Housing Market Analysis for THE REEDS, AL7 3BN

Are you looking to understand AL7 3BN 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 Welwyn Hatfield postcode.

For the location information and nearby amenities in the AL7 3BN area, explore the AL7 3BN Area information page.
For comprehensive crime statistics in the AL7 3BN area, explore the AL7 3BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the AL7 3BN postcode area, The average prices are as follows,

  • Detached
    • The average price is around £272,430 median price is £233,000 Standard Deviation is £186,274 with Total Sold: 43
    • The Last 5 Year average price is £733,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 14 THE REEDS: £750,000 (Sold on 25 Oct 2023)
    • The first recorded sale happened at this postcode is 7 THE REEDS: £100,000 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average AL7 3BN 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
2023£738,333 £5,650 3
2022£720,000 £6,429 1
2018£450,000 £3,689 1
2014£506,750 £4,014 2
2011£367,000 £2,852 1
2009£353,000 £3,048 1
2008£360,0002
2007£355,817 £2,986 3
2006£295,0001
2005£304,000 £2,492 1
2003£264,975 £2,176 2
2001£236,500 £1,961 4
1999£195,000 £1,477 1
1998£153,000 £1,254 1
1997£154,9501
1996£120,000 £1,036 4
1995£125,045 £1,044 14

All the Sales in the THE REEDS, AL7 3BN

See the table below for more details on the sold house prices in the AL7 3BN, Welwyn Hatfield postcode.

AddressSold DatePrice% Change
14 THE REEDSDetached, FreeholdArea: 132 Sq.mtrAge: 1996-200225 Oct 2023£750,0000.0
25 Oct 2023£750,00053.53%
28 Mar 2014£488,500150.51%
10 Sep 1999£195,00021.88%
30 Jun 1995£160,000First Sale
12 THE REEDSDetached, FreeholdArea: 128 Sq.mtrAge: 1991-199508 Mar 2023£715,000456.42%
30 Jun 1995£128,500First Sale
8 THE REEDSDetached, FreeholdArea: 112 Sq.mtrAge: 1991-199525 Jan 2022£720,000453.85%
02 Jun 1995£130,000First Sale
10 THE REEDSDetached, FreeholdArea: 122 Sq.mtrAge: 1991-199505 Dec 2018£450,00025.00%
19 Oct 2007£360,00018.42%
26 Aug 2005£304,00098.69%
21 Dec 1998£153,00054.55%
16 Jun 1995£99,000First Sale
11 THE REEDSDetached, FreeholdArea: 121.32 Sq.mtrAge: 1991-199512 Sep 2014£525,000303.85%
28 Jul 1995£130,000First Sale
16 THE REEDSDetached, FreeholdArea: 128.7 Sq.mtrAge: 1991-199525 Mar 2011£367,00031.07%
20 Aug 2003£280,00017.65%
05 Dec 2001£238,00094.29%
06 Nov 1996£122,500-2.00%
08 Dec 1995£124,995First Sale
9 THE REEDSDetached, FreeholdArea: 115.8 Sq.mtrAge: 1991-199504 Dec 2009£353,0000.87%
04 Jan 2007£349,95045.81%
30 Jul 2001£240,00092.01%
29 Sep 1995£124,995First Sale
6 THE REEDSDetached, Freehold15 Oct 2008£405,000161.37%
29 May 1997£154,95014.78%
26 May 1995£135,000First Sale
7 THE REEDSDetached, Freehold25 Mar 2008£315,000215.00%
12 May 1995£100,000First Sale
1 THE REEDSDetached, Freehold09 Aug 2007£357,500189.47%
08 Feb 1996£123,500First Sale
2 THE REEDSDetached, Freehold22 May 2006£295,000130.47%
11 Dec 1995£128,000First Sale
13 THE REEDSDetached, Freehold21 Aug 2003£249,950152.47%
16 Jun 1995£99,000First Sale
15 THE REEDSDetached, Freehold10 Sep 2001£235,00088.00%
28 Jul 1995£125,000First Sale
5 THE REEDSDetached, Freehold25 May 2001£233,00079.24%
08 Nov 1995£129,995First Sale
4 THE REEDSDetached, FreeholdArea: 92.33 Sq.mtrAge: 1991-199531 Oct 1996£119,000First Sale
3 THE REEDSDetached, FreeholdArea: 132.37 Sq.mtrAge: 1991-199531 Oct 1996£115,000-15.53%
31 Aug 1995£136,150First Sale

Check out the sold house prices near the AL7 3BN postcode. Properties currently for saleProperties currently for rent

THE REEDS, AL7 3BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the AL7 3BN 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 AL7 3BN postcode.

