Housing Market Analysis for OAKWOOD DRIVE, AL5 2LR

Are you looking to understand AL5 2LR 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 AL5 2LR area, explore the AL5 2LR Area information page.
For comprehensive crime statistics in the AL5 2LR area, explore the AL5 2LR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the AL5 2LR postcode area, The average prices are as follows,

  • Detached
    • The average price is around £1,162,500 median price is £1,125,000 Standard Deviation is £578,100 with Total Sold: 8
    • The Last 5 Year average price is £2,075,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 OAKWOOD DRIVE: £2,075,000 (Sold on 02 Oct 2020)
    • The first recorded sale happened at this postcode is 1 OAKWOOD DRIVE: £160,000 (Sold on 12 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average AL5 2LR 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
2020£2,075,000 £7,126 1
2015£1,680,0001
2013£1,450,000 £5,495 2
2009£950,000 £3,702 1
2000£785,000 £2,696 1
1999£455,000 £2,576 2

All the Sales in the OAKWOOD DRIVE, AL5 2LR

See the table below for more details on the sold house prices in the AL5 2LR, St Albans postcode.

AddressSold DatePrice% Change
4 OAKWOOD DRIVEDetached, FreeholdArea: 291.17 Sq.mtrAge: 1996-200202 Oct 2020£2,075,00029.69%
19 Jun 2013£1,600,000103.82%
16 May 2000£785,0004.67%
20 Oct 1999£750,000First Sale
AMBERWOOD, 3 OAKWOOD DRIVEDetached, Freehold21 Apr 2015£1,680,000First Sale
2 OAKWOOD DRIVEDetached, Freehold01 Jul 2013£1,300,000First Sale
1B OAKWOOD DRIVEDetached, FreeholdArea: 256.63 Sq.mtr15 Jul 2009£950,000First Sale
1 OAKWOOD DRIVEDetached, Freehold12 Mar 1999£160,000First Sale

Check out the sold house prices near the AL5 2LR postcode. Properties currently for saleProperties currently for rent

OAKWOOD DRIVE, AL5 2LR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL5 2LR 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 AL5 2LR postcode.

  • Detached
    • The average price is around £1,236,314 median price is £1,115,000 Standard Deviation is £714,842 with Total Sold: 463
    • The Last 5 Year average price is £1,991,148 with Total Sold: 77
    • The most recent sale happened at this postcode is , 23 THE UPLANDS: £1,800,000 (Sold on 17 Jul 2024)
    • The first recorded sale happened at this postcode is , 7 DELLCROFT WAY: £372,500 (Sold on 05 Apr 1995)
  • Other
    • The average price is around £1,352,619 median price is £1,164,286 Standard Deviation is £661,422 with Total Sold: 6
    • The Last 5 Year average price is £965,179 with Total Sold: 4
    • The most recent sale happened at this postcode is , SOUTH HOLME REDBOURN LANE: £728,572 (Sold on 29 Jul 2020)
    • The first recorded sale happened at this postcode is , 14 PENNY CROFT: £1,575,000 (Sold on 28 Mar 2018)
  • Semi-Detached
    • The average price is around £645,000 median price is £645,000 Standard Deviation is £245,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , AUGUST HOUSE REDBOURN LANE: £890,000 (Sold on 31 Mar 2004)
    • The first recorded sale happened at this postcode is , AUGUST HOUSE REDBOURN LANE: £400,000 (Sold on 11 Aug 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,201,875 £11,588 8
2023£2,021,321 £7,729 14
2022£2,029,727 £8,745 11
2021£2,175,750 £7,521 20
2020£1,979,082 £8,282 11
2019£1,522,538 £6,942 13
2018£1,653,000 £5,210 21
2017£1,839,188 £6,252 16
2016£1,561,028 £5,467 18
2015£1,678,056 £6,297 18
2014£1,542,500 £6,044 13
2013£1,457,060 £5,298 21
2012£1,677,600 £5,653 15
2011£1,469,300 £5,297 10
2010£1,350,587 £5,232 23
2009£1,208,179 £3,396 14
2008£1,600,000 £3,513 6
2007£1,223,844 £4,556 16
2006£973,800 £3,614 20
2005£855,833 £2,912 18
2004£850,238 £3,003 21
2003£883,238 £3,423 17
2002£909,577 £3,096 13
2001£656,812 £2,598 16
2000£674,167 £2,645 9
1999£498,002 £2,117 20
1998£435,063 £1,658 15
1997£413,395 £1,904 10
1996£363,568 £1,425 22
1995£300,964 £1,022 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£952,381 £1,775 3
2019£1,003,572 £1,415 1
2018£2,127,500 £5,994 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£890,000 £3,450 1
1997£400,000 £1,550 1

House Type in AL5 2LR area

The most common house types in the AL5 2LR postcode area are Detached (138), Terraced (2), and Semi-detached (1).

Total142
Detached138
Terraced2
Semi-detached1
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Owned: Owns with a mortgage or loan (64).

Owned: Owns outright71
Owned: Owns with a mortgage or loan64
Private rented: Private landlord or letting agency5
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the AL5 2LR have 2 people in household (46), and 4 people in household (41).

2 people in household46
4 people in household41
3 people in household25
5 people in household16
1 person in household13
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0