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Redbourn House Prices Redbourn House Prices

The average house price in Redbourn is £0 using HM Land Registry data.

The average property price increased by £373,297 (82.93%) over the last 5 years and increased by £74,607 (9.96%) over the last 12 months.

Over the last year, there were 45 residential property sales – a decrease of 34 transactions (-75.56%) relative to the previous year. The majority of house sales (11) were in the £456,000 - £602,000 range. Then came properties in the £602,000 - £748,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,035 (-2%).

In April 2024, there were 14 new estate agency instructions, 5 agreed home sales and 10 property price reductions.

Postcodes Covered: AL3

5-Year Average Property Prices in Redbourn

82.93%

Property prices in Redbourn increased by 82.93% 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 Redbourn Over the Last Year

9.96%

Property prices in Redbourn increased by 9.96% 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 Redbourn - 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 Redbourn

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 Redbourn

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 Redbourn

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 Redbourn since 1995

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

Recent Property Sales in Redbourn

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
92 The Park, Redbourn, St Albans, Hertfordshire, AL3 7LT£625,000£595,000-£30,00008 Jul 202319 Jan 2024195 Days
Redlands, Monks Close, Redbourn, St Albans, Hertfordshire, AL3 7LY£1,000,000£960,000-£40,00009 Aug 202319 Jan 2024163 Days
77 Lybury Lane, Redbourn, St Albans, Hertfordshire, AL3 7JA£600,000£587,500-£12,50007 Aug 202306 Nov 202391 Days
56 Harpenden Lane, Redbourn, St Albans, Hertfordshire, AL3 7PB£525,000£500,000-£25,00001 Jun 202331 Oct 2023152 Days
34 Brooke End, Redbourn, St Albans, Hertfordshire, AL3 7GD£1,250,000£1,250,000£0024 Jul 202326 Oct 202394 Days
Chandau, Lamb Lane, Redbourn, St Albans, Hertfordshire, AL3 7BS£725,000£650,000-£75,00021 Apr 202319 Oct 2023181 Days
11 Aysgarth Road, Redbourn, St Albans, Hertfordshire, AL3 7PJ£620,000£585,000-£35,00009 Jun 202316 Oct 2023129 Days
3 Heybrigge Close, Redbourn, St Albans, Hertfordshire, AL3 7DT£1,850,000£1,755,000-£95,00012 May 202305 Oct 2023146 Days
5 Mansdale Road, Redbourn, St Albans, Hertfordshire, AL3 7DL£650,000£640,000-£10,00001 Jun 202329 Sep 2023120 Days
11 Holts Meadow, Redbourn, St Albans, Hertfordshire, AL3 7BW£500,000£470,000-£30,00010 Mar 202322 Aug 2023165 Days
64 Church End, Redbourn, St Albans, Hertfordshire, AL3 7DU£350,000£325,000-£25,00019 Oct 202204 Aug 2023289 Days
3 Chequer Lane, Redbourn, St Albans, Hertfordshire, AL3 7NH£625,000£605,000-£20,00020 Feb 202318 Jul 2023148 Days
34 Tassell Hall, Redbourn, St Albans, Hertfordshire, AL3 7JE£625,000£612,500-£12,50009 Feb 202327 Jun 2023138 Days
5 Wheatlock Mead, Redbourn, St Albans, Hertfordshire, AL3 7HS£675,000£673,000-£2,00013 Feb 202322 Jun 2023129 Days
86 Down Edge, Redbourn, St Albans, Hertfordshire, AL3 7JR£495,000£485,000-£10,00014 Nov 202201 Jun 2023199 Days
56 Church End, Redbourn, St Albans, Hertfordshire, AL3 7DU£340,000£330,000-£10,00028 Jul 202226 May 2023302 Days
19 New Forge Place, Redbourn, St Albans, Hertfordshire, AL3 7NY£215,000£195,000-£20,00027 Oct 202221 Apr 2023176 Days
Birchway, Crown Street, Redbourn, St Albans, Hertfordshire, AL3 7JU£850,000£830,000-£20,00011 Jan 202313 Apr 202392 Days
30 Silk Mill Road, Redbourn, St Albans, Hertfordshire, AL3 7GE£525,000£510,000-£15,00006 Jun 202206 Apr 2023304 Days
33 Snatchup, Redbourn, St Albans, Hertfordshire, AL3 7HD£600,000£585,000-£15,00018 Nov 202230 Mar 2023132 Days

Most Expensive Streets in Redbourn

PostcodeStreetAreaAverageNo. of Sales
AL3 7LWHigh StreetRedbourn£1,131,6663
AL3 7EQCrouch Hall LaneRedbourn£1,069,2857
AL3 7EUCrouch Hall LaneRedbourn£1,051,8754
AL3 7FBMaris MeadowRedbourn£1,050,0004
AL3 7ELCrouch Hall GardensRedbourn£838,6663
AL3 7BQCrecy GardensRedbourn£802,3333
AL3 7EYCoopers MeadowRedbourn£791,2504
AL3 7HXBrache CloseRedbourn£779,3336
AL3 7EBPeppard CloseRedbourn£754,2504
AL3 7HTRickyard MeadowRedbourn£752,3333

Least Expensive Streets in Redbourn

PostcodeStreetAreaAverageNo. of Sales
AL3 7NYNew Forge PlaceRedbourn£211,87814
AL3 7SAStathams CourtHemel Hempstead Road£333,1663
AL3 7BTShepherds RowRedbourn£342,6005
AL3 7NXHilltopRedbourn£362,5003
AL3 7NRThe PrioryRedbourn£363,2584
AL3 7FAHills Yard MewsRedbourn£373,9166
AL3 7JPDown EdgeRedbourn£376,6663
AL3 7EAStephens WayRedbourn£381,9374
AL3 7JRDown EdgeRedbourn£405,0628
AL3 7NTHarding CloseRedbourn£412,7005

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