  • Terraced
    • The average price is around £225,528 median price is £192,000 Standard Deviation is £135,834 with Total Sold: 1,051
    • The Last 5 Year average price is £421,391 with Total Sold: 140
    • The most recent sale happened at this postcode is , 65 HOLWELL ROAD: £370,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 55 BROADWATER CRESCENT: £52,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £301,227 median price is £253,500 Standard Deviation is £184,127 with Total Sold: 404
    • The Last 5 Year average price is £572,284 with Total Sold: 51
    • The most recent sale happened at this postcode is , 49 FORDWICH ROAD: £780,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 9 ROOKS CLOSE: £96,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £185,141 median price is £175,000 Standard Deviation is £92,810 with Total Sold: 722
    • The Last 5 Year average price is £279,929 with Total Sold: 177
    • The most recent sale happened at this postcode is FLAT 31, GRIFFIN PLACE BROADWATER ROAD: £310,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 40 THE CLOISTERS: £39,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £1,728,302 median price is £600,000 Standard Deviation is £3,186,785 with Total Sold: 14
    • The Last 5 Year average price is £584,845 with Total Sold: 5
    • The most recent sale happened at this postcode is , 6 SOUTHFIELD: £470,000 (Sold on 01 Feb 2024)
    • The first recorded sale happened at this postcode is , 12 SOUTHFIELD: £825,000 (Sold on 31 Mar 2016)
  • Detached
    • The average price is around £374,207 median price is £340,000 Standard Deviation is £221,304 with Total Sold: 179
    • The Last 5 Year average price is £748,338 with Total Sold: 17
    • The most recent sale happened at this postcode is , 25 PARKFIELDS: £810,000 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , 126 PARKWAY: £85,000 (Sold on 31 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£437,875 £5,368 12
2023£455,098 £5,798 22
2022£455,312 £5,279 16
2021£428,957 £5,149 35
2020£391,912 £5,315 27
2019£387,429 £5,291 28
2018£411,691 £4,433 34
2017£404,141 £5,276 26
2016£378,308 £4,718 40
2015£329,719 £4,485 26
2014£310,505 £3,816 31
2013£302,316 £3,227 47
2012£256,129 £2,957 27
2011£257,541 £2,990 27
2010£255,803 £3,904 17
2009£213,409 £2,823 17
2008£205,071 £2,632 14
2007£241,163 £3,308 27
2006£214,117 £2,683 48
2005£208,079 £2,597 29
2004£185,221 £2,541 43
2003£180,949 £2,266 49
2002£158,172 £2,012 39
2001£130,967 £1,616 50
2000£118,705 £1,734 36
1999£98,414 £1,381 55
1998£97,445 £1,379 41
1997£86,049 £1,092 38
1996£82,298 £1,119 78
1995£76,832 £1,095 72
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£780,0001
2023£624,222 £6,383 9
2022£636,951 £6,703 11
2021£543,036 £5,903 14
2020£508,318 £5,412 11
2019£517,600 £5,671 5
2018£503,400 £4,182 10
2017£561,038 £5,909 13
2016£460,942 £5,356 13
2015£473,173 £4,639 16
2014£362,338 £4,461 16
2013£336,679 £3,742 14
2012£320,854 £3,152 14
2011£345,265 £3,713 13
2010£248,611 £3,058 9
2009£298,357 £2,801 7
2008£250,828 £2,955 9
2007£331,000 £3,060 15
2006£293,534 £3,560 16
2005£287,827 £2,607 14
2004£240,581 £2,928 18
2003£200,556 £2,473 9
2002£207,415 £2,501 16
2001£201,782 £2,062 21
2000£167,622 £1,859 15
1999£124,521 £1,377 20
1998£127,139 £1,583 18
1997£100,413 £1,196 15
1996£111,170 £1,156 22
1995£95,817 £1,194 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,500 £5,000 2
2023£337,368 £4,769 41
2022£255,116 £4,808 20
2021£250,799 £4,225 35
2020£271,365 £4,298 37
2019£268,083 £4,530 42
2018£258,700 £4,633 35
2017£267,304 £4,596 25
2016£255,562 £4,636 26
2015£195,976 £3,844 28
2014£179,991 £3,356 84
2013£177,754 £3,144 39
2012£158,293 £3,065 45
2011£148,792 £2,795 6
2010£187,806 £3,252 8
2009£134,427 £3,030 11
2008£127,994 £3,087 9
2007£159,181 £3,134 24
2006£134,864 £2,737 21
2005£132,197 £2,945 15
2004£120,335 £2,594 16
2003£120,942 £2,425 13
2002£124,141 £2,116 17
2001£80,156 £1,647 16
2000£91,272 £1,625 22
1999£65,362 £1,285 21
1998£57,074 £1,262 21
1997£43,891 £1,133 18
1996£45,054 £910 14
1995£48,086 £1,169 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£470,0001
2021£475,0001
2020£380,000 £4,872 1
2019£799,6122
2018£464,833 £4,153 3
2017£8,262,5002
2016£838,1254
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£742,000 £7,526 5
2022£815,875 £6,798 4
2021£615,188 £6,500 4
2020£739,500 £6,839 2
2019£904,250 £5,214 2
2018£694,167 £5,658 6
2017£613,636 £6,062 7
2016£610,000 £8,133 1
2015£637,000 £4,845 4
2014£492,146 £5,647 13
2013£462,500 £4,672 2
2012£518,750 £4,452 4
2011£481,400 £3,549 5
2010£424,000 £4,999 4
2009£401,333 £3,481 6
2008£379,667 £3,054 6
2007£397,490 £3,557 5
2006£397,000 £3,052 4
2005£359,833 £2,520 3
2004£397,214 £2,982 7
2003£375,480 £2,337 5
2002£268,143 £2,589 7
2001£266,679 £2,269 14
2000£243,500 £5,945 4
1999£219,000 £1,447 7
1998£222,437 £1,349 6
1997£163,931 £1,716 8
1996£126,371 £1,177 12
1995£130,142 £1,146 22

House Type in AL7 3BN area

The most common house types in the AL7 3BN postcode area are Semi-detached (50), Terraced (29), and Detached (16).

Total113
Semi-detached50
Terraced29
Detached16
Flat16
Shared house1
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (34), and Owned: Owns with a mortgage or loan (27).

Social rented: Rents from council or Local Authority34
Owned: Owns with a mortgage or loan27
Social rented: Other social rented23
Owned: Owns outright18
Private rented: Private landlord or letting agency9
Lives rent free2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the AL7 3BN have 3 people in household (36), and 2 people in household (34).

3 people in household36
2 people in household34
4 people in household22
1 person in household17
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0