Housing Market Analysis for RIVERBANKS CLOSE, AL5 5EJ

Are you looking to understand AL5 5EJ 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 5EJ area, explore the AL5 5EJ Area information page.
For comprehensive crime statistics in the AL5 5EJ area, explore the AL5 5EJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the AL5 5EJ postcode area, The average prices are as follows,

Terraced
- The average price is around £232,922 median price is £195,000 Standard Deviation is £126,932 with Total Sold: 39
- The Last 5 Year average price is £468,590 with Total Sold: 5
- The most recent sale happened at this postcode is 8 RIVERBANKS CLOSE: £449,950 (Sold on 19 Feb 2021)
- The first recorded sale happened at this postcode is 11 RIVERBANKS CLOSE: £600,000 (Sold on 01 Aug 2024)
Detached
- The average price is around £257,800 median price is £253,500 Standard Deviation is £118,949 with Total Sold: 6
- The most recent sale happened at this postcode is 1 RIVERBANKS CLOSE: £410,000 (Sold on 26 Apr 2018)
- The first recorded sale happened at this postcode is 1 RIVERBANKS CLOSE: £121,800 (Sold on 20 Feb 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average AL5 5EJ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£449,950	£6,521	1
2020	£432,500	£5,777	2
2019	£428,000	£5,350	1
2017	£398,000	£6,317	1
2016	£450,000	£5,488	1
2015	£365,000	£5,794	1
2011	£315,000	£4,114	3
2010	£250,000	£4,032	1
2008	£215,000	£3,413	1
2005	£235,000	£3,590	2
2004	£242,667	£3,737	3
2003	£207,475	£3,188	2
2001	£167,290	£2,359	5
2000	£144,133	£2,214	3
1999	£134,950		1
1998	£110,125	£1,570	10
2024	£600,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£410,000	£6,949	1
2015	£385,000	£6,525	1
2005	£320,000	£3,200	1
2002	£187,000	£3,169	1
1998	£122,400	£1,647	2

All the Sales in the RIVERBANKS CLOSE, AL5 5EJ

See the table below for more details on the sold house prices in the AL5 5EJ, St Albans postcode.

Address	Sold Date	Price	% Change
8 RIVERBANKS CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1996-2002	19 Feb 2021	£449,950	40.61%
	28 Jul 2011	£320,000	30.61%
	12 Oct 2005	£245,000	11.39%
	27 Aug 2003	£219,950	37.51%
	27 Oct 2000	£159,950	36.13%
	27 Feb 1998	£117,500	First Sale
5 RIVERBANKS CLOSETerraced, FreeholdArea: 68 Sq.mtrAge: 1996-2002	09 Oct 2020	£400,000	53.85%
	07 May 2004	£260,000	122.22%
	27 Feb 1998	£117,000	First Sale
11 RIVERBANKS CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1996-2002	27 Mar 2020	£465,000	3.33%
	07 Dec 2016	£450,000	28.57%
	16 Sep 2011	£350,000	89.19%
	19 Dec 2001	£185,000	60.87%
	20 Mar 1998	£115,000	-80.83%
	01 Aug 2024	£600,000	First Sale
10 RIVERBANKS CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1991-1995	25 Jun 2019	£428,000	55.64%
	20 Jul 2011	£275,000	143.36%
	27 Mar 1998	£113,000	First Sale
1 RIVERBANKS CLOSEDetached, FreeholdArea: 59 Sq.mtrAge: 1996-2002	26 Apr 2018	£410,000	6.49%
	10 Jul 2015	£385,000	105.88%
	20 Aug 2002	£187,000	53.53%
	20 Feb 1998	£121,800	First Sale
7 RIVERBANKS CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 1996-2002	21 Jul 2017	£398,000	9.04%
	11 Sep 2015	£365,000	69.77%
	17 Nov 2008	£215,000	-6.52%
	01 Jul 2004	£230,000	41.98%
	19 Dec 2001	£162,000	62.00%
	24 Apr 1998	£100,000	First Sale
6 RIVERBANKS CLOSETerraced, FreeholdArea: 62 Sq.mtrAge: 1996-2002	01 Apr 2010	£250,000	11.11%
	04 Nov 2005	£225,000	63.64%
	16 Feb 2001	£137,500	34.80%
	09 Apr 1998	£102,000	First Sale
12 RIVERBANKS CLOSEDetached, FreeholdArea: 100 Sq.mtrAge: 1983-1990	29 Jul 2005	£320,000	160.16%
	06 Mar 1998	£123,000	First Sale
9 RIVERBANKS CLOSETerraced, Freehold	10 Feb 2004	£238,000	23.96%
	11 Dec 2001	£192,000	63.40%
	13 Mar 1998	£117,500	First Sale
4 RIVERBANKS CLOSETerraced, Freehold	31 Jul 2003	£195,000	39.34%
	01 Dec 2000	£139,950	33.29%
	31 Mar 1998	£105,000	First Sale
2 RIVERBANKS CLOSETerraced, Freehold	29 Nov 2001	£159,950	18.53%
	10 Dec 1999	£134,950	12.46%
	20 Feb 1998	£120,000	First Sale
3 RIVERBANKS CLOSETerraced, FreeholdArea: 62.8 Sq.mtrAge: 1996-2002	26 May 2000	£132,500	40.58%
	19 Mar 1998	£94,250	First Sale

