Housing Market Analysis for RIDGEWOOD DRIVE, AL5 3LE

Are you looking to understand AL5 3LE 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 3LE area, explore the AL5 3LE Area information page.
For comprehensive crime statistics in the AL5 3LE area, explore the AL5 3LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the AL5 3LE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £435,000 median price is £400,000 Standard Deviation is £191,442 with Total Sold: 3
    • The most recent sale happened at this postcode is 22 RIDGEWOOD DRIVE: £685,000 (Sold on 24 Aug 2006)
    • The first recorded sale happened at this postcode is 22 RIDGEWOOD DRIVE: £220,000 (Sold on 16 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average AL5 3LE 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
2006£685,0001
2003£400,0001
1996£220,0001

All the Sales in the RIDGEWOOD DRIVE, AL5 3LE

See the table below for more details on the sold house prices in the AL5 3LE, St Albans postcode.

AddressSold DatePrice% Change
22 RIDGEWOOD DRIVEDetached, Freehold24 Aug 2006£685,000211.36%
16 Aug 1996£220,000First Sale
10 RIDGEWOOD DRIVEDetached, Freehold14 Nov 2003£400,000First Sale

Check out the sold house prices near the AL5 3LE postcode. Properties currently for saleProperties currently for rent

RIDGEWOOD DRIVE, AL5 3LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL5 3LE 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 3LE postcode.

