Housing Market Analysis for DROP LANE, AL2 3PH

Are you looking to understand AL2 3PH house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this St Albans postcode.

For the location information and nearby amenities in the AL2 3PH area, explore the AL2 3PH Area information page.
For comprehensive crime statistics in the AL2 3PH area, explore the AL2 3PH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the AL2 3PH postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £250,015 median price is £190,000 Standard Deviation is £131,630 with Total Sold: 5
    • The most recent sale happened at this postcode is 3, HANSTEAD COTTAGES DROP LANE: £500,000 (Sold on 09 Dec 2005)
    • The first recorded sale happened at this postcode is 2, HANSTEAD COTTAGES DROP LANE: £135,075 (Sold on 10 Feb 1999)
  • Detached
    • The average price is around £290,000 median price is £290,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3, HANSTEAD COTTAGES DROP LANE: £290,000 (Sold on 12 Feb 1998)
    • The first recorded sale happened at this postcode is 3, HANSTEAD COTTAGES DROP LANE: £290,000 (Sold on 12 Feb 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average AL2 3PH house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£380,0002
2003£165,0001
2000£190,0001
1999£135,0751
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£290,0001

All the Sales in the DROP LANE, AL2 3PH

See the table below for more details on the sold house prices in the AL2 3PH, St Albans postcode.

AddressSold DatePrice% Change
3, HANSTEAD COTTAGES DROP LANETerraced, Freehold09 Dec 2005£500,00072.41%
12 Feb 1998£290,000First Sale
1, HANSTEAD COTTAGES DROP LANETerraced, Freehold29 Jul 2005£260,00057.58%
01 May 2003£165,000First Sale
2, HANSTEAD COTTAGES DROP LANETerraced, Freehold28 Jun 2000£190,00040.66%
10 Feb 1999£135,075First Sale

Check out the sold house prices near the AL2 3PH postcode. Properties currently for saleProperties currently for rent

DROP LANE, AL2 3PH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL2 3PH postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the AL2 3PH postcode.

