Housing Market Analysis for SOVEREIGN WAY, AL3 5FB

Are you looking to understand AL3 5FB 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 AL3 5FB area, explore the AL3 5FB Area information page.
For comprehensive crime statistics in the AL3 5FB area, explore the AL3 5FB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the AL3 5FB postcode area, The average prices are as follows,

  • Flat
    • The average price is around £460,000 median price is £460,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 SOVEREIGN WAY: £460,000 (Sold on 01 Jun 2018)
    • The first recorded sale happened at this postcode is 1 SOVEREIGN WAY: £460,000 (Sold on 01 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average AL3 5FB 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£460,000 £5,750 1

All the Sales in the SOVEREIGN WAY, AL3 5FB

See the table below for more details on the sold house prices in the AL3 5FB, St Albans postcode.

AddressSold DatePrice% Change
1 SOVEREIGN WAYFlat, LeaseholdArea: 80 Sq.mtrAge: before 190001 Jun 2018£460,000First Sale

Check out the sold house prices near the AL3 5FB postcode. Properties currently for saleProperties currently for rent

SOVEREIGN WAY, AL3 5FB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL3 5FB 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 AL3 5FB postcode.

  • Detached
    • The average price is around £692,321 median price is £577,500 Standard Deviation is £562,938 with Total Sold: 254
    • The Last 5 Year average price is £1,298,139 with Total Sold: 48
    • The most recent sale happened at this postcode is , 8 ABBEY MILL LANE: £790,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 32 VERULAM ROAD: £185,000 (Sold on 06 Feb 1995)
  • Terraced
    • The average price is around £361,974 median price is £315,000 Standard Deviation is £229,445 with Total Sold: 3,169
    • The Last 5 Year average price is £649,445 with Total Sold: 512
    • The most recent sale happened at this postcode is , 96 HOLYWELL HILL: £450,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 38 WATSONS WALK: £59,950 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £435,029 median price is £345,000 Standard Deviation is £319,306 with Total Sold: 692
    • The Last 5 Year average price is £825,611 with Total Sold: 103
    • The most recent sale happened at this postcode is , 31 PAXTON ROAD: £790,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 23 CANNON STREET: £86,600 (Sold on 31 Jan 1995)
  • Flat
    • The average price is around £242,260 median price is £235,000 Standard Deviation is £123,324 with Total Sold: 2,054
    • The Last 5 Year average price is £352,742 with Total Sold: 339
    • The most recent sale happened at this postcode is , 29 CHRISTCHURCH CLOSE: £500,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 13A ST PETERS ROAD: £72,500 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £1,575,767 median price is £620,000 Standard Deviation is £2,351,253 with Total Sold: 181
    • The Last 5 Year average price is £1,847,497 with Total Sold: 92
    • The most recent sale happened at this postcode is , 03-May CHEQUER STREET: £85,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , ST. GEORGES HOUSE, 50 ADELAIDE STREET: £390,000 (Sold on 01 Nov 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,265,4176
2023£1,210,389 £9,501 9
2022£1,173,714 £7,934 7
2021£1,574,286 £9,118 7
2020£1,177,429 £7,910 7
2019£1,362,223 £8,181 12
2018£883,166 £8,368 6
2017£858,333 £7,118 6
2016£1,269,167 £6,780 6
2015£903,938 £6,935 13
2014£861,500 £6,259 8
2013£727,188 £5,752 8
2012£1,030,000 £4,999 4
2011£691,111 £5,118 9
2010£573,833 £5,248 12
2009£467,500 £2,901 3
2008£543,857 £6,106 7
2007£544,200 £5,502 10
