Housing Market Analysis for DROP LANE, AL2 3TX

Are you looking to understand AL2 3TX 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 3TX area, explore the AL2 3TX Area information page.
For comprehensive crime statistics in the AL2 3TX area, explore the AL2 3TX Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £1,000,000 median price is £732,500 Standard Deviation is £881,327 with Total Sold: 4
    • The Last 5 Year average price is £2,400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is RIVERSIDE STABLES DROP LANE: £2,400,000 (Sold on 28 Feb 2023)
    • The first recorded sale happened at this postcode is RIVERSIDE STABLES DROP LANE: £135,000 (Sold on 15 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average AL2 3TX 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,400,000 £6,076 1
2007£732,500 £2,907 2
1996£135,000 £342 1

All the Sales in the DROP LANE, AL2 3TX

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

AddressSold DatePrice% Change
RIVERSIDE STABLES DROP LANEDetached, FreeholdArea: 395 Sq.mtrAge: 1991-199528 Feb 2023£2,400,0001677.78%
15 Mar 1996£135,000First Sale
PADDOCK LODGE DROP LANEDetached, FreeholdArea: 252 Sq.mtrAge: 2007 onwards09 Oct 2007£1,090,000190.67%
19 Jul 2007£375,000First Sale

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

DROP LANE, AL2 3TX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL2 3TX 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 3TX postcode.

  • Detached
    • The average price is around £594,562 median price is £392,500 Standard Deviation is £597,065 with Total Sold: 14
    • The Last 5 Year average price is £1,632,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , RIVERSIDE STABLES DROP LANE: £2,400,000 (Sold on 28 Feb 2023)
    • The first recorded sale happened at this postcode is , 228 RADLETT ROAD: £70,000 (Sold on 27 Oct 1995)
  • Other
    • The average price is around £1,210,000 median price is £1,210,000 Standard Deviation is £160,000 with Total Sold: 2
    • The Last 5 Year average price is £1,050,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , FROGMORE LODGE, 202 RADLETT ROAD: £1,050,000 (Sold on 24 Mar 2021)
    • The first recorded sale happened at this postcode is , COLNEY STREET FARM RADLETT ROAD: £1,370,000 (Sold on 02 Jan 2018)
  • Semi-Detached
    • The average price is around £324,750 median price is £324,500 Standard Deviation is £97,559 with Total Sold: 4
    • The most recent sale happened at this postcode is 1, MOOR MILL COTTAGES SMUG OAK LANE: £414,000 (Sold on 30 Nov 2015)
    • The first recorded sale happened at this postcode is , 210 RADLETT ROAD: £220,000 (Sold on 20 Nov 2000)
  • Terraced
    • The average price is around £197,750 median price is £191,750 Standard Deviation is £75,142 with Total Sold: 4
    • The most recent sale happened at this postcode is , 238 RADLETT ROAD: £297,000 (Sold on 08 Aug 2013)
    • The first recorded sale happened at this postcode is , 236 RADLETT ROAD: £110,500 (Sold on 13 Nov 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,400,000 £6,076 1
2022£865,000 £4,943 1
2018£425,000 £5,247 1
2012£1,130,000 £5,073 1
2007£631,917 £2,758 3
2005£410,0001
2003£340,000 £1,650 1
2001£259,810 £1,428 2
1996£135,000 £342 1
1995£101,750 £763 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,050,0001
2018£1,370,000 £5,458 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£422,000 £6,120 2
2009£235,000 £2,374 1
2000£220,000 £1,287 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£297,000 £3,578 1
2010£242,000 £2,916 1
2000£141,500 £1,705 1
1998£110,500 £1,381 1

House Type in AL2 3TX area

The most common house types in the AL2 3TX 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 3TX 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