  • Semi-Detached
    • The average price is around £301,392 median price is £256,250 Standard Deviation is £166,053 with Total Sold: 236
    • The Last 5 Year average price is £528,729 with Total Sold: 44
    • The most recent sale happened at this postcode is , 22 BLACK BOY WOOD: £515,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 BLACK BOY WOOD: £86,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £172,888 median price is £155,500 Standard Deviation is £102,949 with Total Sold: 85
    • The Last 5 Year average price is £306,716 with Total Sold: 20
    • The most recent sale happened at this postcode is , 31 BLACK BOY WOOD: £315,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 61 BLACK BOY WOOD: £46,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £263,350 median price is £248,250 Standard Deviation is £144,536 with Total Sold: 168
    • The Last 5 Year average price is £486,811 with Total Sold: 22
    • The most recent sale happened at this postcode is , 72 BLACK BOY WOOD: £510,000 (Sold on 11 Jul 2024)
    • The first recorded sale happened at this postcode is , 62 WEST RIDING: £85,000 (Sold on 15 May 1995)
  • Detached
    • The average price is around £463,150 median price is £445,000 Standard Deviation is £262,636 with Total Sold: 159
    • The Last 5 Year average price is £700,806 with Total Sold: 41
    • The most recent sale happened at this postcode is , 4 PERCY DRIVE: £924,995 (Sold on 06 Sep 2023)
    • The first recorded sale happened at this postcode is , 10 THE CRESCENT: £123,000 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £7,941,750 median price is £1,787,500 Standard Deviation is £11,726,819 with Total Sold: 4
    • The Last 5 Year average price is £1,461,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , HORSESHOE BUSINESS PARK LYE LANE: £2,900,000 (Sold on 18 Sep 2020)
    • The first recorded sale happened at this postcode is , H S B C FILMING SITE SMUG OAK LANE: £28,169,000 (Sold on 25 May 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£580,0003
2023£500,000 £5,224 4
2022£595,624 £6,585 4
2021£556,775 £6,006 13
2020£491,908 £5,424 11
2019£499,167 £5,287 9
2018£476,300 £4,926 6
2017£517,562 £4,733 8
2016£456,500 £4,914 7
2015£422,500 £4,478 9
2014£425,000 £4,885 1
2013£294,006 £3,383 6
2012£325,357 £2,858 7
2011£315,844 £3,109 8
2010£291,666 £2,609 3
2009£289,000 £2,845 3
2008£272,957 £3,314 4
2007£283,850 £2,941 7
2006£248,585 £2,700 10
2005£226,286 £2,155 7
2004£261,818 £2,814 14
2003£255,500 £2,643 10
2002£217,196 £2,063 12
2001£194,550 £1,923 10
2000£150,150 £1,406 13
1999£145,533 £1,380 12
1998£137,083 £1,212 6
1997£99,077 £918 15
1996£79,999 £593 4
1995£88,495 £829 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,0001
2023£270,000 £3,600 1
2022£238,040 £4,279 5
2021£353,118 £4,696 10
2020£286,475 £4,818 2
2019£255,000 £3,493 1
2018£255,000 £4,048 1
2017£224,975 £3,608 2
2016£269,975 £4,032 2
2015£199,833 £3,214 6
2014£193,250 £3,031 2
2013£184,333 £2,700 3
2012£181,000 £2,763 2
2011£158,625 £2,596 2
2010£182,500 £2,945 1
2009£145,000 £2,005 2
2008£179,950 £3,016 1
2007£183,725 £2,817 2
2006£131,600 £1,776 2
2004£146,000 £2,639 2
2003£134,070 £2,087 5
2002£128,980 £1,854 5
2001£102,875 £1,637 4
2000£86,000 £1,147 1
1999£64,158 £906 6
1998£59,500 £970 5
1997£58,000 £868 2
1996£45,550 £783 4
1995£43,333 £697 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£510,0001
2023£735,000 £8,647 1
2022£507,500 £5,966 2
2021£520,999 £5,778 7
2020£435,356 £4,495 8
2019£440,000 £4,960 3
2018£460,500 £4,650 6
2017£404,667 £4,894 3
2016£453,500 £4,259 5
2015£367,857 £4,054 7
2014£304,188 £3,635 4
2013£272,580 £3,164 5
2012£281,125 £3,190 4
2011£269,333 £2,809 6
2010£276,167 £3,411 3
2009£245,750 £3,201 2
2008£275,200 £2,731 5
2007£261,625 £2,855 8
2006£263,000 £2,583 7
2005£272,900 £2,325 10
2004£241,536 £2,653 11
2003£170,750 £1,902 10
2002£159,488 £1,224 4
2001£127,619 £1,520 8
2000£144,862 £1,478 4
1999£129,327 £1,373 14
1998£110,000 £1,222 3
1997£79,436 £873 7
1996£72,325 £844 6
1995£75,250 £772 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£685,998 £7,291 5
2022£828,000 £6,098 5
2021£682,952 £6,109 11
2020£713,000 £6,368 17
2019£509,867 £6,570 3
2018£607,500 £5,399 7
2017£655,000 £5,797 3
2016£627,667 £5,725 3
2015£797,500 £4,562 2
2014£595,833 £4,830 6
2013£450,167 £4,573 3
2012£428,000 £5,071 5
2011£251,667 £3,098 3
2010£1,061,667 £4,537 3
2009£387,500 £4,648 2
2008£537,500 £3,215 2
2007£520,636 £3,688 11
2006£423,200 £2,496 5
2005£310,000 £1,606 1
2004£366,934 £3,721 4
2003£301,136 £2,883 7
2002£276,790 £2,465 5
2001£385,133 £2,425 6
2000£205,950 £1,470 8
1999£196,625 £2,180 8
1998£228,850 £1,730 7
1997£221,000 £1,055 3
1996£104,285 £1,090 9
1995£101,850 £902 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£1,461,5002
2018£14,422,0002

House Type in AL2 3PH area

The most common house types in the AL2 3PH postcode area are Terraced (70), Semi-detached (50), and Flat (35).

Total206
Terraced70
Semi-detached50
Flat35
Detached32
converted building13
Shared house3
commercial building3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (89), and Private rented: Private landlord or letting agency (55).

Owned: Owns with a mortgage or loan89
Private rented: Private landlord or letting agency55
Owned: Owns outright49
Private rented: Other private rented6
Social rented: Other social rented5
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the AL2 3PH have 1 person in household (71), and 2 people in household (58).

1 person in household71
2 people in household58
3 people in household34
4 people in household31
5 people in household10
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0