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Shenley House Prices

The average house price in Shenley is £601,250 using HM Land Registry data.

The average property price decreased by £164,011 (--21.73%) over the last 5 years and decreased by £32,780 (--5.26%) over the last 12 months.

Over the last year, there were 39 residential property sales – a decrease of 13 transactions (-33.33%) relative to the previous year. The majority of house sales (14) were in the £520,000 - £640,000 range. Then came properties in the £400,000 - £520,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 120 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 8 new estate agency instructions, 3 agreed home sales and 3 property price reductions.

5-Year Average Property Prices in Shenley

-21.73%

Property prices in Shenley decreased by -21.73% 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 Shenley Over the Last Year

-5.26%

Property prices in Shenley decreased by -5.26% 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.

Property Market Heat Gauge for Shenley - 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 Shenley

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 Shenley

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 Shenley

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 Shenley since 1995

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

Recent Property Sales in Shenley

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
47 Greenwood Gardens, Shenley, Radlett, Hertfordshire, WD7 9LF	£625,000	£612,500	-£12,500	17 Aug 2023	01 Dec 2023	106 Days
20 North Avenue, Shenley, Radlett, Hertfordshire, WD7 9DG	£600,000	£590,000	-£10,000	21 Jun 2023	01 Dec 2023	163 Days
4 Harris Lane, Shenley, Radlett, Hertfordshire, WD7 9EB	£1,250,000	£1,200,000	-£50,000	02 May 2023	07 Nov 2023	189 Days
29 Fielders Way, Shenley, Radlett, Hertfordshire, WD7 9EY	£650,000	£615,000	-£35,000	27 Jun 2023	23 Oct 2023	118 Days
27 New Road, Shenley, Radlett, Hertfordshire, WD7 9DZ	£650,000	£553,000	-£97,000	03 Jan 2023	20 Oct 2023	290 Days
8 De Havilland Court, Shenley, Radlett, Hertfordshire, WD7 9JD	£425,000	£425,000	£00	12 Jul 2023	29 Sep 2023	79 Days
5 De Havilland Court, Shenley, Radlett, Hertfordshire, WD7 9JD	£550,000	£500,000	-£50,000	01 Feb 2023	15 Sep 2023	226 Days
7 Nell Gwynn Close, Shenley, Radlett, Hertfordshire, WD7 9JA	£625,000	£600,000	-£25,000	07 Sep 2022	14 Sep 2023	372 Days
10 Cox Close, Shenley, Radlett, Hertfordshire, WD7 9JQ	£700,000	£680,000	-£20,000	09 Aug 2022	08 Aug 2023	364 Days
13 Queensway, Shenley, Radlett, Hertfordshire, WD7 9DQ	£495,000	£445,000	-£50,000	27 Oct 2021	04 Aug 2023	646 Days
8 Shenleybury Cottages, Shenley, Radlett, Hertfordshire, WD7 9DJ	£650,000	£650,000	£00	14 May 2023	24 Jul 2023	71 Days
8 Rowan Close, Shenley, Radlett, Hertfordshire, WD7 9LD	£475,000	£448,000	-£27,000	22 Feb 2023	21 Jul 2023	149 Days
39 Fielders Way, Shenley, Radlett, Hertfordshire, WD7 9EY	£635,000	£610,000	-£25,000	28 Feb 2023	18 Jul 2023	140 Days
31 Newcome Road, Shenley, Radlett, Hertfordshire, WD7 9EH	£500,000	£490,000	-£10,000	29 Dec 2022	21 Jun 2023	174 Days
14 Juniper Gardens, Shenley, Radlett, Hertfordshire, WD7 9LA	£1,000,000	£985,000	-£15,000	12 Jan 2023	15 May 2023	123 Days
4 Juniper Gardens, Shenley, Radlett, Hertfordshire, WD7 9LA	£675,000	£665,000	-£10,000	21 Feb 2023	10 May 2023	78 Days
12 Anderson Road, Shenley, Radlett, Hertfordshire, WD7 9EQ	£700,000	£685,000	-£15,000	15 Jun 2022	23 Mar 2023	281 Days
23 Poultney Close, Shenley, Radlett, Hertfordshire, WD7 9JH	£395,000	£381,000	-£14,000	10 Jun 2022	24 Feb 2023	259 Days
5 Southerton Way, Shenley, Radlett, Hertfordshire, WD7 9LJ	£775,000	£760,000	-£15,000	14 Sep 2022	13 Feb 2023	152 Days
15 The Lawns, Shenley, Radlett, Hertfordshire, WD7 9EZ	£1,000,000	£1,000,000	£00	30 Mar 2022	30 Jan 2023	306 Days

Most Expensive Streets in Shenley

Postcode	Street	Area	Average	No. of Sales
WD7 9EP	London Road	Shenley	£1,081,195	7
WD7 9BY	King Edward Road	Shenley	£1,033,400	5
WD7 9EB	Harris Lane	Shenley	£1,028,000	5
WD7 9EZ	The Lawns	Shenley	£991,666	6
WD7 9ED	Harris Lane	Shenley	£975,666	3
WD7 9FD	Old Nursery Close	Shenley	£970,250	6
WD7 9LA	Juniper Gardens	Shenley	£891,250	4
WD7 9JW	Ribston Close	Shenley	£884,583	6
WD7 9LJ	Southerton Way	Shenley	£867,500	4
WD7 9RH	Russet Drive	Shenley	£811,166	3

Least Expensive Streets in Shenley

Postcode	Street	Area	Average	No. of Sales
WD7 9EE	Hawksmoor	Shenley	£236,500	4
WD7 9JZ	Halliday Close	Shenley	£364,590	11
WD7 9ET	Birchwood	Newcome Road	£366,500	5
WD7 9DQ	Queensway	Shenley	£415,000	3
WD7 9JH	Poultney Close	Shenley	£426,750	7
WD7 9LD	Rowan Close	Shenley	£450,166	3
WD7 9LN	Andrew Close	Shenley	£473,333	3
WD7 9HU	Trafford Close	Shenley	£474,285	7
WD7 9LF	Greenwood Gardens	Shenley	£492,625	4
WD7 9DY	London Road	Shenley	£499,875	4