Check out the sold house prices near the AL5 5EJ postcode. Properties currently for saleProperties currently for rent

RIVERBANKS CLOSE, AL5 5EJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL5 5EJ 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 5EJ postcode.

Semi-Detached
- The average price is around £367,613 median price is £305,000 Standard Deviation is £234,949 with Total Sold: 720
- The Last 5 Year average price is £674,498 with Total Sold: 129
- The most recent sale happened at this postcode is , 5 SOUTHVIEW ROAD: £625,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 9 OULTON RISE: £85,000 (Sold on 22 Feb 1995)
Flat
- The average price is around £166,215 median price is £152,975 Standard Deviation is £89,543 with Total Sold: 630
- The Last 5 Year average price is £265,428 with Total Sold: 85
- The most recent sale happened at this postcode is 16, ROBIN COURT WESTFIELD ROAD: £250,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 6 LEA WALK: £45,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £270,448 median price is £239,500 Standard Deviation is £156,771 with Total Sold: 408
- The Last 5 Year average price is £534,669 with Total Sold: 45
- The most recent sale happened at this postcode is , 8 NOKE SHOT: £517,600 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 11 ST MARTINS CLOSE: £68,000 (Sold on 25 Jan 1995)
Detached
- The average price is around £548,649 median price is £482,500 Standard Deviation is £357,280 with Total Sold: 126
- The Last 5 Year average price is £928,824 with Total Sold: 17
- The most recent sale happened at this postcode is , 17 COLDHARBOUR LANE: £650,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 6 LEA ROAD: £165,000 (Sold on 27 Apr 1995)
Other
- The average price is around £679,048 median price is £485,000 Standard Deviation is £715,643 with Total Sold: 31
- The Last 5 Year average price is £627,264 with Total Sold: 16
- The most recent sale happened at this postcode is , 41 ST JAMES ROAD: £800,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is , 114A WESTFIELD ROAD: £125,000 (Sold on 28 Mar 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£621,217	£5,326	9
2023	£729,793	£7,496	29
2022	£805,526	£7,249	19
2021	£609,188	£6,295	32
2020	£647,735	£6,431	17
2019	£628,037	£5,851	23
2018	£541,375	£5,895	12
2017	£538,118	£5,595	19
2016	£566,998	£5,207	27
2015	£523,608	£4,962	18
2014	£515,873	£4,978	28
2013	£407,605	£4,313	18
2012	£340,015	£3,960	20
2011	£406,856	£3,946	17
2010	£410,659	£3,871	28
2009	£309,798	£3,050	25
2008	£322,106	£3,288	9
2007	£349,780	£3,121	37
2006	£280,479	£3,128	34
2005	£294,283	£2,606	30
2004	£282,229	£2,522	28
2003	£259,565	£2,250	23
2002	£218,889	£2,133	38
2001	£225,551	£1,844	36
2000	£175,074	£1,760	19
1999	£142,926	£1,479	21
1998	£124,788	£1,237	17
1997	£112,476	£1,073	29
1996	£93,453	£804	36
1995	£85,636	£919	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£275,000	£5,367	3
2023	£247,786	£5,016	14
2022	£287,862	£5,096	25
2021	£284,488	£5,055	17
2020	£233,667	£4,629	15
2019	£248,136	£4,873	11
2018	£276,100	£4,531	5
