Housing Market Analysis for PROSPECT LANE, AL5 2PL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £1,274,397 median price is £1,290,000 Standard Deviation is £601,001 with Total Sold: 34
    • The Last 5 Year average price is £1,849,500 with Total Sold: 6
    • The most recent sale happened at this postcode is 6 PROSPECT LANE: £1,795,000 (Sold on 07 Sep 2022)
    • The first recorded sale happened at this postcode is 43 PROSPECT LANE: £390,000 (Sold on 21 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average AL5 2PL 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
2022£1,873,500 £8,539 2
2021£1,650,000 £10,510 1
2020£1,300,000 £6,806 1
2019£2,200,000 £10,242 2
2018£2,203,000 £3,318 1
2017£1,950,000 £4,054 1
2016£1,587,500 £6,427 1
2015£1,625,000 £5,469 2
2014£1,650,000 £4,331 1
2013£1,325,000 £5,282 2
2012£1,466,666 £5,219 3
2010£1,096,000 £4,289 2
2009£1,367,5002
2007£1,920,0001
2006£975,0001
2005£785,000 £3,756 1
2004£800,000 £1,663 1
2003£545,0001
2002£1,100,000 £1,903 1
2001£677,500 £3,540 2
1998£585,000 £1,048 1
1996£420,000 £830 2
1995£355,000 £1,188 2

All the Sales in the PROSPECT LANE, AL5 2PL

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

AddressSold DatePrice% Change
6 PROSPECT LANEDetached, FreeholdArea: 203 Sq.mtrAge: 1976-198207 Sep 2022£1,795,000First Sale
29 PROSPECT LANEDetached, FreeholdArea: 237 Sq.mtrAge: 1976-198211 Jul 2022£1,952,000510.00%
28 Apr 1995£320,000First Sale
18 PROSPECT LANEDetached, FreeholdArea: 157 Sq.mtrAge: 1983-199003 Sep 2021£1,650,000First Sale
27 PROSPECT LANEDetached, FreeholdArea: 191 Sq.mtrAge: 1983-199027 Jul 2020£1,300,000First Sale
2 PROSPECT LANEDetached, FreeholdArea: 227 Sq.mtrAge: 1976-198211 Sep 2019£1,500,000First Sale
45 PROSPECT LANEDetached, FreeholdArea: 209 Sq.mtrAge: 1976-198225 Apr 2019£2,900,000123.08%
18 Dec 2015£1,300,00065.61%
31 Jan 2005£785,000First Sale
39 PROSPECT LANEDetached, FreeholdArea: 664 Sq.mtrAge: 1991-199503 Apr 2018£2,203,000100.27%
06 Jun 2002£1,100,000129.17%
20 Sep 1996£480,000First Sale
24 PROSPECT LANEDetached, FreeholdArea: 481 Sq.mtrAge: 2003-200618 Aug 2017£1,950,000143.75%
01 Dec 2004£800,000First Sale
4 PROSPECT LANEDetached, FreeholdArea: 247 Sq.mtrAge: 1976-198203 Nov 2016£1,587,500First Sale
41 PROSPECT LANEDetached, FreeholdArea: 413.38 Sq.mtrAge: 1983-199002 Oct 2015£1,950,000First Sale
43 PROSPECT LANEDetached, FreeholdArea: 381 Sq.mtrAge: 1983-199007 Mar 2014£1,650,000323.08%
21 Apr 1995£390,000First Sale
1 PROSPECT LANEDetached, Freehold25 Oct 2013£1,620,00017.82%
20 Jul 2009£1,375,00041.03%
13 Jul 2006£975,000First Sale
20 PROSPECT LANEDetached, FreeholdArea: 195 Sq.mtrAge: 1976-198221 Oct 2013£1,030,000First Sale
32 PROSPECT LANEDetached, FreeholdArea: 223.76 Sq.mtrAge: 1983-199008 Jun 2012£1,120,000First Sale
22 PROSPECT LANEDetached, FreeholdArea: 454 Sq.mtrAge: 2007-201118 May 2012£1,999,99992.31%
30 Nov 2010£1,040,000First Sale
10 PROSPECT LANEDetached, FreeholdArea: 204.93 Sq.mtrAge: 1976-198215 Feb 2012£1,280,000First Sale
25 PROSPECT LANEDetached, FreeholdArea: 183.2 Sq.mtrAge: 1976-198201 Nov 2010£1,152,00078.60%
31 Aug 2001£645,000First Sale
3 PROSPECT LANEDetached, Freehold29 Jul 2009£1,360,000First Sale
35 PROSPECT LANEDetached, Freehold17 Oct 2007£1,920,000First Sale
8 PROSPECT LANEDetached, Freehold11 May 2003£545,000First Sale
26 PROSPECT LANEDetached, Freehold31 Aug 2001£710,000First Sale
37 PROSPECT LANEDetached, FreeholdArea: 558 Sq.mtr12 Jun 1998£585,000First Sale
23 PROSPECT LANEDetached, Freehold15 Nov 1996£360,000First Sale

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

PROSPECT LANE, AL5 2PL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £1,147,192 median price is £990,000 Standard Deviation is £680,722 with Total Sold: 340
    • The Last 5 Year average price is £1,902,955 with Total Sold: 56
    • 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 , 43 PROSPECT LANE: £390,000 (Sold on 21 Apr 1995)
  • Other
    • The average price is around £1,575,000 median price is £1,575,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 14 PENNY CROFT: £1,575,000 (Sold on 28 Mar 2018)
    • The first recorded sale happened at this postcode is , 14 PENNY CROFT: £1,575,000 (Sold on 28 Mar 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,130,7147
2023£1,837,792 £7,525 12
2022£1,744,625 £7,410 8
2021£2,183,333 £7,853 12
2020£1,975,714 £8,895 7
2019£1,561,000 £6,780 10
2018£1,401,682 £5,651 11
2017£1,690,833 £7,096 12
2016£1,464,350 £5,789 10
2015£1,560,938 £6,214 16
2014£1,270,625 £6,476 8
2013£1,370,947 £4,651 14
2012£1,622,750 £5,350 12
2011£1,422,571 £4,659 7
2010£1,237,853 £5,028 17
2009£1,197,583 £3,922 12
2008£1,575,000 £4,444 5
2007£1,129,000 £3,701 10
2006£950,733 £3,638 15
2005£852,857 £2,933 14
2004£855,000 £2,992 17
2003£805,000 £3,421 13
2002£802,722 £3,083 9
2001£614,636 £2,663 11
2000£646,071 £2,716 7
1999£484,628 £2,175 16
1998£424,063 £1,749 15
1997£344,833 £1,806 6
1996£351,111 £1,375 18
1995£285,667 £950 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£1,575,000 £6,250 1

House Type in AL5 2PL area

The most common house types in the AL5 2PL postcode area are Detached (123), Semi-detached (3), and Terraced (0).

Total126
Detached123
Semi-detached3
Terraced0
Flat0
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 (69), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright69
Owned: Owns with a mortgage or loan50
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 2PL have 2 people in household (54), and 3 people in household (22).

2 people in household54
3 people in household22
4 people in household22
1 person in household18
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0