,3333
WD7 8EHNewlands AvenueRadlett£3,643,4367
WD7 8NXLoom LaneRadlett£3,430,0003
WD7 8ELNewlands AvenueRadlett£3,010,00010
WD7 8JBThe PathwayRadlett£2,807,8333
WD7 8PZThe RidgewayRadlett£2,703,7504
WD7 8LTAbbey ViewRadlett£2,672,5003
WD7 8HYAldenham AvenueRadlett£2,418,3333
WD7 8PSThe RidgewayRadlett£2,160,0003
WD7 8PYHomefield RoadRadlett£2,148,3333

Least Expensive Streets in Radlett

PostcodeStreetAreaAverageNo. of Sales
WD7 7NGEverett CourtWatling Street, Radlett£236,3333
WD7 8JTScrubbitts SquareRadlett£249,5003
WD7 7AQWatling StreetRadlett£275,3336
WD7 7JABrook CourtRadlett£303,1258
WD7 7JGOakbankWatling Street, Radlett£331,2504
WD7 8NQKendals CloseRadlett£359,8754
WD7 7NQWatling StreetRadlett£362,2505
WD7 8NDFairfield CloseRadlett£369,0003
WD7 7LWCraigmountRadlett£370,15510
WD7 7BTSlade CourtWatling Street, Radlett£374,56315

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