Housing Market Analysis for THE DRIVE, AL4 8LE

Are you looking to understand AL4 8LE 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 North Hertfordshire postcode.

For the location information and nearby amenities in the AL4 8LE area, explore the AL4 8LE Area information page.
For comprehensive crime statistics in the AL4 8LE area, explore the AL4 8LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the AL4 8LE postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £551,238 median price is £547,500 Standard Deviation is £216,592 with Total Sold: 4
    • The Last 5 Year average price is £860,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 THE DRIVE: £860,000 (Sold on 25 Mar 2020)
    • The first recorded sale happened at this postcode is 5 THE DRIVE: £249,950 (Sold on 16 Jan 1998)
  • Detached
    • The average price is around £800,000 median price is £800,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 THE DRIVE: £800,000 (Sold on 03 Oct 2003)
    • The first recorded sale happened at this postcode is 1 THE DRIVE: £800,000 (Sold on 03 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average AL4 8LE 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£860,000 £5,584 1
2004£575,000 £3,734 1
2002£520,000 £3,377 1
1998£249,950 £1,623 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£800,000 £2,540 1

All the Sales in the THE DRIVE, AL4 8LE

See the table below for more details on the sold house prices in the AL4 8LE, North Hertfordshire postcode.

AddressSold DatePrice% Change
5 THE DRIVESemi-Detached, FreeholdArea: 154 Sq.mtrAge: 1930-194925 Mar 2020£860,00049.57%
02 Dec 2004£575,00010.58%
18 Oct 2002£520,000108.04%
16 Jan 1998£249,950First Sale
1 THE DRIVEDetached, FreeholdArea: 315 Sq.mtr03 Oct 2003£800,000First Sale

Check out the sold house prices near the AL4 8LE postcode. Properties currently for saleProperties currently for rent

THE DRIVE, AL4 8LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL4 8LE 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 AL4 8LE postcode.

  • Detached
    • The average price is around £838,272 median price is £771,500 Standard Deviation is £474,879 with Total Sold: 226
    • The Last 5 Year average price is £1,368,819 with Total Sold: 36
    • The most recent sale happened at this postcode is , 13 BROWNFIELD WAY: £1,050,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , 1 BROWNFIELD WAY: £225,000 (Sold on 08 Feb 1995)
  • Other
    • The average price is around £1,011,667 median price is £1,150,000 Standard Deviation is £425,761 with Total Sold: 3
    • The Last 5 Year average price is £1,011,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1B BEECH WAY: £1,150,000 (Sold on 10 Aug 2023)
    • The first recorded sale happened at this postcode is , 1B BEECH WAY: £435,000 (Sold on 22 Mar 2021)
  • Semi-Detached
    • The average price is around £486,536 median price is £383,000 Standard Deviation is £316,697 with Total Sold: 25
    • The Last 5 Year average price is £1,078,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 38 KIMPTON ROAD: £1,125,000 (Sold on 24 Aug 2022)
    • The first recorded sale happened at this postcode is , 2A THE DRIVE: £100,000 (Sold on 06 Jun 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,406,111 £6,406 9
2022£1,865,300 £6,735 5
2021£1,460,833 £8,423 12
2020£997,889 £5,173 9
2019£785,000 £6,488 1
2018£1,031,875 £5,289 8
2017£1,135,625 £8,195 8
2016£1,000,500 £5,782 8
2015£1,210,000 £4,500 4
2014£911,177 £5,076 11
2013£1,069,333 £4,737 6
2012£817,857 £4,960 7
2011£878,954 £4,403 12
2010£956,455 £4,018 11
2009£800,889 £3,764 9
2008£1,085,000 £2,467 4
2007£854,000 £3,980 20
2006£632,188 £2,439 8
2005£581,333 £3,164 6
2004£736,000 £3,350 5
2003£641,929 £2,507 7
2002£623,293 £3,241 7
2001£523,214 £2,657 7
2000£341,667 £2,910 3
1999£427,694 £2,106 10
1998£272,750 £1,620 6
1997£298,752 £1,318 6
1996£254,000 £1,194 9
1995£295,750 £1,080 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,150,000 £6,021 1
2022£1,450,000 £8,430 1
2021£435,000 £2,277 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,125,000 £11,421 1
2020£1,055,000 £5,418 2
2017£850,000 £5,484 1
2015£1,100,000 £4,622 1
2013£675,000 £4,530 1
2010£540,000 £5,482 1
2008£570,0001
2006£330,000 £2,129 1
2005£485,000 £2,975 1
2004£575,000 £3,734 1
2003£383,000 £3,888 1
2002£520,000 £3,377 1
2001£354,975 £1,680 2
2000£249,500 £1,974 2
1998£239,317 £1,526 3
1997£185,000 £1,135 1
1996£229,500 £1,711 3
1995£100,0001

House Type in AL4 8LE area

The most common house types in the AL4 8LE postcode area are Detached (156), Semi-detached (12), and Flat (1).

Total169
Detached156
Semi-detached12
Flat1
Terraced0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (92), and Owned: Owns with a mortgage or loan (76).

Owned: Owns outright92
Owned: Owns with a mortgage or loan76
Private rented: Private landlord or letting agency1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the AL4 8LE have 2 people in household (82), and 4 people in household (39).

2 people in household82
4 people in household39
3 people in household20
1 person in household15
5 people in household11
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0