  • Flat
    • The average price is around £144,252 median price is £126,750 Standard Deviation is £88,531 with Total Sold: 254
    • The Last 5 Year average price is £204,967 with Total Sold: 33
    • The most recent sale happened at this postcode is FLAT 8, VERULAM HOUSE, 110 LUTON ROAD: £305,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is 35, HOMEDELL HOUSE ROUNDWOOD LANE: £40,000 (Sold on 08 Feb 1995)
  • Detached
    • The average price is around £660,038 median price is £590,000 Standard Deviation is £388,491 with Total Sold: 732
    • The Last 5 Year average price is £1,137,583 with Total Sold: 94
    • The most recent sale happened at this postcode is , 2 HIGH RIDGE: £1,000,000 (Sold on 24 Jul 2024)
    • The first recorded sale happened at this postcode is , 70 PARK RISE: £125,000 (Sold on 07 Jan 1995)
  • Semi-Detached
    • The average price is around £412,437 median price is £357,000 Standard Deviation is £232,270 with Total Sold: 455
    • The Last 5 Year average price is £759,837 with Total Sold: 57
    • The most recent sale happened at this postcode is , 14 RIDGE AVENUE: £1,005,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 5 PARK RISE CLOSE: £125,500 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £313,027 median price is £279,950 Standard Deviation is £178,946 with Total Sold: 169
    • The Last 5 Year average price is £618,367 with Total Sold: 15
    • The most recent sale happened at this postcode is , 147 LUTON ROAD: £515,000 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is , 2 WELLS CLOSE: £90,000 (Sold on 09 Feb 1995)
  • Other
    • The average price is around £899,409 median price is £349,612 Standard Deviation is £969,681 with Total Sold: 7
    • The Last 5 Year average price is £1,037,833 with Total Sold: 3
    • The most recent sale happened at this postcode is 36, HOMEDELL HOUSE ROUNDWOOD LANE: £163,500 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , 177 LUTON ROAD: £2,025,000 (Sold on 18 Dec 2014)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£262,500 £3,537 4
2023£163,158 £3,611 6
2022£189,000 £3,718 8
2021£227,125 £4,979 4
2020£348,475 £4,783 2
2019£179,722 £3,702 9
2018£149,200 £3,474 5
2017£267,563 £5,637 15
2016£251,857 £4,418 7
2015£175,962 £3,533 13
2014£197,393 £3,455 7
2013£217,625 £3,769 4
2012£163,068 £3,626 7
2011£172,071 £3,289 7
2010£168,200 £3,149 5
2009£126,917 £2,959 6
2008£139,000 £3,294 6
2007£191,492 £3,480 7
2006£163,825 £3,016 16
2005£108,996 £2,468 14
2004£116,496 £2,480 13
2003£142,558 £2,504 17
2002£96,500 £2,164 9
2001£77,350 £1,828 7
2000£80,917 £1,791 6
1999£66,616 £1,469 12
1998£54,673 £1,124 11
1997£47,313 £946 11
1996£47,744 £1,047 8
1995£50,906 £1,086 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,165,000 £6,690 3
2023£1,184,333 £8,544 15
2022£1,051,347 £8,132 21
2021£1,097,125 £7,122 24
2020£1,356,786 £6,652 14
2019£1,074,618 £5,884 17
2018£987,019 £6,812 27
2017£917,091 £7,107 11
2016£991,987 £6,396 23
2015£905,552 £5,361 21
2014£910,571 £5,400 28
2013£791,161 £5,221 31
2012£752,467 £5,237 32
2011£637,058 £4,553 26
2010£684,547 £4,520 25
2009£671,917 £3,575 33
2008£786,031 £4,074 13
2007£690,812 £3,883 32
2006£668,398 £4,034 34
2005£636,272 £3,095 39
2004£505,015 £3,091 31
2003£465,732 £3,016 30
2002£433,086 £2,776 29
2001£335,623 £2,485 32
2000£331,578 £2,037 20
1999£296,288 £1,768 30
1998£263,974 £1,778 28
1997£208,975 £1,484 20
1996£201,559 £1,243 22
1995£160,810 £1,255 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£790,0003
2023£699,762 £6,499 7
2022£892,750 £7,569 8
2021£797,990 £6,427 15
2020£681,778 £6,350 9
2019£719,633 £5,989 15
2018£715,413 £5,688 15
2017£754,056 £5,899 10
2016£642,350 £5,626 10
2015£601,944 £5,808 9
2014£558,538 £5,063 12
2013£606,250 £4,858 4
2012£535,653 £5,353 13
2011£469,717 £5,135 9
2010£499,233 £4,361 12
2009£458,265 £3,372 13
2008£472,050 £5,756 10
2007£487,186 £3,763 19
2006£417,808 £3,288 31
2005£383,229 £3,592 24
2004£317,064 £3,208 22
2003£290,688 £2,909 16
2002£276,186 £2,494 21
2001£267,658 £2,085 24
2000£258,425 £2,001 18
1999£196,712 £1,701 29
1998£187,020 £1,554 22
1997£158,106 £1,361 18
1996£134,334 £1,054 22
1995£114,667 £1,071 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£634,000 £6,583 5
2022£723,333 £6,554 3
2021£503,500 £6,224 3
2020£595,000 £5,947 2
2019£617,500 £5,919 2
2018£656,667 £6,552 3
2017£420,000 £6,462 1
2016£466,667 £4,900 6
2015£466,646 £5,349 8
2014£396,400 £4,883 5
2013£354,490 £3,941 5
2012£390,000 £3,720 5
2011£476,390 £5,125 5
2010£398,071 £3,541 7
2009£345,417 £3,787 6
2008£351,500 £4,472 5
2007£402,372 £4,376 8
2006£334,056 £3,247 8
2005£255,817 £3,591 6
2004£327,4833
2003£230,493 £3,422 8
2002£218,885 £2,276 10
2001£210,125 £2,464 8
2000£172,900 £2,072 6
1999£148,150 £1,453 14
1998£123,025 £1,607 8
1997£101,786 £1,234 7
1996£100,900 £1,162 5
1995£80,679 £1,022 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£163,500 £3,716 1
2020£250,0001
2019£2,700,0001
2018£6,250 £80 1
2017£349,612 £1,231 1
2015£801,500 £17,424 1
2014£2,025,0001

House Type in AL5 3LE area

The most common house types in the AL5 3LE postcode area are Detached (113), Semi-detached (19), and Flat (4).

Total138
Detached113
Semi-detached19
Flat4
Terraced1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (80), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan80
Owned: Owns outright48
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority2
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the AL5 3LE have 4 people in household (45), and 2 people in household (35).

4 people in household45
2 people in household35
3 people in household27
5 people in household17
1 person in household11
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0