2017	£301,579	£4,882	19
2016	£303,179	£5,239	49
2015	£216,357	£4,533	14
2014	£206,879	£4,118	24
2013	£182,932	£3,604	19
2012	£175,562	£3,353	14
2011	£189,750	£3,385	10
2010	£177,668	£3,528	19
2009	£154,650	£3,097	13
2008	£164,621	£3,306	12
2007	£185,798	£3,482	24
2006	£162,789	£3,145	23
2005	£147,998	£3,031	26
2004	£156,522	£3,069	30
2003	£136,839	£2,999	22
2002	£122,134	£2,365	31
2001	£102,418	£2,086	22
2000	£85,281	£1,776	27
1999	£76,964	£1,517	34
1998	£68,787	£1,417	29
1997	£58,295	£1,197	41
1996	£52,272	£988	16
1995	£48,345	£1,080	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£662,533		3
2023	£576,200	£8,345	5
2022	£529,500	£6,593	5
2021	£523,175	£6,156	14
2020	£541,506	£5,067	8
2019	£488,750	£5,849	10
2018	£482,000	£5,451	10
2017	£474,000	£5,549	12
2016	£402,933	£4,655	15
2015	£366,773	£5,026	11
2014	£320,750	£4,280	16
2013	£327,254	£3,666	13
2012	£306,954	£3,261	12
2011	£381,125	£3,943	12
2010	£296,162	£3,359	12
2009	£199,583	£2,420	9
2008	£267,833	£3,225	6
2007	£277,747	£3,541	18
2006	£263,655	£2,771	20
2005	£221,383	£3,294	15
2004	£239,567	£2,881	23
2003	£207,353	£2,511	19
2002	£182,763	£2,237	19
2001	£165,875	£2,086	24
2000	£152,785	£1,864	13
1999	£123,258	£1,664	18
1998	£113,671	£1,441	28
1997	£99,870	£1,503	14
1996	£72,512	£1,084	8
1995	£77,091	£979	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£925,000		2
2023	£1,090,000	£8,033	3
2022	£792,500	£7,314	2
2021	£1,066,000	£6,541	5
2020	£760,000	£6,085	2
2019	£745,000	£5,481	3
2018	£832,500	£7,929	6
2017	£470,000	£6,351	1
2016	£940,386	£6,707	4
2015	£784,600	£7,547	5
2014	£867,750	£5,470	6
2013	£665,833	£3,914	3
2012	£602,800	£4,947	5
2011	£968,333	£5,492	3
2010	£589,667	£5,336	6
2009	£512,750	£3,633	6
2008	£706,000	£5,363	2
2007	£541,990	£4,077	5
2006	£508,929	£3,877	7
2005	£356,667	£2,677	3
2004	£375,000	£3,287	5
2003	£480,000	£3,012	3
2002	£313,711	£2,397	9
2001	£236,286	£1,836	7
2000	£297,000	£2,152	1
1999	£184,333	£1,503	3
1998	£171,321	£1,540	6
1997	£252,500	£2,821	2
1996	£135,143	£916	7
1995	£144,250	£1,192	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£557,500	£9,091	2
2022	£815,136	£5,484	5
2021	£358,857		7
2019	£1,166,775		2
2018	£55,500	£768	2
2017	£1,082,051		4
2016	£220,000	£5,805	1
2015	£890,007		7
2014	£125,000	£1,953	1

House Type in AL5 5EJ area

The most common house types in the AL5 5EJ postcode area are Flat (69), Semi-detached (65), and Terraced (33).

Total	198
Flat	69
Semi-detached	65
Terraced	33
Detached	30
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (89), and Owned: Owns outright (62).

Owned: Owns with a mortgage or loan	89
Owned: Owns outright	62
Private rented: Private landlord or letting agency	27
Social rented: Other social rented	15
Shared ownership: Shared ownership	4
Private rented: Other private rented	3
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the AL5 5EJ have 1 person in household (57), and 2 people in household (56).

1 person in household	57
2 people in household	56
4 people in household	36
3 people in household	34
5 people in household	13
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0