2006£545,371 £3,717 12
2005£443,612 £3,754 8
2004£493,333 £3,630 6
2003£555,375 £4,240 12
2002£473,182 £3,299 11
2001£324,990 £2,845 10
2000£393,714 £2,670 7
1999£306,608 £2,396 12
1998£190,117 £1,705 6
1997£353,667 £885 9
1996£227,042 £1,512 12
1995£164,500 £1,269 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£647,726 £7,945 42
2023£658,754 £8,522 65
2022£712,182 £8,324 100
2021£659,449 £8,006 137
2020£585,804 £7,364 100
2019£622,784 £7,692 68
2018£578,847 £7,408 80
2017£587,531 £7,395 90
2016£590,535 £7,170 93
2015£562,514 £6,824 73
2014£469,174 £6,178 119
2013£399,834 £5,208 112
2012£427,019 £4,950 79
2011£369,656 £4,753 72
2010£382,413 £4,869 97
2009£332,019 £4,243 70
2008£386,702 £4,554 72
2007£360,971 £4,507 133
2006£315,869 £3,804 108
2005£278,947 £3,575 111
2004£284,125 £3,542 127
2003£312,650 £3,321 121
2002£245,027 £3,181 166
2001£210,616 £2,741 145
2000£210,204 £2,474 98
1999£167,652 £2,083 177
1998£144,836 £1,765 136
1997£128,060 £1,628 135
1996£107,502 £1,282 137
1995£94,974 £1,211 106
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£875,417 £7,313 9
2023£872,682 £7,575 22
2022£917,119 £8,067 21
2021£777,230 £8,019 23
2020£771,750 £7,292 10
2019£728,158 £7,059 18
2018£690,539 £7,086 13
2017£797,875 £7,964 16
2016£768,659 £6,565 17
2015£609,354 £6,835 12
2014£640,550 £6,085 20
2013£535,193 £5,536 23
2012£489,247 £5,124 15
2011£531,205 £4,872 22
2010£453,265 £4,480 23
2009£404,394 £3,933 24
2008£350,359 £3,719 16
2007£510,165 £4,025 26
2006£421,286 £3,666 33
2005£410,559 £3,399 29
2004£319,512 £3,349 33
2003£334,124 £3,246 21
2002£273,700 £2,944 30
2001£229,287 £2,637 31
2000£249,525 £2,569 32
1999£202,148 £1,924 30
1998£189,873 £1,749 33
1997£147,883 £1,468 31
1996£117,796 £1,276 30
1995£124,566 £1,118 29
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£334,663 £5,388 26
2023£339,061 £5,576 49
2022£331,956 £5,878 62
2021£355,068 £6,296 95
2020£366,786 £6,384 54
2019£380,094 £5,890 53
2018£347,505 £6,064 74
2017£367,946 £6,396 52
2016£347,973 £6,184 149
2015£322,087 £5,245 103
2014£294,733 £5,003 100
2013£245,704 £4,237 92
2012£245,390 £4,090 57
2011£246,358 £3,941 55
2010£227,923 £4,329 39
2009£205,780 £3,727 41
2008£234,853 £4,111 45
2007£223,843 £3,948 74
2006£242,793 £3,737 101
2005£188,069 £3,486 50
2004£238,892 £3,617 117
2003£171,156 £3,294 46
2002£157,859 £2,890 73
2001£131,571 £2,527 72
2000£122,079 £2,238 73
1999£104,841 £1,899 68
1998£80,586 £1,525 74
1997£77,530 £1,412 67
1996£66,601 £1,199 49
1995£65,199 £1,158 44
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£80,0002
2023£1,262,188 £4,839 8
2022£934,114 £5,704 20
2021£2,274,004 £20,264 29
2020£1,295,175 £4,973 17
2019£3,316,618 £19,375 16
2018£918,359 £7,015 30
2017£1,336,000 £5,162 30
2016£1,213,03110
2015£1,737,750 £37,330 8
2014£2,119,102 £32,199 10
2013£390,0001

House Type in AL3 5FB area

The most common house types in the AL3 5FB postcode area are Flat (62), commercial building (31), and Semi-detached (20).

Total163
Flat62
commercial building31
Semi-detached20
Terraced17
Shared house13
Detached11
converted building9
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (82), and Owned: Owns with a mortgage or loan (39).

Private rented: Private landlord or letting agency82
Owned: Owns with a mortgage or loan39
Owned: Owns outright21
Private rented: Other private rented8
Social rented: Other social rented7
Social rented: Rents from council or Local Authority6
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the AL3 5FB have 2 people in household (62), and 1 person in household (58).

2 people in household62
1 person in household58
3 people in household22
4 people in household15
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0